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LF Liontrust Global Equity Fund

Fund launch date 30/06/2014
Fund size $48,644,361.97
Number of holdings 88
Managed by current team for 8 years
Currently viewing:

The Fund

Managed by Tom Record, Tom Morris and Hong Yi Chen, the LF Liontrust Global Equity Fund was launch in 2014 and aims to deliver a total return after costs and charges, combining income and capital growth, in excess of the benchmark over any five-year period.

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.
Key Information
Manager Inception Date of Fund
30/06/2014
Class Launch Date
30/06/2014
Comparator Benchmark 1
MSCI ACWI
Comparator Benchmark 2
IA Global
Price
Single Price
$1.764
Offer Price
-
Price Date
10/08/2022

Meet the team

Tom Record, Tom Morris 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. Prior to joining Majedie in 2014, Tom Record worked at Baillie Gifford for 12 years managing institutional portfolios. Tom Morris joined Majedie as a graduate in 2009 and is also responsible for co-managing the global long/short Tortoise Fund. Hong joined Majedie in 2010 as an Analyst on the graduate programme and also manages the GF US Equity Fund.

More about the team
Meet the tea

Our Investment Process

Each of the fund managers is responsible for an individual sub-portfolio, with the Fund reflecting the convictions of their different yet complementary bottom-up investment styles.
Ideas are generated from a wide range of sources, blending company-specific and economic analysis. 
The team embraces uncertainty, scouring markets for long-term opportunities where valuations and/or earnings are supressed by short-term issues and where long-run potential is underestimated. 
Deep fundamental research, which embeds ESG (environmental, social and governance) considerations, is at the heart of their process. 
The team has a collegiate culture that encourages active debate. 
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.

Performance

Performance since fund launch date

Discrete performance (%)

As at previous quarter 12 months ending: Jun 22 Jun 21 Jun 20 Jun 19 Jun 18
LF Liontrust Global Equity -22.5 45.8 6.5 6.4 14.3
MSCI ACWI -12.3 36.8 3.1 6.1 10.8

Cumulative performance (%)

As at previous day end 1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Since Inception
LF Liontrust Global Equity 4.1 6.0 -14.4 -18.1 -16.7 27.6 48.0 - 76.4
MSCI ACWI 6.1 4.7 -7.1 -10.6 -6.6 36.9 56.6 - 97.4

Source: FE fundinfo as at 10/08/2022. Performance figures are shown in USD. 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 CORP 4.00
AMAZON.COM, INC. 3.13
ALPHABET INC 2.74
FISERV INC 2.65
ELECTRONIC ARTS INC 2.62
KONINKLIJKE KPN NV 2.39
L3HARRIS TECHNOLOGIES INC 2.12
ZIMMER BIOMET HLDGS INC 1.88
NOVO NORDISK A/S 1.88
SOFTBANK GROUP CORP 1.85

Sector Breakdown (%)

Health Care 19.17
Information Technology 17.74
Consumer Discretionary 17.31
Communications 13.15
Industrials 10.79
Financials 8.12
Materials 6.33
Consumer Staples 3.76
Money Market 2.36
Energy 1.23

Geographic Breakdown (%)

USA
58.12
Japan
5.29
Korea
4.33
France
3.67
Denmark
3.23
China
3.21
UK
2.89
Netherlands
2.39
Money Market
2.36
Switzerland
1.96
Italy
1.87
Taiwan
1.77
South Africa
1.74
Chile
1.60
Peru
1.18
Canada
1.11
Panama
1.09
Hong Kong
0.94
Singapore
0.45
India
0.44
Spain
0.27

Source: Liontrust as at 29/07/2022.

Additional Information
Minimum initial investment
$100,000
Minimum additional investment
$5,000
Ex-dividend date
30 June, 31 December
Distribution date
31 August, 28 February
Sedol code
BN31TD6
ISIN code
GB00BN31TD61
Charges
Initial charge
-
Ongoing Charges Figure
0.65%
Included within the OCF is the Annual Management Charge
0.65%

How to invest in Liontrust funds

Through a fund platform
Through a financial adviser
Direct with Liontrust

For any new application or transfer enquiry, please email Link Group: investorservices@linkgroup.co.uk.

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.

Fund literature
LF Global Equity Fund
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