Volare Cautious A GBP Acc (FUND:BYQ4HK2) - Fund price


Fund Report

Volare Cautious Fund A GBP Acc

Asset Allocation % 31/08/2019

Asset Allocation
LongShortNetCat
Stocks38.041.7336.3036.39
Bonds45.017.0038.0020.87
Cash55.2434.5920.6430.84
Other5.060.015.0511.90

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Size
Share Class Size (mil)45.56 GBP
(06/12/2019)
Fund Size (mil)46.03 GBP
(06/12/2019)
Mkt Cap % 31/08/2019
FundCat
Giant38.1046.02
Large38.2727.20
Medium19.6120.63
Small3.504.97
Micro0.521.19
Valuations and Growth Rates 31/08/2019
FundCategory
Price / Earnings17.5515.92
Price/Book2.531.82
Price/Sales1.631.56
Price/Cash Flow9.808.20
Dividend-Yield Factor2.942.94
Long-Term Projected Earnings Growth9.168.92
Historical Earnings Growth8.995.59
Sales Growth0.314.03
Cash-Flow Growth3.207.12
Book-Value Growth4.835.49
World Regions % 31/08/2019
FundCategory
Greater Europe50.7639.33
United Kingdom39.5422.74
Eurozone7.7610.48
Europe - ex Euro2.734.73
Europe - Emerging0.180.65
Africa0.060.46
Middle East0.480.27
Americas39.8741.81
United States38.1638.52
Canada1.341.84
Latin America0.371.45
Greater Asia9.3718.86
Japan1.887.52
Australasia1.361.40
Asia - Developed2.233.76
Asia - Emerging3.906.18
Stock Sector Weightings % 31/08/2019
FundCategory
Cyclical35.4439.61
Basic Materials4.234.98
Consumer Cyclical13.6410.21
Financial Services16.9017.31
Real Estate0.677.11
Sensitive30.3135.93
Communication Services2.017.84
Energy3.714.76
Industrials9.2310.75
Technology15.3612.58
Defensive34.2624.46
Consumer Defensive20.4812.50
Healthcare12.099.26
Utilities1.682.70

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Maturity Distribution % 31/08/2019
FundCategory
1 to 3 Years22.9530.50
3 to 5 Years20.8910.30
5 to 7 Years8.2812.83
7 to 10 Years9.8719.89
10 to 15 Years10.055.98
15 to 20 Years4.422.92
20 to 30 Years8.167.30
Over 30 Years3.352.36
FundCategory
Effective Maturity (Y)6.80-
Effective Duration6.09-
Average Credit QualityBBBB
Credit Quality Breakdown % 31/08/2019
FundCategory
AAA40.0059.79
AA26.570.00
A1.250.00
BBB6.442.01
BB9.232.30
B9.032.58
Below B1.930.00
Not Rated5.5533.32
Fixed Income Sector Weightings % 31/08/2019
FundCategory
Government41.8731.01
Treasury17.7919.00
Inflation-Protected27.4013.77
Agency/Quasi Agency0.540.89
Government Related-3.32-1.77
Corporate20.7822.31
Corporate Bond19.8320.61
Bank Loan0.100.16
Convertible0.781.38
Preferred0.070.16
Securitized3.612.70
Agency Mortgage Backed2.191.11
Non-Agency Residential Mortgage Backed0.040.06
Commercial Mortgage Backed0.000.31
Asset Backed0.900.76
Covered Bond0.480.45
Municipal0.000.07
Cash & Equivalents34.4413.39
Derivative-0.7130.53

Top 10 Holdings31/08/2019

Assets in Top 10 Holdings %60.85
Total Number of Equity Holdings0
Total Number of Bond Holdings0
NameSectorCountry%
IncreaseDecreaseNew since last portfolio
Dimensional £ Infl Lnkd IntermDur F/I Not ClassifiedIreland7.65
Jupiter Strategic Bond I Acc Not ClassifiedUnited Kingdom6.90
PIMCO GIS Glb Lw Dur Rl Rt Ins GBP H Acc Not ClassifiedIreland6.82
Fundsmith Equity I Acc Not ClassifiedUnited Kingdom6.80
IncreaseAXA US Short Duration Hi Yld Z Gross Acc Not ClassifiedUnited Kingdom6.01
Vanguard US Govt Bd Idx GBPH Acc Not ClassifiedIreland5.76
Artemis US Absolute Return I Hdg Acc GBP Not ClassifiedUnited Kingdom5.59
LF Lindsell Train UK Equity Acc Not ClassifiedUnited Kingdom5.51
Trojan Fund X Accumulation Not ClassifiedUnited Kingdom5.12
Morgan Stanley US Advantage F Acc GBP Not ClassifiedUnited Kingdom4.68
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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