Morningstar Fund Report  | 17/04/2025Print

Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc
Fund21.62.76.06.2-2.2
+/-Cat-4.5-1.30.4-7.30.4
+/-B’mrk-5.2-1.3-1.1-12.4-0.2
 
Category: US Large-Cap Value Equity
Category Benchmark: Morningstar US LM Brd Value...
Key Stats
NAV
15/04/2025		 USD 341.94
Day Change -0.46%
Morningstar Category™ US Large-Cap Value Equity
ISIN IE00B3LHWB51
Fund Size (Mil)
15/04/2025		 USD 348.35
Share Class Size (Mil)
15/04/2025		 USD 7.29
Max Initial Charge 3.00%
Ongoing Charge
28/03/2024		  1.20%
Morningstar Research
Analyst Report24/02/2025
Adam Sabban, Senior Analyst
Morningstar, Inc

Because of its skilled team and flexible process, Heptagon Yacktman US Equity earns a Morningstar Analyst Rating of Silver or Bronze, depending on share-class fees. This strategy is emerging from an unusually pedestrian performance in a down...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process25
Performance
Price
Investment Objective: Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc
The investment objective of the Fund is to achieve long-term capital growth.
Returns
Trailing Returns (GBP)15/04/2025
YTD-8.60
3 Years Annualised1.51
5 Years Annualised10.48
10 Years Annualised9.25
12 Month Yield 0.00
Management
Manager Name
Start Date
Jason Subotky
14/12/2010
Russell Wilkins
01/05/2016
Click here to see others
Inception Date
14/12/2010

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Russell 1000 Value NR USDMorningstar US LM Brd Value NR USD
Portfolio Profile for  Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock89.260.0089.26
Bond0.000.000.00
Property0.000.000.00
Cash10.740.0010.74
Other0.000.000.00
Top 5 Regions%
United States76.40
Eurozone9.89
Asia - Developed8.49
Canada5.22
Latin America0.00
Top 5 Sectors%
Communication Services22.78
Consumer Defensive17.20
Technology15.62
Energy13.84
Industrials10.87
Top 5 HoldingsSector%
Bollore SECommunication ServicesCommunication Services8.83
Samsung Electncs CoTechnologyTechnology6.38
Canadian Natural Resources LtdEnergyEnergy4.66
U-Haul Holding Co Ordinary Share... IndustrialsIndustrials4.18
Fox Corp Class BCommunication ServicesCommunication Services4.13
Increase Decrease New since last portfolio
Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Heptagon Fund ICAV - Yacktman US Equity Fund C USD Acc
Category:  US Large-Cap Value Equity
Category Index:  Morningstar US LM Brd Value NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return9.1313.2214.6321.632.725.976.15-2.24
+/- Category12.77-5.8414.02-4.49-1.300.38-7.350.43
+/- Category Index11.67-9.0615.45-5.18-1.33-1.12-12.36-0.16
% Rank in Category19248968469545
Trailing Returns (GBP)15/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.46   -0.260.32
1 Week2.15   1.56-0.96
1 Month-5.29   1.761.21
3 Months-11.30   2.221.50
6 Months-7.28   2.100.26
YTD-8.60   1.371.11
1 Year-9.02   -4.74-9.10
3 Years Annualised1.51   -1.29-3.81
5 Years Annualised10.48   -1.29-2.28
10 Years Annualised9.25   0.75-0.84
 
Category: US Large-Cap Value Equity
Category Index: Morningstar US LM Brd Value NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.24---
20248.07-3.13-2.343.83
2023-1.640.022.365.24
20221.66-4.603.452.38
20218.583.353.364.85
2020-13.2915.131.3513.29
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageBelow Average2 star
5-YearBelow AverageLow3 star
10-YearAverageLow4 star
OverallAverageLow3 star
 
Category :  US Large-Cap Value EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.42 %
3-Yr Mean Return4.12 %
 
3-Yr Sharpe Ratio0.00
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US LM Brd Value NR USD  Morningstar US LM Brd Value NR USD
3-Yr Beta0.890.89
3-Yr Alpha-4.31-4.31
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 68898-
Market Capitalisation% of Equity
Giant28.92
Large31.93
Medium32.34
Small5.90
Micro0.91
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings16.331.07
Price/Book1.490.61
Price/Sales1.430.97
Price/Cash Flow8.070.77
Dividend-Yield Factor2.191.00
 
Long-Term Projected Earnings Growth8.140.78
Historical Earnings Growth-1.89-0.60
Sales Growth0.470.07
Cash-Flow Growth2.330.98
Book-Value Growth11.201.72
 
Category: US Large-Cap Value Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock89.260.0089.26
Bond0.000.000.00
Property0.000.000.00
Cash10.740.0010.74
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States76.400.81
Canada5.227.51
Latin America0.000.00
United Kingdom0.000.00
Eurozone9.896.85
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed8.4945.82
Asia - Emerging0.000.00
 
Category: US Large-Cap Value Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.481.02
Consumer CyclicalConsumer Cyclical1.410.19
Financial ServicesFinancial Services9.670.44
Consumer DefensiveConsumer Defensive17.202.66
HealthcareHealthcare5.130.30
Communication ServicesCommunication Services22.783.47
EnergyEnergy13.842.25
IndustrialsIndustrials10.870.97
TechnologyTechnology15.621.06
 
Category: US Large-Cap Value Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings42
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.84
NameSectorCountry% of Assets
Bollore SE308France8.83
Samsung Electncs Co311Korea, Republic Of6.38
Canadian Natural Resources Ltd309Canada4.66
U-Haul Holding Co Ordinary Shares - S... 310United States4.18
Fox Corp Class B308United States4.13
Microsoft Corp311United States3.94
Berkshire Hathaway Inc Class B103United States3.53
Charles Schwab Corp103United States3.37
Procter & Gamble Co205United States3.29
Cognizant Technology Solutions Corp C... 311United States2.54
 
Increase Decrease New since last portfolio
Category: US Large-Cap Value Equity
 
Management
Name of CompanyHeptagon Capital Limited
Phone-
Website -
Address171, Old Bakery Street
 Valletta   VLT1455
 Malta
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date14/12/2010
Fund Advisor(s)
Heptagon Capital Limited
Fund ManagerJason Subotky
Manager Start Date14/12/2010
Career Start Year1994
Education
University of Southern California, Bachelor's
 
Biography
Mr. Subotky is Partner and Portfolio Manager of Yacktman Asset Management. He joined the firm in 2001, having previously worked at a family office and as a Vice President at Goldman Sachs. Mr. Subotky received a bachelor's degree in Music from the University of Southern California and an MBA from Brigham Young University. Jason is a co-manager for AMG Yacktman Focused Fund, AMG Yacktman Fund, and AMG Yacktman Global Fund. Jason is a member of the Management Committee.
Fund ManagerRussell Wilkins
Manager Start Date01/05/2016
Career Start Year1998
Education
Brigham Young University, B.A.
Pepperdine University, M.B.A.
 
Biography
Mr. Wilkins is Partner and Portfolio Manager of Yacktman Asset Management. Prior to joining the firm in 1998 he was a Senior Business Analyst at Electronic Data Systems Corp. Mr. Wilkins holds a B. A. in Asian Studies and Japanese from Brigham Young University and an MBA from Pepperdine University. Russell is a member of the Management Committee.
Fund ManagerStephen Yacktman
Manager Start Date14/12/2010
Education
1991, Brigham Young University, B.S.
1993, Brigham Young University, M.B.A.
 
Biography
Mr. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager at Yacktman Asset Management. He joined Yacktman Asset Management in 1993. He has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002 and AMG Yacktman Global Fund since inception. Between 1996 and 2005 he helped build 1-800 CONTACTS from a startup to the leading seller of contact lenses in the world. He was a member of the 1-800 CONTACTS board and served as chair of the audit and compensation committees. In 2006 he was named Co-Chief Investment Officer of Yacktman Asset Management. Stephen was a finalist for Morningstar’s Domestic-Stock Manager of the Year award in 2011. He graduated from Brigham Young University with an economics degree and MBA. Stephen is a member of the Management Committee of the firm.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge3.00%
Max Exit Charge*3.00%
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge1.20%
Purchase Details
Minimum Investments
Initial1000000  USD
Additional10000  USD
Savings-
Tax Free Savings Schemes
ISAsYes