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SVS Cornelian Defensive Class D - Accumulation (GBP)

Sell:165.57p Buy:165.57p Change: 0.03p (0.02%)
Prices as at 16 July 2024
Change: 0.03p (0.02%)
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 16 July 2024
Change: 0.03p (0.02%)
Prices as at 16 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.
Also available as income units Help

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): 0.84%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.84%
There are other unit types of this fund available:
Class D - Income (GBP) (Net ongoing charge 0.84%)

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
Investment Management team
Fund launch date: 9 April 2010
Sector: Volatility Managed
Fund size: £42 million
Number of holdings: 69
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: NatWest Trustee and Depositary Services 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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16/07/19 to 16/07/20 16/07/20 to 16/07/21 16/07/21 to 16/07/22 16/07/22 to 16/07/23 16/07/23 to 16/07/24
Annual return 1.84% 7.07% -5.94% -1.89% 9.22%

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

The objective of the Fund is to achieve long term capital growth and income delivering average annual investment returns (total returns, net of fees) of at least RPI + 1.0% over a five to seven year investment cycle. The majority of the assets will be fixed income funds, government securities and cash and ‘near cash’ instruments. To enable the creation of a diversified portfolio the Fund may also invest in transferable securities and other collective investment schemes. There is no specific limit in exposure to any sector or geographic area. There may be occasions when it is deemed necessary to hold a high level of cash or short dated government bonds. Derivatives and forward transactions may be used for Efficient Portfolio Management. This Fund is managed within Cornelian risk level A on a risk scale of A to E (with A being the lowest risk and E being the highest risk). For details on which risk level is most suitable for investors please see Appendix VI. The Fund is one of a range of funds designed to achieve their RPI+ objectives whilst each being managed below an upper expected risk limit. This upper expected risk limit is expressed using the upper expected volatility of the Fund calculated by an independent third party and is based on the historical volatility of the asset classes held in the Fund. The upper expected volatility limit may change from time to time and the current upper expected volatility at any time is available at www.cornelianam.com/about-us/svs-cornelian-funds/. The Fund’s upper expected volatility is not the same as the Fund’s actual (or historic) share price volatility. Details of the 72 methodology employed to calculate the upper expected volatility can be found in Appendix VI of the Prospectus or from the Investment Adviser’s web-site.

Income Details

Historic yield : 2.56%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 15 October 2024 15 April 2025
Payment date: 15 December 20244 15 June 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 31 January 2024.

Security Weight
TwentyFour Vontobel Vontobel Fund - TwentyFour Absolute Return Credit Class AQG 8.41%
Legal & General Short Dated Sterling Corporate Bond Index Fund C 7.87%
TwentyFour Vontobel Vontobel Fund - TwentyFour Strategic Income Class AQG 6.38%
Royal London Short Term Fixed Income Enhanced Fund Class Y 5.98%
PIMCO GIS Global Investment Grade Credit Institutional Hedged 5.41%
iShares iShares IV plc £ Ultrashort Bond UCITS ETF GBP (Dist) 4.93%
Baillie Gifford Strategic Bond Class B 4.45%
UBS (Lux) Fund Solutions Bloomberg US Liquid Corporates UCITS ETF (hedged to GBP) A-dis - 4.29%
iShares iShares plc Core £ Corp Bond UCITS ETF GBP (Dist) 3.97%
InfraRed Capital Partners HICL Infrastructure Plc Ord 2.44%
Sector Weight
Bonds 55.34%
Equity Investment Instruments 9.51%
Non-Classified 6.47%
Cash and Equiv. 6.34%
Managed Funds 5.89%
Real Estate Investment Trusts 4.51%
Pharmaceuticals & Biotechnology 1.34%
Software & Computer Services 1.19%
Industrial Support Services 0.99%
Technology Hardware & Equipment 0.83%
Country Weight
United Kingdom 25.58%
Non-Classified 18.25%
United States 15.04%
Managed Funds 11.30%
Cash and Equiv. 6.34%
Direct Property and REITs 4.50%
France 3.02%
Netherlands 2.48%
Canada 1.61%
Germany 1.51%

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 16 July 2024. Data provided by Broadridge, correct as at 28 February 2023.

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.