The Fund
The Fund was launched in 2012 and is lead managed by Storm Uru since August 2017 and James Dowey since February 2021. They have been supported by Clare Pleydell-Bouverie and James O’Connor as fund managers since May 2023. The team manages the Fund using the Global Innovation investment process, investing the Fund in innovative global leading companies. The Fund has a formal objective of delivering a target net yield of at least the net yield of the MSCI World Index each year while delivering strong long-term (5 years or more) capital growth. The team also seeks to deliver strong dividend growth.
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
Fund Manager of the Year Awards 2021
Best Global Income Fund
FE fundinfo Crown Rating: 4
Morningstar Rating: 5
Meet the team
Storm Uru, James Dowey, Clare Pleydell-Bouverie and James O’Connor joined Liontrust as part of its acquisition of Neptune Investment Management in October 2019. James Dowey has 18 years of industry experience and holds degrees in economics from Edinburgh University and Cambridge University and a PhD from the London School of Economics, Storm Uru has 12 years’ industry experience and holds a degree in finance from Massey University and an MBA from Oxford University, Clare Pleydell-Bouverie has 7 years of industry experience and holds a degree in history from Oxford University and James O’Connor has 7 years of industry experience and holds a degree in psychology and economics from Harvard University and a degree in education research from Oxford university.
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 Global Dividend | 10.9 | -5.8 | 21.2 | 8.1 | 15.7 |
| IA Global Equity Income | 9.4 | -0.6 | 21.6 | -3.9 | 7.0 |
| Quartile Ranking | 2 | 4 | 2 | 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 Global Dividend | 4.3 | 3.0 | 5.8 | 12.5 | 12.4 | 20.3 | 76.6 | 138.0 | 182.2 |
| IA Global Equity Income | 2.8 | 2.1 | 2.8 | 6.0 | 6.6 | 24.2 | 46.3 | 116.2 | 152.5 |
| Quartile Ranking | 1 | 2 | 1 | 1 | 1 | 3 | 1 | 2 | - |
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 (%)
| MICROSOFT CORPORATION | 4.45 |
|---|---|
| VITEC SOFTWARE GROUP AB | 3.70 |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 3.43 |
| ORACLE CORPORATION | 3.14 |
| HONEYWELL INTERNATIONAL INC. | 3.04 |
| DANAHER CORPORATION | 2.99 |
| INTUIT INC. | 2.89 |
| VMH MOET HENNESSY LOUIS VUITTON | 2.88 |
| ROPER TECHNOLOGIES, INC. | 2.85 |
| ELI LILLY AND COMPANY | 2.78 |
Sector Breakdown (%)
| Information Technology | 38.25 | |
|---|---|---|
| Health Care | 14.74 | |
| Consumer Discretionary | 11.50 | |
| Industrials | 11.49 | |
| Financials | 10.63 | |
| Consumer Staples | 6.61 | |
| Energy | 2.60 | |
| Communications | 2.58 | |
| Materials | 1.36 | |
| Money Market | 0.19 |
Geographic Breakdown (%)
| USA |
60.23
|
|---|---|
| Sweden |
10.10
|
| France |
5.54
|
| Australia |
4.83
|
| UK |
3.48
|
| Taiwan |
3.43
|
| Switzerland |
2.61
|
| Canada |
2.60
|
| Denmark |
2.49
|
| Netherlands |
2.40
|
| New Zealand |
2.06
|
| Cash & Cash Equivalents |
0.19
|
For more information on the OCF, see our costs and charges page.
Fund Manager Insights
James Dowey
Storm Uru
Clare Pleydell-Bouverie
Storm Uru
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.
