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MFM Techinvest Technology Inclusive - Class A - Accumulation (GBP)

Sell:564.73p Buy:564.73p Change: 7.92p (1.42%)
Prices as at 10 July 2019
Sell:564.73p
Buy:564.73p
Change: 7.92p (1.42%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 10 July 2019
Sell:564.73p
Buy:564.73p
Change: 7.92p (1.42%)
Prices as at 10 July 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.71%
Ongoing saving from HL: 0.75% i
Net ongoing charge: 0.96%
There are other unit types of this fund available:
Class P - Accumulation (GBP) (Net ongoing charge 0.96%)

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: Inclusive
Manager:
Connor McCarthy
Fund launch date: 19 May 2003
Launch price: £1.00
Sector: Technology & Telecoms
Fund size: £40 million
Number of holdings: 46
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Weekly
Valuation point: 12:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

15/07/14 to 15/07/15 15/07/15 to 15/07/16 15/07/16 to 15/07/17 15/07/17 to 15/07/18 15/07/18 to 15/07/19
Annual return 12.74% 1.26% 27.47% 10.03% 5.40%

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 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

The MFM Techinvest Technology Fund aims to provide capital growth through a globally invested portfolio of equities and bonds. Emphasis will be placed on technology-based businesses worldwide. It is envisaged that up to 75% of the total fund value will normally be in securities quoted on the London Stock Exchange, with the balance invested elsewhere, primarily North America.

Income Details

Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 31 October 2019 30 April 2020
Payment date: 31 December 20194 30 June 20204

This data is provided by Funds Library. 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.

Security Weight
AVIAT NETWORKS INC 5.24%
MITEK SYSTEMS INC 5.20%
SAPIENS INTERNATIONAL CORP NV 4.26%
INVITAE CORP 3.87%
RADWARE 3.59%
NOKIA CORP 3.17%
RAPID7 INC 2.99%
ALLOT LTD 2.90%
CERAGON NETWORKS 2.87%
PAYPAL HLDGS INC 2.74%
Sector Weight
Software & Computer Services 36.59%
Telecommunications Equipment 28.74%
Technology Hardware & Equipment 13.54%
Pharmaceuticals,Biotechnology & Marijuana Producers 6.30%
Industrial Support Services 4.46%
Leisure Goods 2.66%
Electronic & Electrical Equipment 2.54%
Retailers 2.13%
Consumer Services 1.60%
Health Care Providers 1.41%
Country Weight
United States 65.22%
Israel 11.76%
Canada 11.00%
United Kingdom 8.81%
Finland 3.17%
Cash and Equiv. 0.03%

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 10 July 2019. Data provided by Funds Library, correct as at 1 July 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.