Morningstar Fund Report  | 17/04/2025Print

Aviva Investors UK Listed Equity Income Fund 2 GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Aviva Investors UK Listed Equity Income Fund 2 GBP Acc
Fund15.5-6.19.07.43.3
+/-Cat-2.3-2.72.2-0.72.5
+/-B’mrk--1.4-2.4-1.8
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
16/04/2025		 GBX 271.04
Day Change 0.28%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00B6R51K64
Fund Size (Mil)
16/04/2025		 GBP 691.13
Share Class Size (Mil)
16/04/2025		 GBP 90.38
Max Initial Charge -
Ongoing Charge
07/02/2025		  0.81%
Investment Objective: Aviva Investors UK Listed Equity Income Fund 2 GBP Acc
The Fund aims to deliver an income return in excess of the income of the FTSE® All-Share Index□ (the “Index”), over 3-year rolling periods, and provide an average annual net return greater than the Index over rolling 5-year periods, by investing in shares of UK companies. At least 80% of the Fund will be invested in shares of UK companies (incorporated or domiciled in the UK), or non UK companies which are listed in the UK or which have significant trading activities in the UK.
Returns
Trailing Returns (GBP)16/04/2025
YTD0.94
3 Years Annualised4.55
5 Years Annualised10.68
10 Years Annualised4.82
12 Month Yield 3.64
Management
Manager Name
Start Date
Kunal Kothari
19/02/2024
Trevor Green
11/09/2023
Inception Date
18/07/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Aviva Investors UK Listed Equity Income Fund 2 GBP Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock94.820.0094.82
Bond0.050.010.04
Property0.000.000.00
Cash5.140.015.12
Other1.101.070.02
Top 5 Regions%
United Kingdom97.22
Eurozone1.04
United States0.91
Europe - Emerging0.83
Canada0.00
Top 5 Sectors%
Financial Services24.55
Consumer Defensive16.39
Healthcare14.41
Industrials12.28
Energy7.62
Top 5 HoldingsSector%
Shell PLCEnergyEnergy7.23
AstraZeneca PLCHealthcareHealthcare6.43
Unilever PLCConsumer DefensiveConsumer Defensive6.24
HSBC Holdings PLCFinancial ServicesFinancial Services4.73
Lloyds Banking Group PLCFinancial ServicesFinancial Services4.44
Increase Decrease New since last portfolio
Aviva Investors UK Listed Equity Income Fund 2 GBP Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Aviva Investors UK Listed Equity Income Fund 2 GBP 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-10.7722.90-6.2015.53-6.129.007.403.35
+/- Category-0.213.966.36-2.28-2.682.24-0.682.48
+/- Category Index-----1.38-2.42-1.81
% Rank in Category5228127173305728
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.28   -1.12-1.18
1 Week7.11   2.212.54
1 Month-3.64   -0.450.27
3 Months0.28   1.27-0.18
6 Months-0.89   1.79-2.31
YTD0.94   2.78-0.67
1 Year6.32   2.60-1.29
3 Years Annualised4.55   0.89-1.28
5 Years Annualised10.68   0.99-0.78
10 Years Annualised4.82   0.85-0.37
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20253.35---
20244.272.282.64-1.88
20232.92-1.090.486.56
2022-2.10-6.60-8.5512.27
20214.893.793.332.70
2020-28.2015.14-3.5717.67
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAverageAbove Average3 star
10-YearAbove AverageAverage3 star
OverallAbove AverageAverage3 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.41 %
3-Yr Mean Return5.86 %
 
3-Yr Sharpe Ratio0.14
 
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 Beta1.010.70
3-Yr Alpha-2.261.52
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 23677-
Market Capitalisation% of Equity
Giant37.63
Large27.44
Medium26.71
Small5.73
Micro2.48
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.391.10
Price/Book1.801.12
Price/Sales1.091.21
Price/Cash Flow8.651.21
Dividend-Yield Factor3.900.85
 
Long-Term Projected Earnings Growth9.491.00
Historical Earnings Growth-1.870.28
Sales Growth4.530.79
Cash-Flow Growth-0.02-0.04
Book-Value Growth3.081.99
 
Category: UK Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock94.820.0094.82
Bond0.050.010.04
Property0.000.000.00
Cash5.140.015.12
Other1.101.070.02
World Regions31/03/2025
 % of EquityRelative to Category
United States0.910.35
Canada0.000.00
Latin America0.000.00
United Kingdom97.221.06
Eurozone1.040.31
Europe - ex Euro0.000.00
Europe - Emerging0.8316.39
Africa0.000.00
Middle East0.000.00
Japan0.000.00
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 Materials4.000.67
Consumer CyclicalConsumer Cyclical6.950.72
Financial ServicesFinancial Services24.550.97
Real EstateReal Estate1.440.40
Consumer DefensiveConsumer Defensive16.391.24
HealthcareHealthcare14.411.67
UtilitiesUtilities4.300.87
Communication ServicesCommunication Services4.140.69
EnergyEnergy7.621.02
IndustrialsIndustrials12.280.94
TechnologyTechnology3.921.74
 
Category: UK Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings51
Total Number of Bond Holdings0
Assets in Top 10 Holdings46.14
NameSectorCountry% of Assets
Shell PLC309United Kingdom7.23
AstraZeneca PLC206United Kingdom6.43
Unilever PLC205United Kingdom6.24
HSBC Holdings PLC103United Kingdom4.73
Lloyds Banking Group PLC103United Kingdom4.44
National Grid PLC207United Kingdom4.07
GSK PLC206United Kingdom3.61
Legal & General Group PLC103United Kingdom3.47
Reckitt Benckiser Group PLC205United Kingdom3.00
Sainsbury (J) PLC205United Kingdom2.92
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of CompanyAviva Investors UK Fund Services Limited
Phone+44 8000512003
Websitewww.avivainvestors.co.uk
Address80 Fenchurch Street
 London   EC3M 4AE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date18/07/2011
Fund Advisor(s)
Aviva Investors Global Services Limited
Fund ManagerKunal Kothari
Manager Start Date19/02/2024
Education
University of Warwick, M.Eng
 
Biography
Kunal is responsible for the UK Equity Income strategy and within the UK Equities team also has lead analyst responsibilities for the Consumer Discretionary sector. Prior to joining Aviva Investors, Kunal was a Deputy Fund Manager at Columbia Threadneedle Investments on the CT UK Fund, and lead manager on two segregated mandates. He began his career at Schroders on the Pan Euro Small & Mid Cap equity team and subsequently worked at Santander Asset Management and Merian Global Investors (now Jupiter) on UK All Companies strategies including UK Equity Income, UK Alpha and UK Long/Short. Kunal graduated from the University of Warwick in 2007 with a M.Eng. in Electrical Engineering with First Class Honours and is a CFA Charterholder.
Fund ManagerTrevor Green
Manager Start Date11/09/2023
Career Start Year1990
Education
Aberdeen University, B.A.
 
Biography
Trevor is Head of UK equities and co-portfolio manager for our UK Equity Institutional, UK Equity Income and UK Smaller Companies strategies. Within the UK Equities team, Trevor also has sector coverage responsibilities for IT & Communication Services. Prior to joining Aviva Investors, Trevor was a fund manager at Henderson Global Investors, where he was co-manager of the Henderson Managed Distribution Fund. Before this, Trevor worked at New Star Asset Management and before that spent nearly six years at RCM running pan-European institutional mandates. He has also worked at Credit Suisse Asset Management and started his career at Capel Cure Myers, managing both retail and institutional funds. Trevor holds a BA (Hons) in Economics from Aberdeen University and the Securities Institute Diploma.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.81%
Ongoing Charge0.81%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional25000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes