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Schroder Tellworth UK Dynamic Absolute Return Class P2 - Accumulation (GBP)

Sell:216.30p Buy:216.30p Change: 0.20p (0.09%)
Prices as at 28 March 2024
Sell:216.30p
Buy:216.30p
Change: 0.20p (0.09%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 28 March 2024
Sell:216.30p
Buy:216.30p
Change: 0.20p (0.09%)
Prices as at 28 March 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: Yes   View risks
Ongoing charge (OCF/TER): 0.91%
Ongoing saving from HL: 0.40% i
Net ongoing charge: 0.51%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 7 September 2009
Sector: Targeted Absolute Return
Fund size: £306 million
Number of holdings: 43
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Weekly
Valuation point: 12:00
Trustee: J.P. Morgan Trustee and Depositary Company Limited
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

27/03/19 to 27/03/20 27/03/20 to 27/03/21 27/03/21 to 27/03/22 27/03/22 to 27/03/23 27/03/23 to 27/03/24
Annual return -3.67% 18.78% 0.39% 0.92% 3.94%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

HL Research

This is a relatively aggressive 'absolute return' fund run by an experienced and knowledgeable UK smaller companies specialist we regard highly. It focuses primarily on medium-sized and smaller companies. While its returns are likely to be less volatile than the UK stockmarket more generally, investors need to be prepared to...

Fund Objective

The fund aims to provide capital growth. Absolute return means the fund seeks to provide a positive return over 3 year periods in all market conditions, but this cannot be guaranteed and your capital is at risk. At least 80% of the fund will be exposed, long or short, to UK companies, with a bias towards small and medium-sized firms. The fund has no bias to any particular industry. We use a bottom-up stock picking approach with the aim of generating fund returns that are independent of movements in the market as a whole. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. The fund may use leverage and take short positions.

Income Details

Historic yield : 1.24%
Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 1 October 2024
Payment date: 30 November 20244

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 November 2023.

Security Weight
GLAXOSMITHKLINE 6.13%
TESCO 5.97%
ANGLO AMERICAN 5.09%
STANDARD CHARTERED 4.04%
AVIVA 3.93%
WPP 3.90%
SMITHS GROUP 3.50%
IMPERIAL BRANDS 3.48%
PEARSON 3.38%
SANOFI 3.22%
Sector Weight
Industrial Metals & Mining 9.68%
Pharmaceuticals & Biotechnology 9.35%
Banks 9.34%
Media 8.99%
Personal Care, Drug & Grocery Stores 8.76%
Aerospace & Defence 7.90%
Life Insurance 6.94%
Telecommunications Service Providers 5.00%
Non-Renewable Energy 4.57%
Investment Banking & Brokerage Services 3.65%
Country Weight
United Kingdom 91.24%
France 3.22%
Australia 2.38%
Germany 2.28%
Cash and Equiv. 0.88%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 28 March 2024. Data provided by Broadridge, correct as at 30 August 2020.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & 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.