The Fund
The Liontrust Balanced Fund is managed by Tom Hosking and Hong Yi Chen. 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.
Awards and Ratings
Meet the team
Tom Hosking and Hong Yi Chen joined Liontrust in April 2022 as part of the acquisition of Majedie Asset Management and are members of the Global Fundamental team. Tom joined Majedie as an analyst on the graduate programme in 2014. Hong joined Majedie as an analyst on the graduate programme in 2010.

Performance
Performance since fund launch date
Discrete performance (%)
As at previous quarter 12 months ending: | Sep 23 | Sep 22 | Sep 21 | Sep 20 | Sep 19 |
---|---|---|---|---|---|
Liontrust Balanced | 7.2 | -13.9 | 13.7 | 16.4 | 6.3 |
IA Mixed Investment 40-85% Shares | 5.1 | -10.2 | 16.6 | -0.2 | 4.2 |
Quartile Ranking | 2 | 4 | 4 | 1 | 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 | 1.8 | 1.7 | 4.2 | 16.3 | 13.6 | 5.4 | 40.4 | 98.0 | 963.7 |
IA Mixed Investment 40-85% Shares | 2.7 | 1.8 | 1.6 | 4.7 | 4.0 | 5.3 | 24.4 | 62.9 | 209.2 |
Quartile Ranking | 4 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | - |
Source: FE fundinfo as at 08/12/2023. 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 (%)
MERCADOLIBRE INC | 4.04 |
---|---|
ALPHABET INC | 3.98 |
NOVO NORDISK A/S | 3.28 |
MICROSOFT CORPORATION | 2.86 |
NOVARTIS AG | 2.83 |
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 2.63 |
NASPERS LTD-N SHS | 2.63 |
HIS MAJESTY`S TREASURY 0.125% IDX LKD TSY GILT 22/03/46 GBP1 | 2.47 |
SAMSUNG ELECTRONICS CO., LTD GDR EACH REPR 1/2 KRW5000(REG S/144A) | 2.44 |
HIS MAJESTY`S TREASURY 0.625% IDX LKD GILT 22/11/42 GBP0.01 | 2.29 |
Sector Breakdown (%)
Consumer Discretionary | 18.63 | |
---|---|---|
Health Care | 15.98 | |
Government Bonds | 14.15 | |
Information Technology | 13.65 | |
Communications | 9.74 | |
Industrials | 8.66 | |
Consumer Staples | 7.27 | |
Financials | 6.49 | |
Materials | 2.10 | |
Money Market | 1.94 | |
Others | 1.34 |
Geographic Breakdown (%)
USA |
51.41
|
---|---|
UK |
17.13
|
Switzerland |
4.68
|
Denmark |
3.28
|
China |
2.92
|
France |
2.88
|
Italy |
2.69
|
Taiwan |
2.63
|
South Africa |
2.63
|
Korea |
2.44
|
Japan |
2.07
|
Cash & Cash Equivalents |
1.94
|
Panama |
1.25
|
Peru |
1.17
|
Chile |
0.82
|
For more information on the OCF, see our costs and charges page.
Fund Manager Insights

