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Bid Price 257.940p as of 11/07/2024
Offer Price 258.300p as of 11/07/2024
Fund launch date 31/12/1998
Fund size £449,993,809.77
Number of holdings 63

The Fund

The Liontrust Balanced Fund is managed by Mark Hawtin and Kevin Kruczynski. The Fund aims to generate capital growth over the long term (5 years or more) with the potential for income through investing in global equities and bonds. 

You are able to redeem your investment from the Fund at any time and there is no exit fee for doing so.

Read latest fund update
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.
Key Information
Manager Inception Date of Fund
08/05/2024
Managed by Current Team for
2 months
Class Launch Date
03/10/2012
ISIN code
GB00B85K7211
Comparator Benchmark 1
IA Mixed Investment 40-85% Shares

Awards and Ratings

FEfundinfo Crown Rating FE fundinfo Crown Rating: 4
Morningstar Rating Morningstar Rating: 4
Rayner Spencer Mills RSMR Rated Fund

Meet the team

Mark Hawtin and Kevin Kruczynski joined Liontrust from GAM Investments in 2024. Mark has 40 years of investment experience, was Investment Director and Head of Global Equities at GAM, having previously been a partner and portfolio manager at Marshall Wace Asset Management. Kevin managed Global and US equity portfolios at GAM before moving to Liontrust. Previously, he was at THS Partners, Cazenove Capital and Merrill Lynch Investment Managers.

Meet the tea
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.

Performance

Performance since fund launch date

Discrete performance (%)

As at previous quarter 12 months ending: Jun 24 Jun 23 Jun 22 Jun 21 Jun 20
Liontrust Balanced 17.0 8.1 -11.8 16.3 15.5
IA Mixed Investment 40-85% Shares 11.8 3.3 -7.2 17.3 -0.1
Quartile Ranking 1 1 4 3 1

Cumulative performance (%)

As at previous day end 1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Since Inception
Liontrust Balanced 1.9 3.6 11.2 10.5 19.5 10.7 46.4 125.3 1116.5
IA Mixed Investment 40-85% Shares 1.6 2.6 7.6 6.6 13.9 7.5 24.5 74.8 240.3
Quartile Ranking 2 2 1 1 1 2 1 1 -

Source: FE fundinfo as at 11/07/2024. Performance figures are shown in GBX. Total return performance figures are calculated net of costs and charges, on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Where applicable the quartile rank is for the primary share class within the sector. If your investment is made in a currency other than that used in the past performance calculation the return may increase or decrease as a result of currency fluctuations.

Current positioning

Top 10 Holdings (%)

ALPHABET INC
4.79
NVIDIA CORP
4.16
MICROSOFT CORPORATION
4.14
MERCADOLIBRE, INC.
2.88
META PLATFORMS, INC.
2.69
HIS MAJESTY`S TREASURY 0.125% IDX LKD TSY GILT 22/03/46 GBP1
2.33
HIS MAJESTY`S TREASURY 0.625% IDX LKD GILT 22/11/42 GBP0.01
2.18
NOVO NORDISK A/S
2.15
SEAGATE TECHNOLOGY HLDGS PLC
2.14
AMAZON.COM, INC.
2.09

Sector Breakdown (%)

Information Technology
26.01
Government Bonds
13.41
Health Care
11.76
Consumer Discretionary
10.80
Communications
8.96
Financials
8.39
Money Market
7.97
Industrials
6.60
Materials
3.35
Consumer Staples
1.49
Others
1.21

Geographic Breakdown (%)

USA
57.15
UK
20.39
Cash & Cash Equivalents
7.97
Denmark
3.60
France
2.66
China
2.51
Taiwan
2.06
Japan
2.00
Peru
1.02
Chile
0.58
Additional Information
Minimum initial investment
£250,000
Minimum additional investment
£0
Ex-dividend date
1 January, 1 July
Distribution date
28 February, 31 August
Sedol code
B85K721
Charges
Initial charge
-
Ongoing Charges Figure
0.85%
Included within the OCF is the Annual Management Charge
0.75%

For more information on the OCF, see our costs and charges page.

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How to invest in Liontrust funds

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Key Risks 
Past performance does not predict future returns. You may get back less than you originally invested. The Fund may encounter liquidity constraints from time to time. The spread between the price you buy and sell shares will reflect the less liquid nature of the underlying holdings. The Fund will invest in smaller companies and may invest a small proportion (less than 10%) of the Fund in unlisted securities. There may be liquidity constraints in these securities from time to time, i.e. in certain circumstances, the fund may not be able to sell a position for full value or at all in the short term. This may affect performance and could cause the fund to defer or suspend redemptions of its shares. Outside of normal conditions, the Fund may hold higher levels of cash which may be deposited with several credit counterparties (e.g.international banks). A credit risk arises should one or more of these counterparties be unable to return the deposited cash. Counterparty Risk: any derivative contract, including FX hedging, may be at risk if the counterparty fails. ESG Risk: In reference to any component (where applicable) of a fund's investment process that uses external ESG data, there may be limitations to the availability, completeness or accuracy of ESG information from third-party providers, or inconsistencies in the consideration of ESG factors across different third party data providers, given the evolving nature of ESG.
 
Disclaimer
This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID) and/or PRIIP/KID, which provide full product details including investment charges and risks.It should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. This information and analysis is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content, no representation or warranty is given, whether express or implied, by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified.
Fund literature
Balanced Fund
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