Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

MI Discretionary Unit Fund Inclusive - Accumulation (GBP)

Sell:9,158.59p Buy:9,704.87p Change: 2.00p (0.02%)
Prices as at 21 October 2019
Sell:9,158.59p
Buy:9,704.87p
Change: 2.00p (0.02%)
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 21 October 2019
Sell:9,158.59p
Buy:9,704.87p
Change: 2.00p (0.02%)
Prices as at 21 October 2019
You can buy or sell holdings in this fund through anStocks 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: 3.00%
Initial saving from HL: 2.00%
HL dealing charge: Free
Net initial charge: 1.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.13%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.13%
There are other unit types of this fund available:
Inclusive - Income (GBP) (Net ongoing charge 1.13%)

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:
Fund launch date: 1 August 1963
Launch price: £0.10
Sector: UK Smaller Companies
Fund size: £47 million
Number of holdings: 33
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 10:00
Trustee: n/a
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Ready to invest?

To buy shares in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account.
Try our handy filter to find which one suits you best.

Compare accounts

Performance

21/10/14 to 21/10/15 21/10/15 to 21/10/16 21/10/16 to 21/10/17 21/10/17 to 21/10/18 21/10/18 to 21/10/19
Annual return 22.65% 14.57% 33.64% 4.23% -2.76%

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

To provide maximum appreciation with above average yield for a growth fund through concentration in UK smaller and medium sized companies.

Income Details

Historic yield : 1.28%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 31 October 2019 30 April 2020
Payment date: 21 December 20194 21 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. Information correct as at 30 September 2005.

Sector Weight
Non-Classified 11.47%
Cash and Equiv. 10.36%
Household Goods & Home Construction 10.26%
Industrial Support Services 6.67%
Investment Banking & Brokerage Services 6.28%
Industrial Engineering 6.23%
Travel & Leisure 5.51%
General Industrials 5.25%
Industrial Transportation 4.93%
Technology Hardware & Equipment 4.68%
Country Weight
United Kingdom 86.83%
Cash and Equiv. 10.36%
Australia 2.12%
Non-Classified 0.69%

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 21 October 2019. Data provided by Funds Library, correct as at 31 July 2019.

FundsLibrary
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.