The Fund
The Fund was launched in 2012. Storm started managing the Fund in August 2017 and was joined by James in February 2021. They have jointly developed the Global Innovation approach to the Global Equity investment process that is applied to the management of the Global Dividend Fund. The Fund has a formal objective of delivering a net target yield of at least the net yield of the MSCI World Index every year and the potential for long term (5 years or more) capital growth. The managers also seek to produce annual dividend growth and to maximise the total return of the Fund over the long term.
Awards and Ratings
Fund Manager of the Year Awards 2021
Best Global Income Fund
Citywire Manager Rating: +
FE fundinfo Crown Rating: 4
Morningstar Rating: 5
Meet the team
Storm Uru and James Dowey, who co-manage the Fund, moved to Liontrust as part of the acquisition of Neptune Investment Management in October 2019. Storm joined Neptune in 2014, and prior to this, he graduated with an MBS in International Business from Massey University in 2011 and an MBA in Finance at the University of Oxford in 2014. James has researched and taught the history of innovation at the London School of Economics. James has an MA in Economics from Edinburgh University, an MPhil in Economics from King’s College, Cambridge University, and a PhD from the London School of Economics.
Performance
Performance since fund launch date (%)
Discrete performance (%)
| As at previous quarter 12 months ending: | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 |
|---|---|---|---|---|---|
| Liontrust Global Dividend | 8.3 | 38.1 | 5.0 | 15.6 | -1.0 |
| MSCI World | 15.4 | 38.4 | -5.8 | 12.0 | 1.3 |
| IA Global Equity Income | 11.8 | 32.0 | -9.8 | 8.5 | -1.4 |
| Quartile Ranking | 4 | 2 | 1 | 1 | 3 |
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 Global Dividend | -6.8 | -6.3 | -11.5 | -12.2 | -2.7 | 34.4 | 66.7 | - | 139.0 |
| MSCI World | -7.3 | -2.8 | -10.5 | -10.4 | 3.6 | 34.7 | 59.0 | - | 204.1 |
| IA Global Equity Income | -3.0 | -1.0 | -3.0 | -4.9 | 5.7 | 25.3 | 38.6 | - | 129.4 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 1 | 1 | - | - |
Current positioning
Top 10 Holdings (%)
| ALPHABET INC | 3.59 |
|---|---|
| TENCENT HLDGS LTD | 3.47 |
| APPLE INC | 3.27 |
| STRYKER CORPORATION | 3.16 |
| DANAHER CORPORATION | 3.13 |
| SHERWIN-WILLIAMS CO | 3.12 |
| VISA INC | 3.12 |
| MORGAN STANLEY | 3.12 |
| INTUIT INC | 3.11 |
| ROPER TECHNOLOGIES INC | 3.08 |
Sector Breakdown (%)
| Information Technology | 27.71 | |
|---|---|---|
| Financials | 17.09 | |
| Consumer Discretionary | 12.97 | |
| Communications | 11.04 | |
| Health Care | 8.74 | |
| Industrials | 6.01 | |
| Materials | 5.95 | |
| Consumer Staples | 4.16 | |
| Real Estate | 2.37 | |
| Energy | 2.36 | |
| Utilities | 1.39 | |
| Money Market | 0.16 |
Geographic Breakdown (%)
| USA |
64.80
|
|---|---|
| China |
11.01
|
| UK |
8.06
|
| Canada |
4.62
|
| Sweden |
3.30
|
| New Zealand |
2.65
|
| Netherlands |
2.10
|
| Germany |
1.99
|
| France |
1.28
|
| Money Market |
0.16
|
How to invest in Liontrust funds
Key Risks
Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested. The issue of units/shares in Liontrust Funds may be subject to an initial charge, which will have an impact on the realisable value of the investment, particularly in the short term. Investments should always be considered as long term.
Investment in the Fund involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates.
Disclaimer
This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID), which provide full product details including investment charges and risks. These documents can be obtained, free of charge, from www.liontrust.co.uk or direct from Liontrust. Always research your own investments. If you are not a professional investor please consult a regulated financial adviser regarding the suitability of such an investment for you and your personal circumstances.
This 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. It contains information and analysis that 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 of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, forwarded, reproduced, divulged or otherwise distributed in any form whether by way of fax, email, oral or otherwise, in whole or in part without the express and prior written consent of Liontrust.