Morningstar Fund Report  | 23/04/2025Print

Santander Enhanced Income Portfolio II

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Santander Enhanced Income Portfolio II
Fund17.4-11.310.16.31.1
+/-Cat-0.4-7.83.3-1.80.2
+/-B’mrk--2.4-3.5-4.1
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
22/04/2025		 GBX 203.80
Day Change 0.84%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00B3RJG579
Fund Size (Mil)
31/03/2025		 GBP 49.35
Share Class Size (Mil)
31/03/2025		 GBP 47.50
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.57%
Investment Objective: Santander Enhanced Income Portfolio II
The Fund’s objective is to provide an income, with some potential for capital growth, over a 5+ year time horizon. The Fund has a target annual income of 5% per annum, although this is not guaranteed. The Fund is actively managed and aims to achieve its objectives by investing at least 80% in a wide range of shares in companies listed, at the time of purchase, in the UK.
Returns
Trailing Returns (GBP)22/04/2025
YTD1.19
3 Years Annualised2.90
5 Years Annualised8.76
10 Years Annualised4.91
12 Month Yield 5.30
Dividend Paying Frequency Monthly
Management
Manager Name
Start Date
James Ind
30/09/2024
Inception Date
01/04/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Santander Enhanced Income Portfolio II31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.202.4192.78
Bond0.000.000.00
Property0.000.000.00
Cash4.070.093.98
Other3.420.183.24
Top 5 Regions%
United Kingdom90.85
Europe - ex Euro6.01
Eurozone2.83
United States0.30
Canada0.00
Top 5 Sectors%
Financial Services17.85
Consumer Cyclical13.88
Industrials11.47
Healthcare10.82
Consumer Defensive10.42
Top 5 HoldingsSector%
HSBC Holdings PLCFinancial ServicesFinancial Services7.57
Unilever PLCConsumer DefensiveConsumer Defensive5.80
Rio Tinto PLC Ordinary SharesBasic MaterialsBasic Materials4.54
Games Workshop Group PLCConsumer CyclicalConsumer Cyclical4.16
AstraZeneca PLCHealthcareHealthcare4.03
Increase Decrease New since last portfolio
Santander Enhanced Income Portfolio II
Growth Of 1000 (GBP) 31/03/2025
Fund:  Santander Enhanced Income Portfolio II
Category:  UK Equity Income
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.1226.43-3.2517.37-11.2610.056.291.09
+/- Category-0.567.499.31-0.44-7.823.29-1.790.22
+/- Category Index-----2.43-3.53-4.07
% Rank in Category571044685196564
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.84   0.170.22
1 Week2.62   1.671.63
1 Month-1.15   1.721.97
3 Months-0.34   2.841.00
6 Months0.39   2.36-1.28
YTD1.19   2.13-1.42
1 Year5.93   1.50-1.99
3 Years Annualised2.90   -0.96-3.66
5 Years Annualised8.76   -0.96-2.31
10 Years Annualised4.91   0.70-0.49
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.09---
20241.045.400.69-0.88
20231.321.061.256.15
2022-2.76-11.91-8.5913.33
20214.796.022.563.00
2020-24.1113.020.2012.57
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAbove Average2 star
5-YearBelow AverageAverage2 star
10-YearAverageAverage3 star
OverallAverageAverage3 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.97 %
3-Yr Mean Return3.56 %
 
3-Yr Sharpe Ratio-0.04
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK Small Cap TME NR GBP
3-Yr Beta1.110.75
3-Yr Alpha-4.862.64
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 11725-
Market Capitalisation% of Equity
Giant34.18
Large14.97
Medium28.39
Small17.98
Micro4.48
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.441.10
Price/Book2.211.38
Price/Sales1.571.74
Price/Cash Flow8.781.22
Dividend-Yield Factor4.731.04
 
Long-Term Projected Earnings Growth6.140.65
Historical Earnings Growth2.79-0.41
Sales Growth6.151.07
Cash-Flow Growth5.2211.31
Book-Value Growth6.063.93
 
Category: UK Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.202.4192.78
Bond0.000.000.00
Property0.000.000.00
Cash4.070.093.98
Other3.420.183.24
World Regions31/03/2025
 % of EquityRelative to Category
United States0.300.12
Canada0.000.00
Latin America0.000.00
United Kingdom90.850.99
Eurozone2.830.85
Europe - ex Euro6.015.10
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Equity Income
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.130.86
Consumer CyclicalConsumer Cyclical13.881.44
Financial ServicesFinancial Services17.850.71
Real EstateReal Estate4.511.25
Consumer DefensiveConsumer Defensive10.420.79
HealthcareHealthcare10.821.25
UtilitiesUtilities6.061.23
Communication ServicesCommunication Services6.331.05
EnergyEnergy7.511.00
IndustrialsIndustrials11.470.88
TechnologyTechnology6.032.68
 
Category: UK Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings74
Total Number of Bond Holdings0
Assets in Top 10 Holdings42.81
NameSectorCountry% of Assets
HSBC Holdings PLC103United Kingdom7.57
Unilever PLC205United Kingdom5.80
Rio Tinto PLC Ordinary Shares101United Kingdom4.54
Games Workshop Group PLC102United Kingdom4.16
AstraZeneca PLC206United Kingdom4.03
Shell PLC309United Kingdom3.80
Softcat PLC311United Kingdom3.69
3i Group OrdUnited Kingdom3.21
RELX PLC310United Kingdom3.04
Legal & General Group PLC103United Kingdom2.95
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of CompanySantander Asset Management UK Limited
Phone-
Websitewww.santanderam.co.uk
Address287 St Vincent Street
 Glasgow   G2 5NB
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSNo
Inception Date01/04/2009
Fund Advisor(s)
Santander Asset Management UK Limited
Fund ManagerJames Ind
Manager Start Date30/09/2024
Career Start Year1994
Education
Cass Business School, M.B.A.
Durham University, B.A./B.S.
 
Biography
James Ind is an Investment Director in Barings' Multi Asset Group. He is a member of the Strategic Policy Group and the Equity Research Sub Group, forming a part of the company’s global macro research and allocation team. James joined Barings in 2015 from GLG Partners where he was an equity specialist and portfolio manager on the Macro & Relative Value team, supporting their Total Return, Macro and Emerging Markets funds.  He also chaired GLG’s cross divisional Asset Allocation Investment Committee.  Prior to that, he spent five years at Russell Investments as Managing Director in the multi asset team.  During this time he was responsible for over $5 billion across ten asset allocation portfolios.  From 1999 to 2008, James managed global equity and multi asset portfolios at Merrill Lynch Investment Managers.  James studied at Durham University and Cass Business School, where he received an MBA with Finance.  He received his CFA designation in 2002.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.50%
Ongoing Charge0.57%
Purchase Details
Minimum Investments
Initial500  GBP
Additional2  GBP
Savings-
Tax Free Savings Schemes
ISAsYes