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VT Garraway Absolute Equity Class R - Accumulation (GBP)

Sell:80.84p Buy:80.84p Change: 0.41p (0.51%)
Prices as at 18 April 2019
Change: 0.41p (0.51%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 18 April 2019
Change: 0.41p (0.51%)
Prices as at 18 April 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.
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: Yes   View risks
Ongoing charge (OCF/TER): 1.11%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.11%
There are other unit types of this fund available:
Inclusive - Class A - Accumulation (GBP) (Net ongoing charge 1.36%)
Class I - Accumulation (GBP) (Net ongoing charge 0.95%)
Inclusive - Class A - Income (GBP) (Net ongoing charge 1.36%)
Class I - Income (GBP) (Net ongoing charge 0.95%)

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: 10 March 2008
Sector: Targeted Absolute Return
Fund size: £179 million
Number of holdings: 242
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: BNY Mellon Trust & Depositary (UK) Ltd
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: No
Minimum regular savings value: n/a

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Deal shares from just £11.95 per trade online, and as low as £5.95 per trade for active traders.

More about the Fund and Share Account


18/04/14 to 18/04/15 18/04/15 to 18/04/16 18/04/16 to 18/04/17 18/04/17 to 18/04/18 18/04/18 to 18/04/19
Annual return n/a 23.20% 3.74% 4.66% -40.74%

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 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 Absolute Equity Fund is a fundamental equity long/short strategy which aims to achieve a positive absolute return for investors over rolling 36 month periods, primarily through investment in UK and global equities. The Fund is managed against a cash benchmark, reflecting the aim to deliver a positive return in all stock market conditions over rolling 36 month periods. There is no actual guarantee that these returns will be achieved over the specified, or any, time period, and capital is not guaranteed. In seeking to achieve absolute returns, the Fund may from time to time behave independently to equity markets and can even fall in value when equity markets rise. The manager seeks to generate positive returns from each position but, at times when this does not occur, the Fund may suffer negative returns. This behavior is partly reflected in the Fund's Key Investor Information Document Synthetic Risk and Reward Indicator score of 5.

Income Details

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

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.

Sector Weight
Cash and Equiv. 38.85%
Non-Classified 5.86%
Oil Equipment, Services & Distribution 5.53%
Financial Services 5.22%
Mining 5.06%
Pharmaceuticals & Biotechnology 4.09%
Travel & Leisure 3.99%
Industrial Engineering 3.66%
Software & Computer Services 3.53%
Support Services 3.52%
Country Weight
Cash and Equiv. 38.85%
United Kingdom 32.81%
United States 8.39%
France 7.27%
Italy 3.25%
Germany 2.94%
Canada 1.90%
Australia 1.50%
Norway 1.36%
Direct Property and REITs 1.23%

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 18 April 2019. Data provided by Funds Library, correct as at 31 January 2019.

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.

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'.