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


Fund Report

Smith & Williamson Defensive Growth Fund B

Key Stats
Morningstar® CategoryGBP Moderate Allocation
Manager NameJames Burns
Inception Date25/05/2012
NAV 25/03/2019GBP 1.38
Day Change-0.25%
12 Month Yield0.60%
ISINIE00B7SMSG88
SEDOLB7SMSG8
Dividend FrequencySemi-Annually
Net Assets (mil) 31/01/201942.31 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
Ongoing Cost0.78%
AMC0.70%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

Morningstar UK Moderate

Growth Of 10,000 (GBP) 28/02/2019

How has this security performed
201420152016201720182019
Fund3.131.617.876.76-0.464.05
Category5.591.5610.587.45-5.484.09
Benchmark8.951.8618.926.76-2.58
  • Fund: Smith & Williamson Defensive Growth Fund B
  • Category: GBP Moderate Allocation
  • Benchmark: Morningstar UK Moderate
Trailing Returns % (GBP) 25/03/2019
FundCatBmark
YTD4.574.984.97
3 Years Annualised6.355.397.99
5 Years Annualised4.554.657.44
10 Years Annualised7.277.458.65

Morningstar SRRI

Lower Risk
Higher Risk
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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 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
Stocks0.640.040.60
Bonds36.000.0135.99
Cash7.514.113.40
Other61.201.1960.01
Top Stock Regions
Region%
United States48.83
Eurozone18.69
Latin America14.69
United Kingdom10.44
Europe - ex Euro2.38

Top Sectors

Stock Sector%
Healthcare29.61
Real Estate25.27
Financial Services25.03
Technology11.61
Communication Services2.30
Fixed Income Sector%
Corporate Bond65.78
Convertible15.03
Preferred7.66
Cash & Equivalents6.83
Government4.80
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Credit Suisse AG London Branch 0% 2025-10-17Not Classified4.09
Morgan Stanley BV 0% 2024-07-10Not Classified3.79
J.P. Morgan Structured Products B.V. 0% 2023-09-18Not Classified3.57
IncreaseUBS AG Jersey Branch 0% 2024-04-23Not Classified3.51
IncreaseCanadian Imperial Bank of Commerce 0% 2026-01-05Not Classified3.38
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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