The Fund
Managed by Tom Record, Tom Morris and Hong Yi Chen, the LF Liontrust Global Focus Fund is a concentrated global equities portfolio that was launched in 2014 and aims to deliver a total return after costs and charges, combining income and capital growth, in excess of its benchmark over any five-year period.
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.
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 Focus | -18.0 | 41.3 | 1.3 | 6.3 | 13.1 |
| 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 Focus | 3.4 | 4.7 | -13.7 | -14.1 | -12.2 | 23.0 | 40.1 | - | 64.4 |
| MSCI ACWI | 4.6 | 3.1 | -8.4 | -11.9 | -7.9 | 34.9 | 54.3 | - | 97.4 |
Current positioning
Top 10 Holdings (%)
| FISERV INC | 5.44 |
|---|---|
| MICROSOFT CORP | 4.50 |
| ELECTRONIC ARTS INC | 4.49 |
| KONINKLIJKE KPN NV | 4.42 |
| SOFTBANK GROUP CORP | 3.22 |
| HASBRO INC | 3.20 |
| ELEVANCE HEALTH INC | 3.17 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. | 3.07 |
| NASPERS | 2.90 |
| NOVARTIS AG | 2.78 |
Sector Breakdown (%)
| Consumer Discretionary | 18.46 | |
|---|---|---|
| Communications | 16.65 | |
| Information Technology | 16.48 | |
| Health Care | 14.77 | |
| Industrials | 8.22 | |
| Financials | 7.97 | |
| Materials | 6.98 | |
| Consumer Staples | 5.22 | |
| Money Market | 3.53 | |
| Energy | 1.66 |
Geographic Breakdown (%)
| USA |
56.89
|
|---|---|
| Netherlands |
4.42
|
| Japan |
4.08
|
| Switzerland |
3.62
|
| Korea |
3.61
|
| Italy |
3.60
|
| Money Market |
3.53
|
| Taiwan |
3.07
|
| South Africa |
2.90
|
| UK |
2.82
|
| Denmark |
2.49
|
| China |
2.22
|
| France |
2.03
|
| Chile |
2.01
|
| Peru |
1.52
|
| Panama |
1.11
|
George Boyd-Bowman
James de Uphaugh
How to invest in Liontrust funds
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. The Fund holds a concentrated portfolio of stocks, if the price of one of these stocks should move significantly, this may have a notable effect on the value of the portfolio.
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.