Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Liontrust Special Situations Fund (R)

Ranked 28 out of 257 in - UK (All Companies) over 12 months
All calculations are in GBP unless stated

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 alongside Jim Fisher on the Saracen Growth Alpha fund. He joined Liontrust in 2008.


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.

Showing fund performance in United Kingdom View performance globally


UK (All Companies) over : 31/05/2017 - 31/05/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -3.4%
2017 15.6% 5.2% 2.6% 2.8% 4.2%
2016 14.6% -1.0% 2.6% 11.2% 1.5%
2015 12.8% 7.7% 0.6% -3.4% 7.8%
2014 1.0% 1.4% 0.0% -0.8% 0.4%
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%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date10/11/2005
  • Share Class size212Mn
  • Base currencyGBX
  • ISIN GB00B0N6YF70

Purchase Info

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


  • Annual management1.75%
  • Initial investment1.75

Related News

MPS spotlight: Why Close Bros is sticking with the UK

Close Brothers is sticking with the UK despite being ‘cautious’ due to Brexit and attractive valuations elsewhere.

ISA season: the funds and stocks topping the charts

Sales figures from major platforms show investors continuing to shun UK funds, while dividends dominate stock choices.

Why short sellers are grabbing a slice of pizza

Protests against police brutality and racial inequality are rarely uttered in the same breath as falling pizza sales, but shortsellers have jumped on a bizarre comment from Papa John’s CEO to profit from the stock’s subsequent slump.

Parmenion: the perks of investing in interesting times

One of the perks of being an investment manager is the continuously changing political landscape.

AA share price crash latest blow to Neil Woodford

Fund manager hit by third stock upset after AA Group fires executive chairman Bob Mackenzie for gross misconduct and lowers full-year forecasts.

Liontrust posts second best retail inflow in seven years

The fund boutique drew a net retail inflow of £177 million in the second quarter, representing one of its best performances in years.

AAA-rated Liontrust team buy more Brooks Macdonald

Citywire AAA-rated value experts Anthony Cross and Julian Fosh have upped their stake in long-term holding Brooks Macdonald.

Citywire Selection: our 19 star fund picks

The Citywire Selection team outline their latest 'Star Pick' funds, covering all the major investment areas.

Liontrust to launch micro cap fund for A-rated Cross

The launch is currently scheduled for the beginning of next year.

Liontrust Special Situations


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