Cavendish UK Balanced Income B (FUND:B52JT57) - Overview

Fund Report

Cavendish UK Balanced Income Fund B

Key Stats
Morningstar® CategoryGBP Aggressive Allocation
Manager NameJulian Lewis
Inception Date17/05/2010
NAV 24/10/2016GBX 145.60
Day Change0.07%
12 Month Yield4.81%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/201645.78 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 Charge0.60%
Fund Rebate0.05%

Morningstar Rating™

4 Stars


Fund Benchmark


Morningstar® Benchmark

Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Cavendish UK Balanced Income Fund B
  • Category: GBP Aggressive Allocation
  • Benchmark: Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR
Trailing Returns % (GBP) 24/10/2016
3 Years Annualised6.887.4012.79
5 Years Annualised12.259.6713.42
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The objective of the Fund is to provide income and growth. The Fund will be a diversified portfolio invested predominantly in UK equities typically from the FTSE 350 and in a range of fixed interest stocks such as government and public securities, debentures and corporate bonds. The Fund will not be restricted in the choice of fixed interest stocks in terms of duration or rating. If considered appropriate the Fund may also invest in other markets as specified in the Prospectus and in other assets including other transferable securities, cash and near cash, deposits and money market instruments. Derivative instruments may be used to manage exposure to risk, reduce cost, or for the generation of income.

Portfolio Profile30/09/2016

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 Kingdom85.85
Asia - Developed6.10
Asia - Emerging3.49
United States2.46
Europe - ex Euro1.26

Top Sectors

Stock Sector%
Consumer Cyclical32.73
Financial Services22.29
Real Estate8.21
Fixed Income Sector%
Corporate Bond83.56
Cash & Equivalents10.49
Commercial Mortgage Backed5.95
Top Holdings
IncreaseDecreaseNew since last portfolio
Galliford Try PLC Consumer Cyclical3.20
Rio Tinto PLC Basic Materials2.44
HSBC Holdings PLC Financial Services2.44
Taylor Wimpey PLC Consumer Cyclical2.22
Kier Group PLC Industrials2.19
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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