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

Fund Report

Cavendish UK Balanced Income Fund B

Key Stats
Morningstar® CategoryGBP Moderately Adventurous Allocation
Manager NameJulian Lewis
Inception Date17/05/2010
NAV 15/02/2019GBX 132.70
Day Change-0.23%
12 Month Yield5.40%
ISINGB00B52JT570
SEDOLB52JT57
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/201945.43 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 Cost0.58%
AMC0.50%
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/12/2018

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

Morningstar UK Moderately Adventurous

Growth Of 10,000 (GBP) 31/01/2019

How has this security performed
201420152016201720182019
Fund4.284.5911.5510.39-13.924.05
Category5.402.3113.2310.00-6.373.48
Benchmark8.072.1621.249.28-3.17
  • Fund: Cavendish UK Balanced Income Fund B
  • Category: GBP Moderately Adventurous Allocation
  • Benchmark: Morningstar UK Moderately Adventurous
Trailing Returns % (GBP) 15/02/2019
FundCatBmark
YTD5.405.866.04
3 Years Annualised6.119.5912.39
5 Years Annualised3.856.108.49
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 Profile31/01/2019

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
Stocks61.040.0061.04
Bonds35.560.0035.56
Cash0.720.000.72
Other2.680.002.68
Top Stock Regions
Region%
United Kingdom88.16
Asia - Developed9.01
Asia - Emerging2.53
Europe - Emerging0.30
United States0.00

Top Sectors

Stock Sector%
Financial Services29.91
Consumer Cyclical19.48
Energy12.31
Real Estate10.48
Communication Services6.20
Fixed Income Sector%
Corporate Bond77.11
Government13.53
Convertible5.52
Government Related1.96
Cash & Equivalents1.88
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Rio Tinto PLC Basic Materials3.07
Imperial Brands PLC Consumer Defensive3.00
Marston's PLC Consumer Cyclical2.99
BP PLC Energy2.87
Direct Line Insurance Group PLC Financial Services2.76
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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