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Liontrust Macro Equity Income Fund - Acc (R)

Ranked 65 out of 90 in - UK Equity Income over 60 months
All calculations are in GBP unless stated

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. After over 2 decades at Walker Crisps where he was the investment director, Bailey joined Liontrust in 2012 where he currently runs their Macro Equity Income fund and their Macro 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.

Jamie Clark

Jamie Clark joined Liontrust in April 2012, transferring from Walkers Crips Asset Managers (WCAM). He joined WCAM in 2003 and prior to that he was a junior proprietary trader at First New York Securities. Jamie graduated from Southampton University in 2000 with a BA in English Literature and from Warwick University in 2001 with an MA with Distinction in English Literature.

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.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 30/06/2011 - 30/06/2016

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -2.5% -3.4%
2015 5.4% 6.6% 0.0% -5.6% 4.6%
2014 3.4% 1.2% 1.0% -1.6% 2.8%
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

31/05/2016

Top 10 Holdings

Stock Size
Vodafone Group PLC ORD 5.34
British Land Company PLC ORD 5.07
GlaxoSmithKline PLC ORD 4.92
BT Group PLC ORD 4.90
Verizon Communications Inc ORD 4.78
AT&T Inc ORD 4.75
AstraZeneca PLC ORD 4.64
Legal & General Group PLC ORD 4.52
Pfizer Inc ORD 4.46
Merck & Co Inc ORD 3.52
31/05/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/10/2003
  • Share Class size15Mn
  • Base currencyGBP
  • ISIN GB0033726984

Purchase Info

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

Charges

  • Annual management1.50%
  • Initial investment5

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