Cavendish North American Fund B (FUND:B60SMG5) - Overview

Fund Report

Cavendish North American Fund B

Key Stats
Morningstar® CategoryUS Flex-Cap Equity
Manager Name-
Inception Date15/05/2009
NAV 02/12/2016GBX 236.30
Day Change-0.25%
12 Month Yield0.48%
ISINGB00B60SMG56
SEDOLB60SMG5
Dividend FrequencyAnnually
Net Assets (mil) 31/10/2016110.04 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 Charge0.81%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

S&P 500 TR GBP

Morningstar® Benchmark

Russell 3000 TR USD

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

How has this security performed
20122013201420152016
Fund4.2223.7217.753.4422.86
Category7.3131.6513.541.4826.22
Benchmark11.3031.0719.566.3030.45
  • Fund: Cavendish North American Fund B
  • Category: US Flex-Cap Equity
  • Benchmark: Russell 3000 TR USD
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD21.2723.2728.29
3 Years Annualised14.3614.0418.38
5 Years Annualised14.0015.5219.29
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 North American Fund is to achieve long-term capital growth. The Fund will invest mainly in a diversified portfolio of North American equities, consisting predominantly of companies listed in the United States of America. The Fund is likely to have a strong bias towards the shares of medium and larger-sized companies, although it will not be restricted in its choice of company, either by industry, by market capitalisation or by size. If considered appropriate the Fund may also invest in the other North American markets as specified in the Prospectus and in companies that have significant business interest in the US but a non US listing. It may also invest in other assets including government and public securities, other debt instruments, 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
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Apple Inc Technology3.07
Facebook Inc A Technology2.27
Amazon.com Inc Consumer Cyclical2.17
Visa Inc Class A Financial Services2.10
JPMorgan Chase & Co Financial Services1.93
Asset Allocation %
LongShortNet
Stocks96.090.0096.09
Bonds0.000.000.00
Cash3.910.003.91
Other0.000.000.00
Top Stock Regions
Region%
United States99.00
Canada1.00
Japan0.00
Australasia0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Technology19.52
Consumer Cyclical16.85
Financial Services16.58
Healthcare13.76
Industrials12.95
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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