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 08/12/2016GBX 143.00
Day Change0.35%
12 Month Yield4.85%
ISINGB00B52JT570
SEDOLB52JT57
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/201645.88 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%
AMC0.50%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

High

High


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

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

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

How has this security performed
20122013201420152016
Fund22.0320.954.284.598.17
Category10.5414.855.142.2910.44
Benchmark10.4615.7211.993.5020.96
  • 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) 08/12/2016
FundCatBmark
YTD9.7111.0822.66
3 Years Annualised7.086.9912.86
5 Years Annualised11.928.8112.62
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
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 Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks67.940.0067.94
Bonds22.940.0022.94
Cash5.840.005.84
Other3.280.003.28
Top Stock Regions
Region%
United Kingdom84.77
Asia - Developed6.38
Asia - Emerging3.84
United States2.65
Europe - ex Euro1.46

Top Sectors

Stock Sector%
Consumer Cyclical31.68
Financial Services23.06
Industrials10.61
Real Estate8.21
Energy7.37
Fixed Income Sector%
Corporate Bond71.51
Cash & Equivalents22.84
Commercial Mortgage Backed5.65
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Galliford Try PLC Consumer Cyclical3.02
Rio Tinto PLC Basic Materials2.67
HSBC Holdings PLC Financial Services2.64
Kier Group PLC Industrials2.26
Petrobras Glob Fin 6.25% 2026-12-14Not Classified2.10
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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