Morningstar Fund Report  | 02/04/2025Print

FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation
Fund6.1-4.5-7.7-5.6-2.1
+/-Cat-5.2-5.1-6.2-10.3-4.1
+/-B’mrk-6.8-16.9-8.5-22.8-4.0
 
Category: Sector Equity Infrastructure
Category Benchmark: S&P Global Infrastructure T...
Key Stats
NAV
01/04/2025		 GBX 113.51
Day Change 0.75%
Morningstar Category™ Sector Equity Infrastructure
IA (formerly IMA) Sector Infrastructure
ISIN GB00BF0VS922
Fund Size (Mil)
30/09/2024		 GBP 286.10
Share Class Size (Mil)
01/04/2025		 GBP 148.27
Max Initial Charge -
Ongoing Charge
17/02/2025		  0.65%
Investment Objective: FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation
The investment objective of the Fund is to generate income (money paid out by an investment) and preserve capital with potential for capital growth (the increase in value of an investment) over an investment term of 5 years. The Fund will invest a minimum of 70% in GBP denominated, London Stock Exchange listed: • closed-ended investment trusts (a type of public listed company which invests in the shares of companies), • real estate investment trusts (a type of company that owns, operates or finances income generating real estate) and • exchange traded funds (a type of fund traded on a stock exchange) which, in each case, are invested in UK companies and assets domiciled, incorporated or which have a significant proportion of their business in the UK.
Returns
Trailing Returns (GBP)01/04/2025
YTD-1.06
3 Years Annualised-7.19
5 Years Annualised-0.30
10 Years Annualised-
12 Month Yield 4.58
Management
Manager Name
Start Date
Nick Scullion
01/09/2018
Aqib Hashamali
01/06/2022
Inception Date
04/12/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not benchmarkS&P Global Infrastructure TR USD
Portfolio Profile for  FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock29.400.0029.40
Bond5.880.005.88
Property0.000.000.00
Cash1.180.580.59
Other64.120.0064.12
Top 5 Regions%
United Kingdom42.84
United States36.61
Eurozone11.73
Canada8.82
Latin America0.00
Top 5 Sectors%
Real Estate69.70
Utilities30.30
Top 5 HoldingsSector%
3i Infrastructure Ord8.25
Renewables Infrastructure Grp7.98
Greencoat UK Wind7.13
Sequoia Economic Infrastructure ... 6.27
Cordiant Digital Infrastructure Ord4.96
Increase Decrease New since last portfolio
FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation
Growth Of 1000 (GBP) 28/02/2025
Fund:  FP Foresight UK Infrastructure Income Fund Class A GBP Accumulation
Category:  Sector Equity Infrastructure
Category Index:  S&P Global Infrastructure TR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return6.9319.54-0.946.10-4.54-7.73-5.63-2.07
+/- Category11.042.43-0.27-5.24-5.14-6.18-10.33-4.14
+/- Category Index10.81-2.557.74-6.80-16.95-8.50-22.78-3.97
% Rank in Category350367881919397
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.75   0.920.24
1 Week0.68   1.17-0.26
1 Month1.02   1.200.93
3 Months-1.06   -3.07-3.07
6 Months-8.43   -8.51-13.80
YTD-1.06   -3.07-3.07
1 Year1.76   -4.43-15.08
3 Years Annualised-7.19   -7.92-13.91
5 Years Annualised-0.30   -7.10-14.34
10 Years Annualised-   --
 
Category: Sector Equity Infrastructure
Category Index: S&P Global Infrastructure TR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2024-8.243.876.54-7.06
2023-4.85-6.23-5.219.09
20222.43-0.45-6.02-0.39
2021-1.383.170.273.99
2020-11.858.190.393.47
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowBelow Average1 star
5-YearLowLow1 star
10-Year--Not Rated
OverallLowLow1 star
 
Category :  Sector Equity InfrastructureClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev11.68 %
3-Yr Mean Return-5.42 %
 
3-Yr Sharpe Ratio-0.80
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 S&P Global Infrastructure TR USD  S&P Global Infrastructure TR USD
3-Yr Beta0.870.87
3-Yr Alpha-14.89-14.89
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 8721-
Market Capitalisation% of Equity
Giant0.00
Large36.76
Medium26.64
Small36.59
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings17.781.09
Price/Book1.470.73
Price/Sales3.732.00
Price/Cash Flow9.921.30
Dividend-Yield Factor5.541.42
 
Long-Term Projected Earnings Growth5.360.65
Historical Earnings Growth-15.28-2.71
Sales Growth1.831.20
Cash-Flow Growth-8.04-1.06
Book-Value Growth1.660.49
 
Category: Sector Equity Infrastructure
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock29.400.0029.40
Bond5.880.005.88
Property0.000.000.00
Cash1.180.580.59
Other64.120.0064.12
World Regions28/02/2025
 % of EquityRelative to Category
United States36.610.72
Canada8.820.84
Latin America0.000.00
United Kingdom42.845.26
Eurozone11.730.64
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Sector Equity Infrastructure
Sector Weightings28/02/2025
 % of EquityRelative to Category
Real EstateReal Estate69.707.03
UtilitiesUtilities30.300.67
 
Category: Sector Equity Infrastructure
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings9
Total Number of Bond Holdings0
Assets in Top 10 Holdings57.85
NameSectorCountry% of Assets
3i Infrastructure OrdJersey8.25
Renewables Infrastructure GrpGuernsey7.98
Greencoat UK WindUnited Kingdom7.13
Sequoia Economic Infrastructure Inc OrdGuernsey6.27
Cordiant Digital Infrastructure OrdGuernsey4.96
International Public Partnerships OrdGuernsey4.90
HICL Infrastructure PLC OrdUnited Kingdom4.79
Greencoat RenewablesIreland4.74
Primary Health Properties PLC104United Kingdom4.65
Foresight Environmental Infra OrdGuernsey4.19
 
Increase Decrease New since last portfolio
Category: Sector Equity Infrastructure
 
Management
Name of CompanyForesight Group LLP
Phone+44 (0)20 3667 8100
Websitehttps://www.foresightgroup.eu/
AddressTHE SHARD
 London   SE1 9SG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date04/12/2017
Fund Advisor(s)
Foresight Group LLP
Fund ManagerNick Scullion
Manager Start Date01/09/2018
 
Biography
Nick Scullion is the Head of Foresight Capital Management and is responsible for investment decisions, fund management and the growth of Foresight’s open-ended fund business. Nick joined Foresight in 2017 and has 9 years' experience in fund management, capital markets and corporate finance. Nick spent almost two years in Foresight's New Product Development team where he was responsible for the development of new business undertakings, from concept to execution, across a variety of sectors including infrastructure, private equity, project finance and venture capital. Prior to joining Foresight, Nick worked at EY as a Transaction Advisor where he focused on M&A and corporate strategy. He has also worked as a Management Consultant at Accenture focusing on corporate banking.
Fund ManagerAqib Hashamali
Manager Start Date01/06/2022
Career Start Year2016
 
Biography
Aqib has 8+ years of investment experience in public markets and listed real assets. Aqib joined Foresight group in 2021 and has previous experience in multi asset research and portfolio management. Aqib graduated from the University of Bath with an economics degree 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 Charge0.65%
Ongoing Charge0.65%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional500  GBP
Savings-
Tax Free Savings Schemes
ISAsYes