VT Munro Smart Beta UK X Acc Direct (FUND:B1Z8LM4) - Fund price - Overview

Fund Report

VT Munro Smart-Beta UK Fund Class X Acc Direct

Key Stats
Morningstar® CategoryUK Large-Cap Blend Equity
Manager Name-
Inception Date18/09/2007
NAV 22/06/2018GBX 149.43
Day Change-0.06%
12 Month Yield4.18%
Dividend FrequencyMonthly
Net Assets (mil) 30/04/20186.44 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
Ongoing Cost1.20%
Fund Rebate0.05%

Morningstar Rating™


Morningstar Sustainability Rating

Below Average

Below Average

Sustainability Rating as of 30/04/2018


Fund Benchmark

Freedom Smart-Beta UK Dividend TR LCL

Morningstar® Benchmark


Growth Of 10,000 (GBP) 31/05/2018

How has this security performed
  • Fund: VT Munro Smart-Beta UK Fund Class X Acc Direct
  • Category: UK Large-Cap Blend Equity
  • Benchmark: FTSE All Share TR GBP
Trailing Returns % (GBP) 22/06/2018
3 Years Annualised7.617.138.35
5 Years Annualised7.538.579.33
10 Years Annualised6.087.427.80

Morningstar SRRI

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

Investment Objective

The Fund seeks to maximize the overall return by seeking to replicate the performance of the Freedom Smart-Beta UK Dividend Index. The Fund will seek to deliver a consistent return over the long term by holding mainly large and medium sized securities, excluding Investment Trusts, listed on the London Stock Exchange. The Fund will be constructed on the basis of the underlying fundamental financial attributes of the companies listed on the London Stock Exchange rather on their market capitalisation. The weight of each company in the Fund will be determined by the proportion that its forecast total dividend will be expected to make of the total income of all the companies held. The Fund distributes every month and can be considered to be managed with the aim of replicating the performance of the Freedom Smart-Beta UK Dividend Index which is constructed on the same basis.

Portfolio Profile30/04/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
HSBC Holdings PLC Financial Services7.16
BP PLC Energy6.30
DecreaseRoyal Dutch Shell PLC Class A Energy4.95
Royal Dutch Shell PLC B Energy4.60
GlaxoSmithKline PLC Healthcare4.43
Asset Allocation %
Top Stock Regions
United Kingdom97.76
United States0.83
Europe - Emerging0.11
Asia - Emerging0.05
Top Stock Sectors
Stock Sector%
Financial Services23.64
Consumer Defensive13.22
Basic Materials12.95
Consumer Cyclical9.03
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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