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Algebris Investments Financial Equity Class I - Accumulation (GBP)

Sell:22,283.00p Buy:22,283.00p Change: 36.00p (0.16%)
Prices as at 3 December 2024
Sell:22,283.00p
Buy:22,283.00p
Change: 36.00p (0.16%)
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 3 December 2024
Sell:22,283.00p
Buy:22,283.00p
Change: 36.00p (0.16%)
Prices as at 3 December 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%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.95%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.95%

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:
Mark Conrad
Fund launch date: 7 January 2011
Sector: Global
Fund size: n/a
Number of holdings: n/a
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 22:30
Trustee: BNP Paribas Dublin Branch
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please see our Sustainability Labels page for more information.

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Performance

04/12/19 to 04/12/20 04/12/20 to 04/12/21 04/12/21 to 04/12/22 04/12/22 to 04/12/23 04/12/23 to 04/12/24
Annual return -3.47% 22.42% 14.87% 18.14% 38.18%

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

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Fund’s investment objective is to achieve capital appreciation in the medium to long-term, primarily by taking long positions in equity securities and financial derivative instruments (“FDIs”) on equity securities of companies in or related to the global financial services sector and to a lesser extent, the real estate sector. The Fund will seek to achieve a total return which exceeds the total return of the Benchmark, the MSCI ACWI Financials Index. The Fund’s assets will be invested primarily in equity and equity related securities and FDIs in the global financial services sector. At times the Fund may also invest in debt securities, which may include private and public debt securities (e.g. corporate or government bonds which may be fixed or variable rate, investment grade or below investment grade as rated by Moody’s, Standard & Poor’s, Fitch or other rating agencies, or unrated) and commercial paper. The securities in which the Fund invests may include, without limitation, ordinary shares, common stock, equity-related securities including preference shares, convertible securities (e.g. convertible bonds or convertible preferred stock) and contingent convertible instruments, exchange traded notes, real estate investment trusts, global depositary receipts, American depositary receipts, warrants and rights. The Fund may also invest in exchange traded funds, which provide exposure to the particular asset classes in which the Investment Manager wishes to invest, and in ancillary liquid assets, which may include bank deposits, certificates of deposit, government securities, floating rate notes, money market funds and freely transferable promissory notes.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date:
Payment date:

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. There is currently no yield information available for this fund.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

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 3 December 2024. Data provided by Broadridge as at date not available.

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 an ISA or a 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.