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Liontrust Macro Equity Income Fund - Acc (R)

Ranked 51 out of 100 in - UK Equity Income over 36 months
All calculations are in GBP

Managed by

Stephen Bailey

London-born Stephen Bailey began his career in stockbroking in 1985 as a private client portfolio manager with Statham, Duff, Stoop. He followed this with a year at Sheppards & Chase, before joining Walker Crips Weddle Beck plc in 1987. Currently investment director at the group, Bailey has been the architect and driving force behind the development of Walker Crips' asset management business. His in-depth investment experience and sensitivity to market conditions, coupled with colleague Jan Luthman's more fundamental approach, has created a winning combination in the successful co-management of the Walker Crips UK Growth and Equity Income funds, as well as the Dublin-based Collins Stewart UK Growth Fund. As a keen stockmarket historian, Bailey's interest in the financial world extends beyond the rigours of fund management. He is also a sports enthusiast who enjoys cricket, rugby and golf.

Jan Luthman

Jan Luthman graduated in Civil Engineering from St. Andrews University in 1967. He spent eighteen years managing a range of earthmoving, timber, mining, oilfield and vehicle distributorships in Liberia and the Middle-East. An active and successful private investor during the 1980's, Luthman was amongst the first to pass the Securities Association (now the Securities Institute) exams in Investment Analysis in 1987, followed by Fund Management in 1988. However, the value of this unusual combination of formal qualifications, international corporate management and practical investment experience lay largely unrecognised and untapped until he joined Walker Crips in 2000. Now, together with colleague Stephen Bailey, he manages the Liontrust Macro UK Growth and Macro Equity Income funds, as well as segregated mandates. A fan of good wine, good food, photography and pub walks, Luthman dabbles in Old English as well as a website of children's stories and fables, www.fables.co.uk.

Objective

The investment objective of the Fund is to provide Unitholders with a rising level of income, together with capital growth. In providing an above average level of income, particular attention will be paid towards capital security and maintenance. There is no restriction on the economic sectors or geographical areas in which the Fund may invest, however, the investments will be predominantly in ordinary shares of UK companies, although the Fund may also invest in other transferable securities, collective investment schemes, warrants, money market instruments and deposits.

Performance

UK Equity Income over : 30/11/2011 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 1.2% 1.0% -1.6%
2013 30.0% 13.2% 0.5% 4.6% 9.1%
2012 6.7% 3.9% -2.5% 5.2% 0.2%
2011 -1.0% -0.3% 2.0% -8.0% 5.8%
2010 17.0% 6.0% -7.6% 11.1% 7.6%
2009 31.2% -8.3% 10.8% 21.8% 6.0%
2008 -26.0% -12.0% 0.9% -12.1% -5.2%
2007 3.0% 0.9% 3.8% -2.3% 0.7%
2006 18.5% 11.0% -3.9% 4.9% 5.9%
2005 23.9% 7.0% 3.4% 7.4% 4.2%
2004 26.4% 3.8% 1.4% 7.7% 11.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2014

Top 10 Holdings

Stock Size
BT Group PLC ORD 4.81
GlaxoSmithKline PLC ORD 4.79
Royal Dutch Shell Plc B ORD 4.75
British Land Company PLC ORD 4.74
Vodafone Group PLC ORD 4.53
BP PLC ORD 4.36
Merck & Co Inc ORD 4.01
Jupiter Fund Management PLC ORD 3.83
Verizon Communications Inc ORD 3.76
AstraZeneca PLC ORD 3.74
31/10/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/10/2003
  • Share Class size39Mn
  • Base currencyGBP
  • ISIN GB0033726984

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment5,000

Charges

  • Annual management1.5%
  • Initial investment5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).