Morningstar Fund Report  | 23/04/2025Print

IFSL Marlborough Multi Cap Income Fund A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
IFSL Marlborough Multi Cap Income Fund A Acc
Fund20.6-20.24.74.7-6.0
+/-Cat2.8-16.7-2.1-3.3-6.8
+/-B’mrk---3.0-5.1-11.1
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
23/04/2025		 GBX 208.28
Day Change 0.65%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00B5L8VH15
Fund Size (Mil)
31/03/2025		 GBP 341.15
Share Class Size (Mil)
31/03/2025		 GBP 0.75
Max Initial Charge 5.25%
Ongoing Charge
12/08/2024		  1.53%
Investment Objective: IFSL Marlborough Multi Cap Income Fund A Acc
The aim of the Fund is to provide income, that is, money paid out of investments, such as dividends and interest, as well as deliver capital growth, that is, to increase the value of investor's investment over a minimum of 5 years. The Fund also aims to deliver a yield, that is, the percentage of income returned on an investment, greater than the yield of the FTSE All-Share Index, over any 3-year period, after any charges have been taken out of the Fund. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. The Fund will invest at least 80% in the shares of companies and investment trusts listed on UK stock exchanges. This will include a range of small, medium and large companies, with a bias towards small and medium companies.
Returns
Trailing Returns (GBP)23/04/2025
YTD-4.45
3 Years Annualised-3.30
5 Years Annualised3.75
10 Years Annualised1.26
12 Month Yield 5.12
Management
Manager Name
Start Date
Siddarth Lall
01/07/2011
Inception Date
30/06/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  IFSL Marlborough Multi Cap Income Fund A Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.760.0095.76
Bond0.000.000.00
Property0.000.000.00
Cash1.280.051.22
Other3.270.253.02
Top 5 Regions%
United Kingdom96.95
Eurozone1.13
Europe - ex Euro1.10
United States0.69
Latin America0.07
Top 5 Sectors%
Financial Services25.11
Consumer Cyclical20.28
Industrials17.70
Real Estate12.98
Consumer Defensive6.48
Top 5 HoldingsSector%
Bloomsbury Publishing PLCCommunication ServicesCommunication Services5.07
Paragon Banking Group PLCFinancial ServicesFinancial Services4.91
Polar Capital Holdings PLCFinancial ServicesFinancial Services3.91
Games Workshop Group PLCConsumer CyclicalConsumer Cyclical3.74
Big Yellow Group PLCReal EstateReal Estate3.04
Increase Decrease New since last portfolio
IFSL Marlborough Multi Cap Income Fund A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  IFSL Marlborough Multi Cap Income Fund A Acc
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-14.2325.81-13.0920.58-20.184.664.74-5.95
+/- Category-3.686.86-0.542.77-16.73-2.10-3.35-6.82
+/- Category Index------2.97-5.09-11.11
% Rank in Category8415652694828092
Trailing Returns (GBP)23/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.65   -0.020.03
1 Week1.91   0.960.92
1 Month0.13   3.003.26
3 Months-2.94   0.25-1.60
6 Months-7.73   -5.76-9.39
YTD-4.45   -3.51-7.06
1 Year-5.97   -10.41-13.89
3 Years Annualised-3.30   -7.15-9.86
5 Years Annualised3.75   -5.97-7.32
10 Years Annualised1.26   -2.95-4.14
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-5.95---
20243.994.341.31-4.72
2023-0.08-0.12-1.616.58
2022-6.66-10.91-13.1010.46
20214.326.673.854.35
2020-30.6911.84-0.5512.72
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-YearLowAbove Average1 star
10-YearLowAbove Average1 star
OverallLowAbove Average1 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev14.58 %
3-Yr Mean Return-3.10 %
 
3-Yr Sharpe Ratio-0.49
 
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 Beta1.060.80
3-Yr Alpha-11.30-3.80
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 881-
Market Capitalisation% of Equity
Giant1.41
Large2.42
Medium15.28
Small44.74
Micro36.14
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.271.00
Price/Book1.540.96
Price/Sales0.730.80
Price/Cash Flow7.171.00
Dividend-Yield Factor5.701.25
 
Long-Term Projected Earnings Growth6.440.68
Historical Earnings Growth5.33-0.79
Sales Growth9.131.59
Cash-Flow Growth12.0726.16
Book-Value Growth5.513.57
 
Category: UK Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.760.0095.76
Bond0.000.000.00
Property0.000.000.00
Cash1.280.051.22
Other3.270.253.02
World Regions31/03/2025
 % of EquityRelative to Category
United States0.690.27
Canada0.000.00
Latin America0.072.21
United Kingdom96.951.05
Eurozone1.130.34
Europe - ex Euro1.100.93
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.070.48
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 Materials2.440.41
Consumer CyclicalConsumer Cyclical20.282.11
Financial ServicesFinancial Services25.111.00
Real EstateReal Estate12.983.61
Consumer DefensiveConsumer Defensive6.480.49
HealthcareHealthcare1.460.17
UtilitiesUtilities2.380.48
Communication ServicesCommunication Services5.630.93
EnergyEnergy1.720.23
IndustrialsIndustrials17.701.36
TechnologyTechnology3.821.70
 
Category: UK Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings91
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.12
NameSectorCountry% of Assets
Bloomsbury Publishing PLC308United Kingdom5.07
Paragon Banking Group PLC103United Kingdom4.91
Polar Capital Holdings PLC103United Kingdom3.91
Games Workshop Group PLC102United Kingdom3.74
Big Yellow Group PLC104United Kingdom3.04
Morgan Sindall Group PLC310United Kingdom3.00
LondonMetric Property PLC104United Kingdom2.94
Hargreaves Services PLC310United Kingdom2.89
Macfarlane Group PLC102United Kingdom2.80
Safestore Holdings PLC Ordinary Shares104United Kingdom2.80
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of CompanyMarlborough Investment Management Ltd.
Phone-
Website -
AddressPO Box 1852
 Lichfield   WS13 8XU
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date30/06/2011
Fund Advisor(s)
Marlborough Investment Management Ltd.
Fund ManagerSiddarth Lall
Manager Start Date01/07/2011
Education
2002, Edinburgh University, M.A.
 
Biography
Sid is a graduate of Edinburgh University with 20 years’ experience on the buy-side. He was previously a specialist in Pan European (including UK) small and mid-cap equities at DSP. Sid joined the team in 2007 to work on the Marlborough funds and has managed the Marlborough Multi Cap Income Fund since launch in July 2011.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.25%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.53%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes