The Fund
Managed by Chris Field, the LF Liontrust UK Equity Income Fund is a focused, high-conviction UK equity income fund which has the flexibility to invest up to 20% in overseas equities. The Fund aims to deliver an income yield and total return in excess of its benchmark.
Meet the team
Chris Field has 35 years’ experience managing funds and co-founded Majedie in 2002 with colleagued from the UK desk at Mercury Asset Management. Chris is also co-manager of the LF Liontrust UK Equity and LF Liontrust UK Focus strategies and is deputy manager of the Edinburgh Investment Trust.
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 |
|---|---|---|---|---|---|
| LF Liontrust UK Equity Income | 10.2 | 24.3 | -22.7 | 2.7 | 4.3 |
| FTSE All Share | 13.0 | 26.7 | -18.5 | 6.4 | 1.2 |
| IA UK Equity Income | 10.8 | 32.6 | -20.6 | 3.6 | 0.3 |
Cumulative performance (%)
| As at previous day end | 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 10 years | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| LF Liontrust UK Equity Income | -3.6 | -1.8 | -2.6 | -3.3 | 3.8 | 2.5 | 6.7 | 137.0 | 136.4 |
| FTSE All Share | -3.1 | -1.3 | 0.6 | -1.4 | 5.6 | 12.9 | 19.6 | 113.2 | 115.7 |
| IA UK Equity Income | -2.2 | -1.4 | 0.7 | -1.6 | 4.5 | 13.7 | 15.4 | 112.0 | 116.9 |
Current positioning
Top 10 Holdings (%)
| SHELL PLC | 9.24 |
|---|---|
| ESSENTRA PLC | 5.26 |
| SERCO GROUP PLC | 4.96 |
| CURRYS PLC | 4.66 |
| ASCENTIAL PLC | 4.64 |
| RS GROUP PLC | 4.39 |
| ASTRAZENECA PLC | 4.04 |
| WEIR GROUP PLC (THE) | 3.76 |
| NATIONAL EXPRESS GROUP | 3.55 |
| BAE SYSTEMS | 3.50 |
Sector Breakdown (%)
| Industrials | 33.08 | |
|---|---|---|
| Consumer Discretionary | 18.64 | |
| Financials | 14.84 | |
| Energy | 9.24 | |
| Technology | 6.48 | |
| Basic Materials | 4.95 | |
| Health Care | 4.04 | |
| Consumer Staples | 3.30 | |
| Utilities | 3.15 | |
| Cash Derivatives | 2.23 |
Geographic Breakdown (%)
| UK |
95.61
|
|---|---|
| Money Market |
2.23
|
| USA |
2.14
|
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.