Cavendish Technology Fund B (FUND:B60SMQ5) - Overview

Fund Report

Cavendish Technology Fund B

Key Stats
Morningstar® CategorySector Equity Technology
Manager Name-
Inception Date15/05/2009
NAV 05/12/2016GBX 358.80
Day Change-0.77%
12 Month Yield0.03%
ISINGB00B60SMQ54
SEDOLB60SMQ5
Dividend FrequencyAnnually
Net Assets (mil) 31/10/201642.80 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 Charge0.87%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

FTSE AW/Technology (TR)

Morningstar® Benchmark

MSCI World/Information Technology NR USD

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

How has this security performed
20122013201420152016
Fund5.0224.5114.1213.9726.77
Category7.9424.9914.448.5726.57
Benchmark8.3326.3323.2810.8329.66
  • Fund: Cavendish Technology Fund B
  • Category: Sector Equity Technology
  • Benchmark: MSCI World/Information Technology NR USD
Trailing Returns % (GBP) 05/12/2016
FundCatBmark
YTD20.6821.5826.33
3 Years Annualised18.0716.5421.15
5 Years Annualised15.3815.1518.30
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 Technology Fund is to achieve long-term capital growth. The Fund will invest mainly in equities of technology companies globally without any geographical restriction. In practice the fund will be mainly invested in North American equities although investments could be made in the UK, Europe, and the Far East or elsewhere if considered appropriate. The Fund portfolio will not be restricted in the choice of company, either by market capitalisation or size. If considered appropriate it may invest in other market sectors and 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
Microsoft Corp Technology9.19
IncreaseApple Inc Technology8.73
Facebook Inc A Technology5.49
Alphabet Inc A Technology4.41
Alphabet Inc C Technology4.35
Asset Allocation %
LongShortNet
Stocks95.230.0095.23
Bonds0.000.000.00
Cash4.390.014.38
Other0.390.000.39
Top Stock Regions
Region%
United States79.36
United Kingdom8.88
Asia - Emerging5.99
Asia - Developed3.87
Japan1.22
Top Stock Sectors
Stock Sector%
Technology90.26
Consumer Cyclical4.67
Industrials1.61
Real Estate1.47
Communication Services1.00
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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