Margetts Providence Strategy R GBP Acc (FUND:B4VR632) - Fund price

Fund Report

Margetts Providence Strategy Fund R GBP Acc

Key Stats
Morningstar® CategoryGBP Moderate Allocation
Manager NameToby Ricketts
Inception Date03/12/2012
NAV 09/07/2020GBX 366.01
Day Change-0.36%
12 Month Yield3.15%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/05/2020139.20 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost1.22%
Fund Rebate-

Morningstar Rating™


Morningstar® Sustainability Rating



Sustainability Rating as of 30/04/2020


Fund Benchmark

50% FTSE 350 High Yield TR GBP, 50% FTSE Act UK Cnvt Gilts All Stocks TR GBP

Morningstar® Benchmark

Morningstar UK Moderate

Growth Of 10,000 (GBP) 30/06/2020

How has this security performed
  • Fund: Margetts Providence Strategy Fund R GBP Acc
  • Category: GBP Moderate Allocation
  • Benchmark: Morningstar UK Moderate
Trailing Returns % (GBP) 09/07/2020
3 Years Annualised-0.991.794.82
5 Years Annualised2.003.827.36
10 Years Annualised4.525.277.51

Morningstar SRRI

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

Investment Objective

The objective of the Margetts Providence Strategy Fund is to provide a balance of long term capital growth and increasing income by investment in any economic sector in any geographic area in regulated collective investment schemes investing in a wide range of assets including equities, fixed interest and cash type instruments. Furthermore, the Manager will charge some or all of the annual management fee to the Fund’s capital account. This will increase the distributable income by that amount and reduce the capital by a similar amount. This may constrain capital growth.

Portfolio Profile31/05/2020

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
United Kingdom83.97
Asia - Developed4.39
Asia - Emerging4.33

Top Sectors

Stock Sector%
Financial Services20.84
Consumer Defensive12.13
Consumer Cyclical9.82
Fixed Income Sector%
Corporate Bond53.40
Cash & Equivalents17.10
Government Related6.66
Asset Backed4.67
Top Holdings
IncreaseDecreaseNew since last portfolio
L&G Short Dated £ Corporate Bd Idx C Acc Not Classified7.82
Aviva Investors UK Listed Eq Inc 2 £ Inc Not Classified7.42
Vanguard UK Short-Term IG Bd Idx GBP Acc Not Classified7.36
Threadneedle UK Eq Inc Ins Acc GBP Not Classified7.32
Royal London UK Equity Income Z GBP Inc Not Classified7.29
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) 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. See website for full details. 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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