VT Smart Dividend UK X Inc-Direct (FUND:B1Z8L91) - Overview

Fund Report

VT Smart Dividend UK Fund Class X Inc Direct

Key Stats
Morningstar® CategoryUK Large-Cap Blend Equity
Manager Name-
Inception Date18/09/2007
NAV 06/12/2016GBX 88.85
Day Change0.54%
12 Month Yield9.32%
ISINGB00B1Z8L916
SEDOLB1Z8L91
Dividend FrequencyMonthly
Net Assets (mil) 31/10/20165.99 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.06%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Freedom Smart-Beta UK Dividend TR LCL

Morningstar® Benchmark

FTSE All Share TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund10.5316.08-0.54-4.7921.06
Category13.5423.581.002.438.73
Benchmark12.3020.811.180.9811.18
  • Fund: VT Smart Dividend UK Fund Class X Inc Direct
  • Category: UK Large-Cap Blend Equity
  • Benchmark: FTSE All Share TR GBP
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD20.447.6011.08
3 Years Annualised5.555.075.40
5 Years Annualised7.719.428.98
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund seeks to maximise the overall return through shares listed on the UK stock market using a semi-passive process. The fund seeks to track the Freedom Smart-Beta UK Dividend Index which uses consensus forecast gross cash dividends for each constituent company, in relation to the total for large and medium sized UK companies, to determine the size of each holding. This gives it a bias to value. This process bridges the gap between active and passive funds. The model is rebalanced every month to incorporate changes to dividend forecasts and the fund is reconciled to the model every day. The fund does not use derivatives or lend stock.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
HSBC Holdings PLC Financial Services8.38
BP PLC Energy6.81
GlaxoSmithKline PLC Healthcare5.24
IncreaseRoyal Dutch Shell PLC Class A Energy5.02
Royal Dutch Shell PLC B Energy4.59
Asset Allocation %
LongShortNet
Stocks99.130.0099.13
Bonds0.000.000.00
Cash0.770.000.77
Other0.100.000.10
Top Stock Regions
Region%
United Kingdom98.19
United States1.08
Eurozone0.53
Europe - Emerging0.15
Asia - Emerging0.04
Top Stock Sectors
Stock Sector%
Financial Services23.05
Energy16.97
Consumer Defensive14.65
Basic Materials10.38
Consumer Cyclical8.61
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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