Discovery Managed Growth B GBP Acc (FUND:B92MKL7) - Fund price - Overview

Fund Report

Discovery Managed Growth B GBP Acc

Key Stats
Morningstar® CategoryGBP Moderately Adventurous Allocation
Manager Name-
Inception Date24/12/2012
NAV 22/02/2019GBX 162.97
Day Change0.17%
12 Month Yield0.17%
ISINGB00B92MKL75
SEDOLB92MKL7
Dividend FrequencyAnnually
Net Assets (mil) 31/01/20192.81 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost2.10%
AMC0.70%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/12/2018

Benchmarks

Fund Benchmark

MSCI AC P Ex JPN IMI NR USD

Morningstar® Benchmark

Morningstar UK Moderately Adventurous

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

How has this security performed
201420152016201720182019
Fund4.075.6711.1315.05-7.321.44
Category5.402.3113.2310.00-6.373.48
Benchmark8.072.1621.249.28-3.17
  • Fund: Discovery Managed Growth B GBP Acc
  • Category: GBP Moderately Adventurous Allocation
  • Benchmark: Morningstar UK Moderately Adventurous
Trailing Returns % (GBP) 22/02/2019
FundCatBmark
YTD4.365.945.84
3 Years Annualised9.498.4610.57
5 Years Annualised6.365.888.18
10 Years Annualised8.658.9510.51

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 capital growth whilst being managed so as to remain, over a market cycle, within a defined volatility range agreed from time to time between the ACD and the Investment Manager. The fund may gain exposure globally to a range of assets such as company shares, bonds, deposits, cash, property, commodities and derivatives to provide diversification. It will typically invest in these assets by using other collective investment schemes managed across several management groups but may also invest into securities directly. The fund may also invest in money market investments, deposits, cash or near-cash investments and derivatives. Derivatives will be used only for the purpose of Efficient Portfolio Management.

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
Stocks59.370.0059.37
Bonds8.252.176.08
Cash22.226.9015.32
Other19.240.0119.23
Top Stock Regions
Region%
United States27.80
Eurozone15.73
Asia - Emerging13.83
United Kingdom11.31
Japan10.37

Top Sectors

Stock Sector%
Financial Services17.34
Technology16.57
Industrials16.24
Healthcare16.23
Consumer Defensive9.85
Fixed Income Sector%
Cash & Equivalents66.71
Corporate Bond32.30
Convertible6.22
Asset Backed1.77
Agency Mortgage Backed1.15
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Merian Global Equity Abs Ret R GBP H Acc Not Classified9.56
Fundsmith Equity I Inc Not Classified9.43
DecreaseHermes Asia ex-Japan Equity C USD Acc Not Classified9.05
Findlay Park American USD Not Classified7.55
FP CRUX European Special Sit I Inc GBP Not Classified6.59
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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