Smith & Williamson Defensive Growth B (FUND:B7SMSG8) - Overview

Fund Report

Smith & Williamson Defensive Growth Fund B

Key Stats
Morningstar® CategoryGBP Cautious Allocation
Manager NameJames Burns
Inception Date25/05/2012
NAV 01/12/2016GBP 1.25
Day Change-0.11%
12 Month Yield0.54%
ISINIE00B7SMSG88
SEDOLB7SMSG8
Dividend FrequencySemi-Annually
Net Assets (mil) 30/11/201617.57 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.78%
AMC0.70%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

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

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

How has this security performed
20122013201420152016
Fund8.065.943.131.536.57
Category7.965.545.720.686.50
Benchmark7.543.2013.271.5612.68
  • Fund: Smith & Williamson Defensive Growth Fund B
  • Category: GBP Cautious Allocation
  • Benchmark: Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR
Trailing Returns % (GBP) 01/12/2016
FundCatBmark
YTD6.456.0712.42
3 Years Annualised3.594.378.80
5 Years Annualised4.915.667.88
10 Years Annualised3.624.196.69

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Fund is to achieve long-term steady capital growth by adopting a policy to normally invest at least 50% of the assets in zero dividend preference shares (zeros), and synthetic zeros. The Fund may also invest in other transferable securities, money market instruments, deposits, collective investment schemes and warrants.

Portfolio Profile30/11/2016

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
Stocks21.090.0121.09
Bonds19.040.2318.81
Cash6.172.203.98
Other57.671.5556.13
Top Stock Regions
Region%
United Kingdom41.02
Australasia21.18
Latin America20.30
Europe - ex Euro6.70
United States6.00

Top Sectors

Stock Sector%
Financial Services30.95
Industrials14.91
Basic Materials14.07
Utilities8.43
Technology7.62
Fixed Income Sector%
Cash & Equivalents31.68
Government23.84
Preferred23.57
Corporate Bond18.18
Bank Loan3.40
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Credit Suisse Ag 2020-06-09Not Classified6.15
NextEnergy Solar Ord Not Classified4.75
UIL ZDP 2018 Not Classified4.64
Vinaland ZDP 2016 Not Classified4.61
Taliesin Property ZDP 2018 Not Classified4.26
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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