Marlborough Special Situations Accumulation Units 
Overview
| Fund manager's initial charge | 5.00% |
|---|---|
| HL initial saving | 5.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | No |
| Total Expense Ratio | 1.54% |
| HL annual saving | 0.15% 2 |
| Platform fee | Free |
| Launch date | 12-07-1995 |
| Launch price | £0.50 |
| Sector | UK Smaller Companies |
| Fund size | £410.00 million |
| Number of holdings | 259 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
While the outlook for economic growth is uncertain, many companies are generally well financed, which is encouraging takeover activity. This has been positive for companies such as Melrose and Charter, both of which are held in the portfolio. Meanwhile, Giles Hargreave has reduced exposure to the industrial sector, and added to the fund's small position in gold mining shares, which he currently believes are attractively valued.
About the Fund Manager
Giles Hargreave
Located in: London
After starting his career in 1969 as an analyst with James Capel, Giles joined Management Agency and Music as a private fund manager in 1974 before founding Hargreave Investment Management in 1986. Giles then merged Hargreave Investment Management with Hargreave Hale & Co, a provincial stockbroking firm controlled by other members of his family, in 1988 and took over as Chief Executive. As Investment Manager, Giles chairs the investment committee's weekly meetings in which the team reviews existing and potential investments.
Income details
| Historic yield | 0.23% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 01-02-2012.
Distribution dates
| Ex-dividend date | 20 December 2011 |
|---|---|
| Payment date 4 | 20 February 2012 |
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Top 10 holdings
| RPC Group | 2.00% |
|---|---|
| Elementis | 1.62% |
| Ocean Wilsons | 1.41% |
| Melrose | 1.30% |
| Anite | 1.19% |
| Anglo Pacific Group | 1.15% |
| Hargreaves Services | 1.13% |
| City Of London Investment Group | 1.10% |
| Advanced Computer Software Group | 1.09% |
| RPS Group | 1.07% |
Top 10 sectors
| Software & Computer Services | 14.02% |
|---|---|
| Support Services | 11.95% |
| Electronic & Electrical Equipment | 8.76% |
| Financial Services | 7.23% |
| Oil & Gas Producers | 6.52% |
| Industrial Engineering | 4.97% |
| Mining | 4.41% |
| Chemicals | 4.16% |
| Cash and Equiv. | 3.70% |
| Industrial Transportation | 2.78% |
Top 10 countries
| United Kingdom | 83.27% |
|---|---|
| Cash and Equiv. | 3.70% |
| Non-Classified | 3.10% |
| Canada | 2.06% |
| Ireland | 1.64% |
| New Zealand | 0.99% |
| United States | 0.99% |
| Direct Property and REITs | 0.87% |
| Australia | 0.75% |
| South Africa | 0.68% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 08-02-2012. Data as at 01/02/2012.
