Morningstar Fund Report  | 11/04/2025Print

VT Tyndall North American Fund A GBP Net Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
VT Tyndall North American Fund A GBP Net Accumulation
Fund12.3-10.12.028.3-10.1
+/-Cat-7.22.1-11.410.3-2.0
+/-B’mrk-14.0-0.4-16.62.8-2.4
 
Category: US Flex-Cap Equity
Category Benchmark: Morningstar US Market Ext N...
Key Stats
NAV
10/04/2025		 GBX 183.28
Day Change 5.31%
Morningstar Category™ US Flex-Cap Equity
IA (formerly IMA) Sector North America
ISIN GB00BYPZXW09
Fund Size (Mil)
10/04/2025		 GBP 16.18
Share Class Size (Mil)
10/04/2025		 GBP 0.21
Max Initial Charge -
Ongoing Charge
31/12/2024		  1.55%
Investment Objective: VT Tyndall North American Fund A GBP Net Accumulation
The investment objective of the Fund is to achieve capital growth over the long term (5 years). The sub-Fund will aim to meet its objectives by investing at least 70% in North American (US and Canadian) equities. The sub-Fund may also invest in other transferable securities (such as bonds), collective investment schemes (which may include those managed and/or advised by the ACD or Investment manager), money market instruments, deposits, cash and near cash.
Returns
Trailing Returns (GBP)10/04/2025
YTD-11.71
3 Years Annualised2.72
5 Years Annualised10.83
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Felix Wintle
07/07/2017
Inception Date
06/07/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA North AmericaMorningstar US Market Ext NR USD
Portfolio Profile for  VT Tyndall North American Fund A GBP Net Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock86.670.0086.67
Bond0.000.000.00
Property0.000.000.00
Cash91.9578.6213.33
Other0.000.000.00
Top 5 Regions%
United States97.16
Asia - Emerging2.84
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials20.48
Technology19.60
Financial Services17.56
Consumer Cyclical15.80
Communication Services12.42
Top 5 HoldingsSector%
Fiserv IncTechnologyTechnology5.13
Howmet Aerospace IncIndustrialsIndustrials4.31
Motorola Solutions IncTechnologyTechnology4.12
Costco Wholesale CorpConsumer DefensiveConsumer Defensive3.97
The Goldman Sachs Group IncFinancial ServicesFinancial Services3.61
Increase Decrease New since last portfolio
VT Tyndall North American Fund A GBP Net Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  VT Tyndall North American Fund A GBP Net Accumulation
Category:  US Flex-Cap Equity
Category Index:  Morningstar US Market Ext NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return2.7213.4828.0312.34-10.141.9928.27-10.12
+/- Category6.06-8.9411.89-7.182.11-11.3910.34-2.02
+/- Category Index----13.95-0.37-16.552.75-2.42
% Rank in Category99848051931869
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day5.31   3.96-4.26
1 Week-1.82   5.350.62
1 Month-3.18   5.221.13
3 Months-15.03   1.71-3.54
6 Months-2.44   6.680.95
YTD-11.71   2.90-2.44
1 Year-3.02   2.83-6.92
3 Years Annualised2.72   -0.09-5.12
5 Years Annualised10.83   1.26-3.78
10 Years Annualised-   --
 
Category: US Flex-Cap Equity
Category Index: Morningstar US Market Ext NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-10.12---
202419.30-1.20-5.7415.46
2023-4.432.940.503.15
2022-5.77-2.021.77-4.35
202113.030.32-3.903.09
2020-9.7822.055.849.85
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAverageAverage3 star
10-Year--Not Rated
OverallAverageAverage3 star
 
Category :  US Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.95 %
3-Yr Mean Return5.33 %
 
3-Yr Sharpe Ratio0.07
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Market Ext NR USD  Morningstar US Market Ext NR USD
3-Yr Beta0.700.70
3-Yr Alpha-3.00-3.00
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 62745-
Market Capitalisation% of Equity
Giant11.17
Large47.50
Medium36.72
Small4.61
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings26.121.07
Price/Book4.481.02
Price/Sales3.121.23
Price/Cash Flow12.560.81
Dividend-Yield Factor0.901.24
 
Long-Term Projected Earnings Growth22.271.71
Historical Earnings Growth14.961.10
Sales Growth8.970.94
Cash-Flow Growth17.131.49
Book-Value Growth4.120.48
 
Category: US Flex-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock86.670.0086.67
Bond0.000.000.00
Property0.000.000.00
Cash91.9578.6213.33
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States97.161.03
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging2.8411.58
 
Category: US Flex-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical15.801.19
Financial ServicesFinancial Services17.561.30
Real EstateReal Estate2.502.01
Consumer DefensiveConsumer Defensive7.133.47
HealthcareHealthcare2.420.17
UtilitiesUtilities2.081.88
Communication ServicesCommunication Services12.421.11
IndustrialsIndustrials20.481.81
TechnologyTechnology19.600.68
 
Category: US Flex-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings34
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.60
NameSectorCountry% of Assets
Fiserv Inc311United States5.13
Howmet Aerospace Inc310United States4.31
Motorola Solutions Inc311United States4.12
Costco Wholesale Corp205United States3.97
The Goldman Sachs Group Inc103United States3.61
Axon Enterprise Inc310United States3.56
GoDaddy Inc Class A311United States3.40
AutoZone Inc102United States3.22
T-Mobile US Inc308United States3.14
Copart Inc310United States3.14
 
Increase Decrease New since last portfolio
Category: US Flex-Cap Equity
 
Management
Name of CompanyValu-Trac Investment Management Limited
Phone01343 880344
Websitewww.valu-trac.com
AddressOrton Moray IV32 7QE
 Orton   IV32 7QE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date06/07/2017
Fund Advisor(s)
Odd Asset Management Limited
Fund ManagerFelix Wintle
Manager Start Date07/07/2017
 
Biography
He began his career in September 1999 at City Financial Asset Management, becoming manager of the CF Biotech Fund in 2003. In 2004, the firm was acquired by Neptune Investment Management and he took over management of the Neptune US Opportunities Fund in August 2005, which he ran until May 2016.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge1.55%
Purchase Details
Minimum Investments
Initial10000  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes