Morningstar Fund Report  | 14/04/2025Print

Unicorn UK Income A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Unicorn UK Income A Acc
Fund14.0-12.37.01.1-9.2
+/-Cat-3.8-8.90.3-6.9-10.1
+/-B’mrk---0.6-8.7-14.4
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
11/04/2025		 GBX 285.75
Day Change -1.16%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00B9XQFW49
Fund Size (Mil)
11/04/2025		 GBP 178.99
Share Class Size (Mil)
11/04/2025		 GBP 0.47
Max Initial Charge 5.50%
Ongoing Charge
23/01/2025		  1.56%
Investment Objective: Unicorn UK Income A Acc
The Unicorn UK Income Fund aims to provide an income by investing in UK companies. UK companies are defined as those which are incorporated or domiciled in the UK, or have a significant part of their operations in the UK. The Fund may also invest, at its discretion, in other transferable securities and deposits and cash. The Fund may also enter into certain derivative and forward transactions for hedging purposes. The Fund invests at least 80% in UK companies which are quoted companies with a bias towards small and medium-sized companies (those with a market value of less than £4 billion). Some of the companies in which the Fund invests may be quoted on AIM. AIM is the London Stock Exchange’s international market for smaller, growing companies.
Returns
Trailing Returns (GBP)11/04/2025
YTD-14.64
3 Years Annualised-5.13
5 Years Annualised3.31
10 Years Annualised1.14
12 Month Yield 5.52
Management
Manager Name
Start Date
Fraser Mackersie
01/12/2013
Simon Moon
01/12/2013
Inception Date
28/05/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA UK Equity Income SectorMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Unicorn UK Income A Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.420.0095.42
Bond0.020.010.01
Property0.000.000.00
Cash5.330.015.32
Other0.000.76-0.76
Top 5 Regions%
United Kingdom88.23
United States6.46
Latin America5.31
Canada0.00
Eurozone0.00
Top 5 Sectors%
Industrials28.53
Financial Services26.34
Real Estate11.68
Basic Materials8.35
Utilities6.68
Top 5 HoldingsSector%
Telecom Plus PLCUtilitiesUtilities6.37
LondonMetric Property PLCReal EstateReal Estate6.00
Polar Capital Holdings PLCFinancial ServicesFinancial Services5.58
Primary Health Properties PLCReal EstateReal Estate5.15
Ocean Wilsons Holdings LtdFinancial ServicesFinancial Services5.07
Increase Decrease New since last portfolio
Unicorn UK Income A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Unicorn UK Income 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-15.9530.36-12.4413.99-12.297.041.14-9.20
+/- Category-5.3911.420.12-3.82-8.850.28-6.94-10.07
+/- Category Index------0.58-8.68-14.35
% Rank in Category923558788579899
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.16   -0.49-1.75
1 Week-3.21   -2.19-2.36
1 Month-7.88   -1.71-2.08
3 Months-13.08   -9.25-10.75
6 Months-19.51   -14.18-17.28
YTD-14.64   -9.76-12.64
1 Year-15.60   -16.10-19.79
3 Years Annualised-5.13   -7.45-9.67
5 Years Annualised3.31   -5.28-6.33
10 Years Annualised1.14   -2.62-3.69
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-9.20---
20241.595.951.69-7.59
2023-0.150.66-1.428.04
2022-4.92-8.08-11.8513.86
20213.385.403.820.77
2020-34.3911.662.7416.35
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-YearLowAbove Average1 star
10-YearLowHigh1 star
OverallLowHigh1 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.06 %
3-Yr Mean Return-2.13 %
 
3-Yr Sharpe Ratio-0.41
 
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 Beta1.060.81
3-Yr Alpha-10.31-2.74
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 653-
Market Capitalisation% of Equity
Giant0.00
Large0.00
Medium12.06
Small49.78
Micro38.16
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.241.06
Price/Book1.340.83
Price/Sales0.911.17
Price/Cash Flow7.991.09
Dividend-Yield Factor6.441.46
 
Long-Term Projected Earnings Growth7.950.88
Historical Earnings Growth-5.511.15
Sales Growth-12.30-2.42
Cash-Flow Growth-4.56-5.69
Book-Value Growth2.431.30
 
Category: UK Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.420.0095.42
Bond0.020.010.01
Property0.000.000.00
Cash5.330.015.32
Other0.000.76-0.76
World Regions31/03/2025
 % of EquityRelative to Category
United States6.462.52
Canada0.000.00
Latin America5.31191.28
United Kingdom88.230.96
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
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 Materials8.351.38
Consumer CyclicalConsumer Cyclical2.740.28
Financial ServicesFinancial Services26.341.05
Real EstateReal Estate11.683.34
Consumer DefensiveConsumer Defensive6.430.49
UtilitiesUtilities6.681.43
Communication ServicesCommunication Services3.550.58
IndustrialsIndustrials28.532.14
TechnologyTechnology5.702.42
 
Category: UK Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings36
Total Number of Bond Holdings0
Assets in Top 10 Holdings46.30
NameSectorCountry% of Assets
Telecom Plus PLC207United Kingdom6.37
LondonMetric Property PLC104United Kingdom6.00
Polar Capital Holdings PLC103United Kingdom5.58
Primary Health Properties PLC104United Kingdom5.15
Ocean Wilsons Holdings Ltd103Brazil5.07
James Halstead PLC310United Kingdom4.68
Vesuvius PLC101United Kingdom4.29
Conduit Holdings Ltd103United States3.14
Somero Enterprises Inc Ordinary Shares310United States3.02
AJ Bell PLC103United Kingdom3.00
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of CompanyUnicorn Asset Management Ltd
Phone+44 20 71530889
Websitewww.unicornam.com
AddressPreacher's Court
 London   EC1M 6AU
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date28/05/2013
Fund Advisor(s)
Unicorn Asset Management Ltd
Fund ManagerFraser Mackersie
Manager Start Date01/12/2013
Fund ManagerSimon Moon
Manager Start Date01/12/2013
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.50%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.56%
Purchase Details
Minimum Investments
Initial2500  GBP
Additional1000  GBP
Savings100  GBP
Tax Free Savings Schemes
ISAsYes