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MGTS IDAD Future Wealth Class A - Accumulation (GBP)

Sell:93.46p Buy:93.46p Change: 0.98p (1.06%)
Prices as at 12 November 2024
Sell:93.46p
Buy:93.46p
Change: 0.98p (1.06%)
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 12 November 2024
Sell:93.46p
Buy:93.46p
Change: 0.98p (1.06%)
Prices as at 12 November 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): 1.00%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.00%

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:
Fund launch date: 23 August 2021
Sector: Flexible Investment
Fund size: £4 million
Number of holdings: 21
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The Bank of New York Mellon (International) Limited
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

12/11/19 to 12/11/20 12/11/20 to 12/11/21 12/11/21 to 12/11/22 12/11/22 to 12/11/23 12/11/23 to 12/11/24
Annual return n/a n/a -29.02% -7.34% 34.86%

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 objective of the MGTS IDAD Future Wealth Sub-fund is to provide Capital Growth over any 7 year period.

Income Details

Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 January 2025 1 July 2025
Payment date: 28 February 20254 31 August 20254

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.

Security Weight
CROWDSTRIKE HLDGS INC 6.88%
Xtrackers Artificial Intelligence and Big Data UCITS ETF 6.44%
First Trust Cloud Computing UCITS ETF Class A 5.94%
VanEck Video Gaming and eSports UCITS ETF - 5.48%
First Trust Nasdaq Cybersecurity UCITS ETF Class A 5.37%
Amundi ETF STOXX GLOBAL ARTIFICIAL INTELLIGENCE - UCITS ETF (C) 5.19%
MERCADOLIBRE 5.17%
First Trust NYSE Arca Biotechnology Index Class A 4.76%
ASML HOLDING N.V. 4.61%
KraneShares CSI China Internet ETF - 4.46%
Sector Weight
Managed Funds 48.56%
Software & Computer Services 8.11%
Pharmaceuticals & Biotechnology 7.55%
Non-Classified 6.44%
Technology Hardware & Equipment 6.01%
Consumer Services 5.17%
Commodities 4.33%
Automobiles & Parts 3.56%
Cash and Equiv. 3.11%
Leisure Goods 2.76%
Country Weight
Managed Funds 48.56%
United States 23.54%
Non-Classified 6.44%
Japan 5.20%
Netherlands 4.78%
Ireland 4.51%
Cash and Equiv. 3.11%
South Korea 0.52%
Hong Kong 0.45%
France 0.41%

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 12 November 2024. Data provided by Broadridge, correct as at 31 December 2023.

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.