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Liontrust Special Situations Fund (R)

Ranked 128 out of 262 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Anthony Cross

Anthony Cross joined Schroder Investment Management as a research analyst in 1990 having graduated from Exeter University with a politics degree earlier that year. He moved to the group’s smaller companies team in 1994 and was number two on the desk by 1995. Cross made the switch to Liontrust in 1997 to become a director of Liontrust Investment Services Limited.

Julian Fosh

Born in 1963, Julian Fosh graduated from Merton College, Oxford, in Jurisprudence. The bulk of his career was spent with Scottish Amicable Investment Managers in a 13-year stint prior to its acquisition by Britannic in 1997. He spent less than a year at the new entity before moving to Scottish Friendly. As investment director of the group, his responsibilities included the management of the Scottish Friendly Managed Growth and Scottish Friendly UK Growth unit trusts. Fosh made the switch to Saracen Fund Managers in June 2004 where he worked along side Jim Fisher on the the Saracen Growth Alpha fund. He joined Liontrust in 2008.

Objective

The investment objective of the Fund is to provide long-term capital growth. To achieve this aim, the Fund will invest primarily in a concentrated portfolio of UK companies’ shares. The Fund will invest where the fund manager believes there are the greatest opportunities to provide long term capital growth. The Fund will not be restricted in choice of investment by either size or sector. The Fund may also invest in transferable securities, money market instruments, warrants, cash and near cash and deposits. The Fund may also invest up to 10% of its property in units or shares in collective investment schemes.

Performance

UK (All Companies) over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 0.6% 1.4% 0.0% -0.8%
2013 20.1% 9.8% -0.2% 3.9% 5.4%
2012 22.5% 10.0% -0.1% 9.1% 2.1%
2011 7.6% 5.1% 4.8% -9.1% 7.4%
2010 36.3% 8.2% -2.5% 15.0% 12.2%
2009 41.4% -3.2% 15.7% 19.5% 5.7%
2008 -25.9% -5.1% -1.6% -7.5% -14.2%
2007 0.2% 8.2% 3.2% -5.7% -4.9%
2006 22.1% 8.9% -5.3% 8.6% 9.0%
2005 4.4% 4.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
GBP Cash 5.52
Royal Dutch Shell Plc B ORD 3.66
Compass Group PLC ORD 3.62
BP PLC ORD 3.45
AstraZeneca PLC ORD 3.42
Advanced Computer Software Group PLC ORD 3.32
EMIS Group PLC ORD 3.32
BG Group PLC ORD 3.27
Reed Elsevier PLC ORD 3.21
NCC Group PLC ORD 3.17
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date10/11/2005
  • Share Class size451Mn
  • Base currencyGBP
  • ISIN GB00B0N6YF70

Purchase Info

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

Charges

  • Annual management1.8%
  • Initial investment5

Related News

Liontrust Special Situations

AA-rated Cross & Fosh up Brooks Macdonald stake above 16%

Citywire AA-rated Anthony Cross and Julian Fosh have extended their margin as the largest shareholders in Brooks Macdonald

Performance review: why VWM Wealth’s Thomson is buying UK small caps

David Thomson, chief investment officer at VWM Wealth, has reduced his exposure to emerging markets and Japan in favour of UK smaller companies.

Ions defends Liontrust performance as ‘dash to trash’ hurts

The chief executive said Liontrust's funds tend to prefer quality assets, which were out of favour last year.

Why this wealth manager is sticking with emerging markets

Kevin Gillibrand, director and co-founder of Fraser Wealth Management, is keeping faith in emerging markets in spite of recent underperformance.

Mills swoops as Liontrust equity stars sell down Walker Crips

Liontrust's Julian Fosh, Anthony Cross, Jan Luthman and Stephen Bailey have cut their holding in Walker Crips across a spread of funds, and Christopher Mills was quick to scoop of the bulk of the shares they let go of.

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Barclays Stockbrokers sees record inflows in January

The execution-only platform saw a 320% year-on-year increase in fund inflows with Fidelity UK Smaller Companies its top seller.

Liontrust managers tip pharma to shine and utilities to fall

Pharmaceuticals are due for a rerating upwards but utilities stocks are overpriced, say Liontrust’s fund managers, and they give gambling and asset managers a thumbs up.

Six of the best give their views on investing in 2013

In spite of all the macro uncertainty 2012 has been a decent year for most asset classes. We travelled to Edinburgh to interview some of the best manager talent operating out of Scotland to ask what they expect from 2013.

...more...

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