Morningstar Fund Report  | 11/04/2025Print

Liontrust UK Equity Fund - Class X Income

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Liontrust UK Equity Fund - Class X Income
Fund18.1-9.711.311.7-1.5
+/-Cat1.81.93.33.8-0.9
+/-B’mrk--3.71.8-6.7
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
09/04/2025		 GBP 1.55
Day Change -1.54%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B8BH0R25
Fund Size (Mil)
28/02/2025		 GBP 169.97
Share Class Size (Mil)
09/04/2025		 GBP 13.60
Max Initial Charge -
Ongoing Charge
11/02/2025		  0.65%
Investment Objective: Liontrust UK Equity Fund - Class X Income
The fund aims to deliver a total return (the combination of income and capital growth) that at the end of any five year period is in excess of achieving a total return of the FTSE All-Share Total Return Index, after all costs and charges have been deducted. There is no guarantee that the objective will be achieved over any time period and capital is at risk. The Fund will invest at least 80% of its scheme property by value, directly or indirectly, in the shares of UK companies. These are companies that are: i. listed or traded in the UK, and ii. domiciled or incorporated in the UK.
Returns
Trailing Returns (GBP)09/04/2025
YTD-8.79
3 Years Annualised2.88
5 Years Annualised8.19
10 Years Annualised3.21
12 Month Yield 2.19
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Imran Sattar
01/07/2019
Inception Date
13/09/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Liontrust UK Equity Fund - Class X Income31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.860.0097.86
Bond0.000.000.00
Property0.000.000.00
Cash0.480.050.43
Other1.810.101.71
Top 5 Regions%
United Kingdom90.35
United States5.39
Europe - Emerging2.51
Eurozone1.75
Canada0.00
Top 5 Sectors%
Industrials19.30
Healthcare16.39
Consumer Cyclical16.01
Communication Services9.99
Financial Services9.97
Top 5 HoldingsSector%
Unilever PLCConsumer DefensiveConsumer Defensive6.47
Shell PLCEnergyEnergy6.27
GSK PLCHealthcareHealthcare4.86
Haleon PLCHealthcareHealthcare4.71
Rentokil Initial PLCIndustrialsIndustrials4.09
Increase Decrease New since last portfolio
Liontrust UK Equity Fund - Class X Income
Growth Of 1000 (GBP) 31/03/2025
Fund:  Liontrust UK Equity Fund - Class X Income
Category:  UK Flex-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.6314.32-6.9218.14-9.7511.3111.66-1.51
+/- Category2.55-9.43-1.911.811.943.313.80-0.94
+/- Category Index-----3.691.83-6.67
% Rank in Category5693243285221670
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.54   0.191.34
1 Week-7.39   1.603.20
1 Month-8.39   2.482.81
3 Months-8.47   0.14-1.64
6 Months-8.57   0.52-2.83
YTD-8.79   0.66-3.16
1 Year-2.25   2.25-2.72
3 Years Annualised2.88   2.65-0.14
5 Years Annualised8.19   1.26-0.62
10 Years Annualised3.21   -0.34-1.33
 
Category: UK Flex-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.51---
20244.884.662.28-0.55
20235.990.082.412.46
2022-5.99-9.33-4.3310.67
20215.156.212.423.29
2020-26.5613.33-1.5913.64
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average4 star
5-YearAverageBelow Average3 star
10-YearBelow AverageBelow Average3 star
Overall*AverageBelow Average3 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.37 %
3-Yr Mean Return6.32 %
 
3-Yr Sharpe Ratio0.18
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK SMID Cap TME NR GBP
3-Yr Beta0.990.69
3-Yr Alpha-1.731.94
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 17558-
Market Capitalisation% of Equity
Giant27.53
Large24.50
Medium31.65
Small15.55
Micro0.77
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.751.30
Price/Book2.481.49
Price/Sales1.932.01
Price/Cash Flow10.651.31
Dividend-Yield Factor2.980.84
 
Long-Term Projected Earnings Growth8.120.87
Historical Earnings Growth-2.7111.61
Sales Growth6.981.56
Cash-Flow Growth3.382.44
Book-Value Growth4.161.39
 
Category: UK Flex-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.860.0097.86
Bond0.000.000.00
Property0.000.000.00
Cash0.480.050.43
Other1.810.101.71
World Regions31/03/2025
 % of EquityRelative to Category
United States5.392.82
Canada0.000.00
Latin America0.000.00
United Kingdom90.350.97
Eurozone1.750.63
Europe - ex Euro0.000.00
Europe - Emerging2.519282.26
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 Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.550.52
Consumer CyclicalConsumer Cyclical16.011.22
Financial ServicesFinancial Services9.970.43
Real EstateReal Estate5.372.24
Consumer DefensiveConsumer Defensive8.490.76
HealthcareHealthcare16.392.02
UtilitiesUtilities3.621.18
Communication ServicesCommunication Services9.991.98
EnergyEnergy6.400.95
IndustrialsIndustrials19.301.10
TechnologyTechnology1.900.41
 
Category: UK Flex-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings38
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.51
NameSectorCountry% of Assets
Unilever PLC205United Kingdom6.47
Shell PLC309United Kingdom6.27
GSK PLC206United Kingdom4.86
Haleon PLC206United Kingdom4.71
Rentokil Initial PLC310United Kingdom4.09
Dunelm Group PLC102United Kingdom3.84
Compass Group PLC102United Kingdom3.82
Auto Trader Group PLC308United Kingdom3.55
National Grid PLC207United Kingdom3.54
NatWest Group PLC103United Kingdom3.37
 
Increase Decrease New since last portfolio
Category: UK Flex-Cap Equity
 
Management
Name of CompanyLiontrust Investment Partners LLP
Phone-
Websitewww.liontrust.co.uk
Address2 Savoy Court, London WC2R 0EZ
 London   WC2R 0EZ
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date13/09/2012
Fund Advisor(s)
Liontrust Investment Partners LLP
Fund ManagerImran Sattar
Manager Start Date01/07/2019
Career Start Year1997
Education
1997, University of Warwick, B.S.
 
Biography
Imran Sattar is Portfolio Manager for the Edinburgh Investment Trust plc and the Fund Manager responsible for managing the Liontrust UK Equity and UK Focus funds. Imran joined Liontrust in April 2022 as part of the acquisition of Majedie Asset Management, where he had managed funds for four years, and is a member of the Liontrust Global Fundamental team. Before joining Majedie in 2018, Imran was a Managing Director and Fund Manager at Blackrock, where he managed UK equity funds with combined UK equity assets of over £2 billion. Imran joined Mercury Asset Management in 1997 (subsequently acquired by Merrill Lynch, now Blackrock). He holds a Bachelor of Sciences degree in Mathematics & Economics from the University of Warwick and is a CFA Charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.65%
Ongoing Charge0.65%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional5000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes