Morningstar Fund Report  | 17/04/2025Print

Liontrust UK Focus Class X Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Liontrust UK Focus Class X Accumulation
Fund14.5-20.618.714.6-3.1
+/-Cat-1.8-8.910.76.8-2.5
+/-B’mrk--11.14.8-8.2
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
16/04/2025		 GBP 2.55
Day Change -0.24%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B7S3QT06
Fund Size (Mil)
28/02/2025		 GBP 9.90
Share Class Size (Mil)
16/04/2025		 GBP 5.60
Max Initial Charge -
Ongoing Charge
11/02/2025		  0.85%
Investment Objective: Liontrust UK Focus Class X Accumulation
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. The Fund will be focused and will have holdings in no more than 60 companies.
Returns
Trailing Returns (GBP)16/04/2025
YTD-2.62
3 Years Annualised6.65
5 Years Annualised9.39
10 Years Annualised4.14
12 Month Yield 1.40
Management
Manager Name
Start Date
Imran Sattar
01/07/2018
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 Focus Class X Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.490.0096.49
Bond0.000.000.00
Property0.000.000.00
Cash0.940.080.87
Other2.800.152.65
Top 5 Regions%
United Kingdom82.47
United States8.55
Europe - Emerging4.58
Eurozone4.40
Canada0.00
Top 5 Sectors%
Industrials31.89
Communication Services16.80
Consumer Cyclical13.67
Healthcare11.02
Financial Services9.88
Top 5 HoldingsSector%
Rentokil Initial PLCIndustrialsIndustrials6.36
Rightmove PLCCommunication ServicesCommunication Services6.03
Thermo Fisher Scientific IncHealthcareHealthcare5.55
Haleon PLCHealthcareHealthcare5.08
Spirax Group PLCIndustrialsIndustrials5.00
Increase Decrease New since last portfolio
Liontrust UK Focus Class X Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Liontrust UK Focus Class X Accumulation
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-5.7218.96-4.0614.55-20.6118.7014.63-3.08
+/- Category6.46-4.780.95-1.79-8.9310.716.77-2.50
+/- Category Index-----11.084.81-8.24
% Rank in Category4501280823981
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.24   -1.73-1.70
1 Week7.14   2.002.57
1 Month-0.33   3.243.58
3 Months-2.72   -0.70-3.18
6 Months-1.81   1.32-3.24
YTD-2.62   0.48-4.23
1 Year9.99   7.762.38
3 Years Annualised6.65   3.990.82
5 Years Annualised9.39   0.56-2.07
10 Years Annualised4.14   0.02-1.06
 
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
2025-3.08---
20244.575.093.450.83
202310.961.710.494.66
2022-12.37-13.02-3.047.42
20214.026.75-0.803.99
2020-27.6317.961.8510.33
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average4 star
5-YearAverageAverage3 star
10-YearAverageAverage3 star
Overall*AverageAverage3 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev14.94 %
3-Yr Mean Return7.26 %
 
3-Yr Sharpe Ratio0.20
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK Mod Adv Tgt Alloc NR GBP
3-Yr Beta1.011.56
3-Yr Alpha-0.920.71
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 11142-
Market Capitalisation% of Equity
Giant12.17
Large26.13
Medium40.58
Small20.65
Micro0.47
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings18.631.62
Price/Book2.791.72
Price/Sales2.582.71
Price/Cash Flow12.771.68
Dividend-Yield Factor2.740.76
 
Long-Term Projected Earnings Growth9.120.93
Historical Earnings Growth0.44-0.30
Sales Growth9.232.26
Cash-Flow Growth7.063.77
Book-Value Growth4.651.55
 
Category: UK Flex-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.490.0096.49
Bond0.000.000.00
Property0.000.000.00
Cash0.940.080.87
Other2.800.152.65
World Regions31/03/2025
 % of EquityRelative to Category
United States8.554.13
Canada0.000.00
Latin America0.000.00
United Kingdom82.470.89
Eurozone4.401.66
Europe - ex Euro0.000.00
Europe - Emerging4.5818.90
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
Consumer CyclicalConsumer Cyclical13.671.08
Financial ServicesFinancial Services9.880.42
Real EstateReal Estate6.252.59
Consumer DefensiveConsumer Defensive2.340.21
HealthcareHealthcare11.021.36
UtilitiesUtilities4.731.47
Communication ServicesCommunication Services16.803.33
EnergyEnergy1.810.26
IndustrialsIndustrials31.891.84
TechnologyTechnology1.630.36
 
Category: UK Flex-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings28
Total Number of Bond Holdings0
Assets in Top 10 Holdings50.90
NameSectorCountry% of Assets
Rentokil Initial PLC310United Kingdom6.36
Rightmove PLC308United Kingdom6.03
Thermo Fisher Scientific Inc206United States5.55
Haleon PLC206United Kingdom5.08
Spirax Group PLC310United Kingdom5.00
RELX PLC310United Kingdom4.90
Auto Trader Group PLC308United Kingdom4.74
National Grid PLC207United Kingdom4.56
Baltic Classifieds Group PLC308Lithuania4.41
KONE Oyj Class B310Finland4.25
 
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 Date01/07/2018
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 Charge0.85%
Ongoing Charge0.85%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional5000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes