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Premier Miton Defensive Multi Asset Class B - Income (GBP)

Sell:388.00p Buy:388.00p Change: 0.90p (0.23%)
Prices as at 23 July 2024
Change: 0.90p (0.23%)
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 23 July 2024
Change: 0.90p (0.23%)
Prices as at 23 July 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: No  
Ongoing charge (OCF/TER): 0.86%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.86%
There are other unit types of this fund available:
Class B - Accumulation (GBP) (Net ongoing charge 0.86%)

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
Fund launch date: 26 December 1996
Sector: Mixed Investment 0-35% Shares
Fund size: £94 million
Number of holdings: 180
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Northern Trust Global Services SE
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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23/07/19 to 23/07/20 23/07/20 to 23/07/21 23/07/21 to 23/07/22 23/07/22 to 23/07/23 23/07/23 to 23/07/24
Annual return 5.00% 4.70% -5.72% 0.37% 7.78%

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.

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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

To provide capital growth over the long-term being five years or more. Five years is also the minimum recommended period for holding shares in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund manager will invest the fund’s assets in a global, diversified portfolio of investments across a range of asset classes including equities (company shares), fixed income (including bonds issued by governments and companies), property (including Real Estate Investment Trusts), commodities, cash and cash like investments. Exposure to equity and fixed income assets will be obtained through direct investment, but the investments in property and commodities will typically be indirect. There will be a broad spread of underlying assets, although fixed income will usually be the largest single asset class. The fund manager may also invest in shares of collective investment schemes covering global markets and will usually maintain a portfolio of at least 100 individual investments. The fund manager will assess the broad economic environment, focusing on areas such as economic growth, inflation expectations and the outlook for interest rates, to determine the attractiveness of the asset classes in which the fund can invest. The fund may invest in derivatives and forward transactions (these are contracts whose value is based on the change in price of an underlying investment), for the purposes of efficient portfolio management including hedging (hedging is designed to offset the risk of another investment falling in price).

Income Details

Historic yield : 2.73%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 July 2024 1 January 2025
Payment date: 31 August 20244 28 February 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. Information correct as at 30 June 2024.

Security Weight
US Treasury 2.875% 15/05/2032 8.01%
US Treasury 4.25% 31/12/2025 6.47%
3¾% Treasury Gilt 2038 4.58%
Invesco Markets Plc Invesco Physical Gold ETC - 3.74%
WisdomTree ETC WisdomTree Brent Crude Oil [LSE] 1.61%
WisdomTree ETC WisdomTree Agriculture [LSE] 1.56%
Nationwide Building Society 5.875% Perpetual 1.06%
Kellogg 3.40% 15/11/2027 1.04%
AstraZeneca 4.00% 17/01/2029 0.92%
Southern Co (The) 4.00% 15/01/2051 0.90%
Sector Weight
Bonds 63.35%
Commodities 7.39%
Software & Computer Services 3.59%
Banks 3.03%
Non-Renewable Energy 2.11%
Industrial Support Services 1.91%
Technology Hardware & Equipment 1.85%
Cash and Equiv. 1.76%
Automobiles & Parts 1.51%
Construction & Materials 1.51%
Country Weight
United States 42.87%
United Kingdom 21.49%
Commodities 7.39%
France 4.85%
Netherlands 4.15%
Japan 3.82%
Non-Classified 2.71%
Cash and Equiv. 1.76%
Australia 1.63%
South Korea 1.30%

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 23 July 2024. Data provided by Broadridge, correct as at 31 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

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.