Morningstar Fund Report  | 05/04/2025Print

Redwheel UK Value Fund - R GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Redwheel UK Value Fund - R GBP Acc
Fund--2.110.021.13.7
+/-Cat--0.11.812.60.4
+/-B’mrk--2.411.3-1.5
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
02/04/2025		 GBP 271.01
Day Change 0.12%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK Equity Income
ISIN LU1017299071
Fund Size (Mil)
02/04/2025		 GBP 12.67
Share Class Size (Mil)
02/04/2025		 GBP 1.70
Max Initial Charge -
Ongoing Charge
31/10/2023		  0.90%
Investment Objective: Redwheel UK Value Fund - R GBP Acc
To provide an income and capital return to investors by investing primarily in UK equity securities.
Returns
Trailing Returns (GBP)02/04/2025
YTD4.16
3 Years Annualised10.56
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
John Teahan
30/09/2010
Nicholas Purves
30/09/2010
Click here to see others
Inception Date
30/09/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Redwheel UK Value Fund - R GBP Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.130.0097.13
Bond0.000.000.00
Property0.000.000.00
Cash2.870.002.87
Other0.000.000.00
Top 5 Regions%
United Kingdom81.43
Eurozone8.19
United States6.93
Japan1.36
Asia - Developed1.16
Top 5 Sectors%
Financial Services30.05
Consumer Cyclical16.44
Communication Services15.74
Energy13.29
Industrials8.58
Top 5 HoldingsSector%
Standard Chartered PLCFinancial ServicesFinancial Services6.84
NatWest Group PLCFinancial ServicesFinancial Services5.67
Barclays PLCFinancial ServicesFinancial Services5.50
Marks & Spencer Group PLCConsumer CyclicalConsumer Cyclical5.02
Shell PLCEnergyEnergy5.00
Increase Decrease New since last portfolio
Redwheel UK Value Fund - R GBP Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Redwheel UK Value Fund - R GBP Acc
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 20222023202431/03
Price Return-2.1310.0221.133.67
+/- Category-0.061.8112.640.36
+/- Category Index-2.3911.31-1.48
% Rank in Category6220158
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.12   1.051.63
1 Week-1.79   0.130.41
1 Month-2.23   1.971.62
3 Months3.20   1.92-0.23
6 Months9.39   8.365.89
YTD4.16   2.160.20
1 Year19.54   11.588.87
3 Years Annualised10.56   4.943.54
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20253.67---
20245.335.903.934.49
20234.95-2.686.591.05
2022-0.11-4.80-6.8910.53
2021-2.92-0.474.51
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh5 star
5-Year--Not Rated
10-Year--Not Rated
Overall*HighHigh5 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev14.80 %
3-Yr Mean Return11.79 %
 
3-Yr Sharpe Ratio0.49
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK All Cap TME NR GBP
3-Yr Beta1.191.19
3-Yr Alpha2.522.52
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 15780-
Market Capitalisation% of Equity
Giant18.72
Large38.49
Medium34.54
Small7.86
Micro0.39
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings9.040.70
Price/Book0.960.53
Price/Sales0.540.45
Price/Cash Flow4.640.54
Dividend-Yield Factor4.351.22
 
Long-Term Projected Earnings Growth10.401.17
Historical Earnings Growth-11.65-58.04
Sales Growth1.400.27
Cash-Flow Growth-4.90-10.39
Book-Value Growth4.711.12
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.130.0097.13
Bond0.000.000.00
Property0.000.000.00
Cash2.870.002.87
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States6.934.45
Canada0.9317.45
Latin America0.000.00
United Kingdom81.430.85
Eurozone8.196.72
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan1.3615.77
Australasia0.000.00
Asia - Developed1.1611.64
Asia - Emerging0.000.00
 
Category: UK Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.961.07
Consumer CyclicalConsumer Cyclical16.441.91
Financial ServicesFinancial Services30.051.33
Consumer DefensiveConsumer Defensive0.760.05
HealthcareHealthcare4.070.34
UtilitiesUtilities3.270.87
Communication ServicesCommunication Services15.743.79
EnergyEnergy13.291.44
IndustrialsIndustrials8.580.54
TechnologyTechnology1.850.75
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings35
Total Number of Bond Holdings0
Assets in Top 10 Holdings48.78
NameSectorCountry% of Assets
Standard Chartered PLC103United Kingdom6.84
NatWest Group PLC103United Kingdom5.67
Barclays PLC103United Kingdom5.50
Marks & Spencer Group PLC102United Kingdom5.02
Shell PLC309United Kingdom5.00
BP PLC309United Kingdom4.87
Pearson PLC308United Kingdom4.63
GSK PLC206United Kingdom3.95
Aviva PLC103United Kingdom3.71
International Consolidated Airlines G... 310United Kingdom3.59
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyRedwheel Asset Management LLP
Phone+44 (0) 207 227 6000
Website -
AddressVerde, 10 Bressenden Place
 London   SW1E 5DH
 United Kingdom
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date30/09/2014
Fund Advisor(s)
Redwheel Asset Management LLP
Fund ManagerJohn Teahan
Manager Start Date30/09/2010
 
Biography
John joined RWC in September 2010. He was previously portfolio manager at Schroders where he co-managed the Schroder Income Maximiser with Nick Purves and Ian Lance. In addition he co-managed the Schroder Global Dividend Maximiser, Schroder European Dividend Maximiser and Schroder UK Income Defensive funds, all three of which employed a covered call strategy. During his time at Schroders John also specialised in trading and managing derivative securities for a range of structured funds. Previously he worked as a performance and risk analyst for Bank of Ireland Asset Management UK. John is a CFA Charterholder.
Fund ManagerNicholas Purves
Manager Start Date30/09/2010
 
Biography
Nick joined Redwheel in August 2010 to build the Redwheel Value & Income Team together with Ian Lance. He started working with Ian at Schroders in 2007, initially starting as an analyst before moving in to portfolio management where he managed both Institutional Specialist Value funds and the Schroder Income Fund and Income Maximiser Fund together with Ian. During his time at Schroders, Nick was Citywire AAA, and Nick and Ian’s Income fund was Morningstar 5 star rated, AA rated by OBSR, and won the Moneywise award in 2009 in the UK Equity Income and Equity Income and Growth sectors. Nick graduated from Bristol University in 1989 and qualified as a Chartered Accountant in 1993 with KPMG.
Fund ManagerIan Lance
Manager Start Date30/09/2010
 
Biography
Ian joined Redwheel in August 2010 to build the Redwheel Value & Income Team together with Nick Purves. He started working with Nick at Schroders in 2007 before joining Redwheel in August 2010. Whilst at Schroders he was a senior portfolio manager managing the Institutional Specialist Value Funds, the Schroder Income Fund and Income Maximiser Fund together with Nick.During his time at Schroders, Ian was Citywire AAA rated, and Nick and Ian’s Income fund was Morningstar 5 star rated, AA rated by OBSR and won the Moneywise award in 2009 in the UK Equity Income and Equity Income and Growth sectors. Previously Ian was the Head of European Equities and Director of Research at Citigroup Asset Management and Head of Global Research at Gartmore. Ian graduated from Loughborough University in 1988.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.65%
Ongoing Charge0.90%
Purchase Details
Minimum Investments
Initial25000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes