Morningstar Fund Report  | 02/04/2025Print

FTF Martin Currie UK Managers' Focus Fund W (Acc)

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
FTF Martin Currie UK Managers' Focus Fund W (Acc)
Fund18.0-10.62.87.43.1
+/-Cat1.61.1-5.2-0.5-0.3
+/-B’mrk---4.8-2.5-4.3
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
01/04/2025		 GBP 3.08
Day Change 1.02%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B7MPWT49
Fund Size (Mil)
28/02/2025		 USD 98.24
Share Class Size (Mil)
01/04/2025		 GBP 54.81
Max Initial Charge -
Ongoing Charge
02/12/2024		  0.72%
Investment Objective: FTF Martin Currie UK Managers' Focus Fund W (Acc)
The Fund aims to increase in value through investment growth by more than the FTSE All-Share Index over periods of five years after all fees and costs are deducted. The Fund invests at least two thirds (but typically significantly more) in the shares of companies listed on the London Stock Exchange that are incorporated/domiciled in the UK or which have significant business operations in the UK.
Returns
Trailing Returns (GBP)01/04/2025
YTD2.49
3 Years Annualised2.52
5 Years Annualised9.66
10 Years Annualised5.35
12 Month Yield 2.72
Management
Manager Name
Start Date
Ben Russon
16/04/2013
Richard Bullas
22/06/2012
Click here to see others
Inception Date
31/05/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  FTF Martin Currie UK Managers' Focus Fund W (Acc)28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.850.0096.85
Bond0.000.000.00
Property0.000.000.00
Cash1.410.001.41
Other1.740.001.74
Top 5 Regions%
United Kingdom98.96
United States1.04
Canada0.00
Latin America0.00
Eurozone0.00
Top 5 Sectors%
Industrials16.81
Financial Services16.77
Consumer Defensive16.59
Energy11.64
Healthcare10.72
Top 5 HoldingsSector%
Shell PLCEnergyEnergy5.17
AstraZeneca PLCHealthcareHealthcare5.02
Unilever PLCConsumer DefensiveConsumer Defensive4.89
BP PLCEnergyEnergy4.59
RELX PLCIndustrialsIndustrials3.63
Increase Decrease New since last portfolio
FTF Martin Currie UK Managers' Focus Fund W (Acc)
Growth Of 1000 (GBP) 28/02/2025
Fund:  FTF Martin Currie UK Managers' Focus Fund W (Acc)
Category:  UK Flex-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-12.5028.02-4.8617.98-10.562.837.353.09
+/- Category-0.324.270.161.651.12-5.17-0.51-0.29
+/- Category Index------4.80-2.47-4.32
% Rank in Category5231494348905156
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day1.02   2.942.00
1 Week-1.00   0.48-0.41
1 Month-0.58   3.301.52
3 Months2.49   3.12-2.66
6 Months-0.13   1.26-5.18
YTD2.49   3.12-2.66
1 Year6.09   1.61-5.57
3 Years Annualised2.52   -0.85-5.03
5 Years Annualised9.66   -0.30-2.29
10 Years Annualised5.35   0.46-0.71
 
Category: UK Flex-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20243.714.061.88-2.37
20230.59-3.14-1.026.62
2022-5.88-8.36-5.339.53
20214.106.543.372.91
2020-27.2713.59-0.1815.39
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearAverageAverage3 star
10-YearAverageAverage3 star
Overall*AverageAverage3 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev13.79 %
3-Yr Mean Return3.78 %
 
3-Yr Sharpe Ratio-0.01
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK Small Cap TME NR GBP
3-Yr Beta1.120.76
3-Yr Alpha-5.982.10
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 16359-
Market Capitalisation% of Equity
Giant34.11
Large25.61
Medium18.34
Small19.19
Micro2.75
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.961.07
Price/Book1.921.16
Price/Sales1.061.10
Price/Cash Flow9.031.11
Dividend-Yield Factor3.470.98
 
Long-Term Projected Earnings Growth8.830.95
Historical Earnings Growth-0.873.74
Sales Growth4.180.93
Cash-Flow Growth2.391.72
Book-Value Growth4.491.50
 
Category: UK Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.850.0096.85
Bond0.000.000.00
Property0.000.000.00
Cash1.410.001.41
Other1.740.001.74
World Regions28/02/2025
 % of EquityRelative to Category
United States1.040.54
Canada0.000.00
Latin America0.000.00
United Kingdom98.961.06
Eurozone0.000.00
Europe - ex Euro0.000.00
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 Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.011.02
Consumer CyclicalConsumer Cyclical4.530.35
Financial ServicesFinancial Services16.770.72
Real EstateReal Estate4.051.68
Consumer DefensiveConsumer Defensive16.591.48
HealthcareHealthcare10.721.32
UtilitiesUtilities4.851.58
Communication ServicesCommunication Services3.540.70
EnergyEnergy11.641.73
IndustrialsIndustrials16.810.96
TechnologyTechnology5.501.18
 
Category: UK Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings47
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.87
NameSectorCountry% of Assets
Shell PLC309United Kingdom5.17
AstraZeneca PLC206United Kingdom5.02
Unilever PLC205United Kingdom4.89
BP PLC309United Kingdom4.59
RELX PLC310United Kingdom3.63
GSK PLC206United Kingdom3.50
Barclays PLC103United Kingdom3.50
HSBC Holdings PLC103United Kingdom3.25
NatWest Group PLC103United Kingdom3.17
National Grid PLC207United Kingdom3.15
 
Increase Decrease New since last portfolio
Category: UK Flex-Cap Equity
 
Management
Name of CompanyFranklin Templeton Fund Management Ltd
Phone-
Website -
Address-
 London   WC2N 6HT
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date31/05/2012
Fund Advisor(s)
Martin Currie Investment Management Ltd
Fund ManagerBen Russon
Manager Start Date16/04/2013
 
Biography
Ben Russon is a fund manager based in Leeds as part of Franklin Templeton Fund Management. He is the lead manager on the Franklin UK Select Growth Fund and Co-Manager on the Franklin UK Managers' Focus Fund. Mr. Russon joined the Franklin Templeton UK Equity team during 2013. Prior to this he spent 13 years as a Fund Manager with Newton Investment Management, specialising in UK Equities. He was the lead manager on the Newton UK Opportunities Fund from 2005, alongside associated institutional mandates. Mr. Russon had prior experience at Newton in the research function, specialising in the global food retail sector. Wider responsibilities also included global equity investment with the Newton Osprey Fund. Mr. Russon graduated from the University of Edinburgh with an M.A. (joint honours) in geography and economics. He is a Chartered. Financial Analyst (CFA) Charterholder.
Fund ManagerRichard Bullas
Manager Start Date22/06/2012
Fund ManagerJoanne Rands
Manager Start Date17/10/2011
Education
University of Nottingham, B.S.
 
Biography
Jo is working alongside Julian Chillingworth and Alexandra Jackson. She joined Rathbones in June 2014 from Peel Hunt, where she worked in UK equity sales. Jo has over 15 years’ analytical experience, covering UK small and mid-cap stocks, on both the 'buy and sell' sides, and across several organisations. She has also worked as a Fund Manager at Hermes, managing UK small and mid caps and assisted in managing UK equity funds at HSBC. Jo holds the Securities Institute Diploma and is a Fellow of the Securities Institute. She graduated from the University of Nottingham with a 1st Class BSc Hons degree in Geography.
Fund ManagerDaniel Green
Manager Start Date30/06/2020
Education
University of Sheffield, B.A.
 
Biography
Dan Green is an Equity Research Analyst for the Franklin UK Equity Team, focussing on UK Small- and Mid-cap equities. Dan joined Franklin Templeton Investments in September 2015. Dan began his career with PwC working predominately with Financial Services clients before joining JP Morgan to work as Equity Derivatives Analyst. His role prior to Franklin Templeton Investments was at Deutsche Bank where he was Assistant Vice President in the Valuations team. Dan holds a Bachelor of Laws (Hons) from the University of Sheffield. He also holds an Investment Management Certificate (IMC) and is a Chartered Financial Analyst (CFA) charterholder.
Fund ManagerWill Bradwell
Manager Start Date28/06/2024
Fund ManagerMarcus Tregoning
Manager Start Date28/06/2024
Fund ManagerCourtney Westcarr
Manager Start Date31/01/2025
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.65%
Ongoing Charge0.72%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional250  GBP
Savings-
Tax Free Savings Schemes
ISAsYes