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PRODUCTS

Macro Equity Income Fund

Investment Objective

To provide unitholders with a rising level of income, together with capital growth. In providing an above average level of income, particular attention will be paid to capital security and maintenance. There is no restriction on the economic sectors or geographical areas in which the Fund may invest, however, the investments will be predominantly in ordinary shares of UK companies.

Investment Philosophy and Portfolio Structure

Combination of “top-down” and “bottom-up” analysis, with volatility contained by diversification and tight limits on stock-specific exposure. Portfolio structure shaped by global political, economic and social issues. Stock selection criteria include business model, management, financial strength and relative valuation. The Fund will, from time to time, seek to capture short-term trading opportunities as well as longer-term investment value. 

The Funds are valued daily at 12 noon on a forward basis; purchases and sales of units are effected at the next valuation point following receipt of instructions. The prices shown below are as at the most recent valuation point and are therefore not a precise indication of what you may receive if you were to undertake a transaction now. The offer price is the price at which you would have bought units and the bid price is the price at which you would have sold them.

* Please refer to the Liontrust Global Funds plc Prospectus for details of valuation points for the Dublin OEICs. The price shown is the NAV per share.  

Fund NameDate of PriceCancellation PriceCreation PriceBid PriceOffer PriceYield (%)Bid/Offer spread %
Asia Income GBP (R) 1 17-Feb122.20122.99122.20129.144.82 5.37
Asia Income GBP (I) 1 17-Feb133.00133.86133.00133.864.72 0.64
Asia Income GBP (A) 1 17-Feb126.16126.98126.16129.524.72 2.59
European Enhanced Income Fund GBP (R) Inc 17-Feb110.79111.03110.79116.584.60 4.97
European Enhanced Income Fund GBP (R) Acc 17-Feb155.87156.21155.87164.023.78 4.97
European Enhanced Income Fund GBP (I) Inc 17-Feb116.34116.59116.34116.594.97 0.21
European Enhanced Income Fund GBP(I) Inc Unhedged 17-Feb107.77108.00107.77108.000.00 0.21
European Enhanced Income Fund GBP(I) Acc unhedged 17-Feb108.04108.27108.04108.270.00 0.21
European Enhanced Income Fund GBP (I) Acc 17-Feb165.19165.55165.19165.553.89 0.22
European Growth Fund GBP (R) 17-Feb193.10193.69193.10203.380.64 5.05
European Growth Fund GBP (I) 17-Feb195.42196.02195.42196.021.19 0.31
European Growth Fund GBP (A) 17-Feb195.73196.33195.73200.260.95 2.26
European Income Fund GBP (R) Inc 17-Feb117.86118.09117.86124.005.05 4.95
European Income Fund GBP (R) Acc 17-Feb202.36202.77202.36212.913.97 4.96
European Income Fund GBP (I) Inc 17-Feb127.29127.54127.29127.545.47 0.2
European Income Fund GBP (I) Acc 17-Feb217.65218.09217.65218.093.87 0.2
FTSE 100 Tracker GBP 17-Feb214.86216.12214.86216.123.05 0.58
GF Asia Income Fund EUR A1 (R)* 17-Febn/an/a9.859.85n/a 0
GF Asia Income Fund EUR A2 (R)* 17-Febn/an/a9.009.00n/a 0
GF Asia Income Fund USD B4 (R)* 17-Febn/an/a9.589.58n/a 0
GF Asia Income Fund GBP C3 (I)* 17-Febn/an/a10.8710.87n/a 0
GF Asia Income Fund GBP C6 (I)* 17-Febn/an/a10.7810.78n/a 0
GF European Smaller Companies Fund EUR A4 (R)* 16-Febn/an/a10.1510.15n/a 0
GF European Smaller Companies Fund EUR A5 (I)* 16-Febn/an/a10.1510.15n/a 0
GF European Smaller Companies Fund EUR X (I)* 16-Febn/an/a10.1510.15n/a 0
GF European Smaller Companies Fund EUR A3 (I)* 16-Febn/an/a10.1510.15n/a 0
GF European Strategic Eqty Fund EUR A (R) Acc *1 16-Febn/an/a10.2110.21n/a 0
GF European Strategic Eqty Fund USD B (R) Acc *1 16-Febn/an/a10.3810.38n/a 0
GF European Strategic Eqty Fund GBP C4 (R) Acc *1 16-Febn/an/a12.3412.34n/a 0
GF European Strategic Eqty Fund EUR A4 (R) Acc *1 16-Febn/an/a12.2912.29n/a 0
GF European Strategic Eqty Fund GBP C3 (I) Acc *1 16-Febn/an/a12.6512.65n/a 0
GF Global Strategic Equity Fund USD B1 (R)* 17-Febn/an/a9.419.41n/a 0
GF Global Strategic Equity Fund EUR A4 (R) * 17-Febn/an/a7.967.96n/a 0
GF Global Strategic Equity Fund GBP C4 (R) * 17-Febn/an/a7.917.91n/a 0
GF Global Strategic Equity Fund GBP C2 (I)* 17-Febn/an/a8.088.08n/a 0
GF Global Strategic Equity Fund EUR A2 (I) * 17-Febn/an/a8.058.05n/a 0
GF Global Strategic Equity Fund USD B2 (I) * 17-Febn/an/a8.188.18n/a 0
GF Global Strategic Equity Fund EUR A5 (R) * 17-Febn/an/a8.038.03n/a 0
GF Global Strategic Equity Fund USD B5 (I) * 17-Febn/an/a8.058.05n/a 0
GF Global Water and Agri Fund EUR A4 (R) * 17-Febn/an/a11.5811.58n/a 0
GF Global Water and Agri Fund EUR A5 (I)* 17-Febn/an/a10.2810.28n/a 0
GF Global Water and Agri Fund USD B5 (I) * 17-Febn/an/a11.8411.84n/a 0
GF Global Water and Agri Fund GBP C5 (I) * 17-Febn/an/a11.7611.76n/a 0
GF Macro Equity Income Fund EUR A4 (R)* 17-Febn/an/a10.4510.45n/a 0
GF Macro Equity Income Fund GBP C4 (R)* 17-Febn/an/a11.3111.31n/a 0
GF Macro Equity Income Fund GBP C3 (I)* 17-Febn/an/a10.0010.00n/a 0
GF Macro Equity Income Fund GBP C5 (I)* 17-Febn/an/a11.4211.42n/a 0
GF Macro Equity Income Fund GBP C7 (I)* 17-Febn/an/a11.6711.67n/a 0
GF Special Situations Fund GBP C1 (R)* 16-Febn/an/a15.6215.62n/a 0
GF Special Situations Fund EUR A1 (R) * 16-Febn/an/a14.5814.58n/a 0
GF Special Situations Fund EUR A2 (R) * 16-Febn/an/a15.4215.42n/a 0
GF Special Situations Fund GBP C6 (I)* 16-Febn/an/a13.6013.60n/a 0
GF Special Situations Fund GBP C7 (I)* 16-Febn/an/a13.9113.91n/a 0
GF Special Situations Fund GBP C3 (I)* 16-Febn/an/a16.3116.31n/a 0
GF UK Growth Fund GBP C1 (R)* 17-Febn/an/a12.6912.69n/a 0
GF UK Growth Fund GBP C6 (I)* 17-Febn/an/a12.1812.18n/a 0
GF UK Growth Fund GBP C3 (I)* 17-Febn/an/a12.9212.92n/a 0
Global Income Fund GBP (R) 1 17-Feb157.22157.94157.22165.844.93 5.2
Global Income Fund GBP (I) 1 17-Feb165.39166.15165.39166.154.92 0.46
Global Income Fund GBP(A)1 17-Feb164.94165.69164.94169.004.92 2.4
Macro Equity Income Fund GBP (R) Inc 17-Feb194.42196.04194.42205.844.48 5.55
Macro Equity Income Fund GBP (R) Acc 17-Feb331.29334.05331.29350.754.26 5.55
Macro Equity Income Fund GBP (I) Inc 17-Feb202.62204.31202.62204.314.38 0.83
Macro Equity Income Fund GBP (I) Acc 17-Feb342.29345.14342.29345.144.26 0.83
Macro Equity Income Fund GBP (A) Inc 17-Feb201.45203.13201.45207.194.38 2.77
Macro Equity Income Fund GBP (A) Acc 17-Feb338.28341.09338.28347.924.26 2.77
Macro UK Growth Fund GBP (R) Inc 17-Feb191.05192.83191.05202.483.22 5.65
Macro UK Growth Fund GBP (R) Acc 17-Feb304.68307.53304.68322.913.17 5.65
Macro UK Growth Fund GBP (I) Inc 17-Feb199.06200.92199.06200.923.22 0.93
Macro UK Growth Fund GBP (I) Acc 17-Feb314.80317.74314.80317.743.17 0.93
Macro UK Growth Fund GBP (A) Inc 17-Feb197.88199.72197.88203.723.22 2.87
Macro UK Growth Fund GBP (A) Acc 17-Feb311.22314.13311.22320.413.17 2.87
Special Situations Fund GBP (R) 17-Feb358.11362.27358.11380.390.86 5.86
Special Situations Fund GBP (I) 17-Feb363.05367.27363.05367.271.72 1.15
Special Situations Fund GBP (A) 17-Feb361.11365.31361.11372.621.55 3.09
UK Growth Fund GBP (R)
17-Feb390.33393.73390.33413.411.67 5.58
UK Growth Fund GBP (I) 17-Feb394.48397.93394.48397.932.36 0.87
UK Growth Fund GBP (A) 17-Feb396.18399.64396.18407.642.16 2.81
UK Micro Cap Fund GBP (I) Acc 17-Feb117.79122.04117.79122.040.00 3.48
UK Smaller Companies Fund GBP (R) Inc 17-Feb1,107.821,146.421,107.821,203.740.00 7.97
UK Smaller Companies Fund GBP (I) Inc 17-Feb1,110.381,149.081,110.381,149.080.25 3.37
UK Smaller Companies Fund GBP (I) Acc 17-Feb1,116.681,155.601,116.681,155.600.25 3.37

Notes:

 

The Fund Size is calculated on a bid basis.

 

The Historic Yield reflects distributions declared over the past 12 months as a percentage of the mid-market unit price.  It does not include any preliminary charge and investors may be subject to tax on their distributions.

 

R = Price for Retail units

I = Price for Institutional units
A = Price for Advised units

 

1A portion of the Fund's expenses are charged to capital.  This has the effect of increasing the distribution for the year and constraining the fund's capital performance. 

  

 

Benchmark & Index

FTSE All Share Index

IMA Sector / Peer Group IMA UK Equity Income Sector
Manager Stephen Bailey & Jamie Clark
Launch Date 31/10/2003
Managed by current Manager since Launch
Sedol Code  Inc: 3372687   Acc: 3372698
ISIN Number Inc: GB0033726877   Acc: GB0033726984
Bloomberg Code Inc: CFWCEII LN   Acc: CFWCEIA LN
Interim Report Date 31 January
Annual Report Date 31 July
Ex-Dividend Date 1 November, 1 February, 1 May, 1 August
Distribution Date 31 December, 31 March, 30 June, 30 September (final)

Minimum Investment (Initial) GBP: 1000
Minimum Investment (Additional) n/a 
Initial Charge 5% (R)
Annual Management Fee 1.5% (R)
Fund Type Unit Trust (UCITS)