Morningstar Fund Report  | 10/04/2025Print

IFSL Evenlode Global Income Fund B Accumulation USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
IFSL Evenlode Global Income Fund B Accumulation USD
Fund22.5-5.79.34.01.1
+/-Cat4.2-4.92.0-6.40.4
+/-B’mrk2.1-12.54.6-9.40.4
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
10/04/2025		 USD 1.67
Day Change 3.75%
Morningstar Category™ Global Equity Income
ISIN GB00BF1QNB31
Fund Size (Mil)
31/03/2025		 GBP 1563.87
Share Class Size (Mil)
31/03/2025		 GBP 0.04
Max Initial Charge -
Ongoing Charge
30/11/2025		  0.84%
Investment Objective: IFSL Evenlode Global Income Fund B Accumulation USD
The investment objective of the fund is to provide income and capital growth over Rolling Periods of 5 years with an emphasis on income. At least 80% of the fund will be invested in equity securities of companies listed on international exchanges.
Returns
Trailing Returns (GBP)10/04/2025
YTD-1.88
3 Years Annualised3.23
5 Years Annualised8.77
10 Years Annualised-
12 Month Yield 2.43
Management
Manager Name
Start Date
Ben Peters
20/11/2017
Chris Elliott
20/11/2017
Inception Date
20/11/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR GBPMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  IFSL Evenlode Global Income Fund B Accumulation USD31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.360.0099.36
Bond0.000.000.00
Property0.000.000.00
Cash0.640.000.64
Other0.000.000.00
Top 5 Regions%
United States31.78
Eurozone30.58
United Kingdom22.42
Europe - ex Euro11.02
Australasia2.23
Top 5 Sectors%
Consumer Defensive23.34
Technology20.21
Healthcare20.01
Industrials18.87
Financial Services7.03
Top 5 HoldingsSector%
L'Oreal SAConsumer DefensiveConsumer Defensive4.35
Unilever PLCConsumer DefensiveConsumer Defensive4.18
Reckitt Benckiser Group PLCConsumer DefensiveConsumer Defensive4.06
Nestle SAConsumer DefensiveConsumer Defensive3.75
Medtronic PLCHealthcareHealthcare3.68
Increase Decrease New since last portfolio
IFSL Evenlode Global Income Fund B Accumulation USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  IFSL Evenlode Global Income Fund B Accumulation USD
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return2.8724.183.6122.48-5.689.313.981.14
+/- Category8.787.261.724.23-4.912.03-6.420.35
+/- Category Index---2.13-12.494.55-9.390.41
% Rank in Category14391678328943
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day3.75   4.730.32
1 Week-2.15   5.643.72
1 Month-6.99   2.48-0.25
3 Months-4.19   4.122.61
6 Months-3.59   2.43-0.01
YTD-1.88   4.573.12
1 Year-0.72   0.51-1.96
3 Years Annualised3.23   -0.14-1.65
5 Years Annualised8.77   -0.54-2.31
10 Years Annualised-   --
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.14---
20243.84-1.743.86-1.88
20235.441.27-2.655.16
2022-4.71-5.260.214.26
20214.197.102.247.36
2020-15.0516.331.703.09
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAverage2 star
10-Year--Not Rated
OverallBelow AverageAverage2 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.04 %
3-Yr Mean Return4.81 %
 
3-Yr Sharpe Ratio0.08
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar Dev Europe Grt TME NR EUR
3-Yr Beta0.820.69
3-Yr Alpha-2.38-1.29
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 50807-
Market Capitalisation% of Equity
Giant32.05
Large47.78
Medium20.17
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings17.961.13
Price/Book3.921.52
Price/Sales2.591.39
Price/Cash Flow13.631.23
Dividend-Yield Factor2.810.85
 
Long-Term Projected Earnings Growth6.930.77
Historical Earnings Growth-0.37-0.09
Sales Growth3.811.19
Cash-Flow Growth2.662.45
Book-Value Growth5.041.13
 
Category: Global Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.360.0099.36
Bond0.000.000.00
Property0.000.000.00
Cash0.640.000.64
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States31.780.64
Canada0.000.00
Latin America0.000.00
United Kingdom22.422.42
Eurozone30.581.71
Europe - ex Euro11.021.46
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan1.970.47
Australasia2.231.77
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Global Equity Income
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.940.52
Consumer CyclicalConsumer Cyclical5.150.65
Financial ServicesFinancial Services7.030.35
Consumer DefensiveConsumer Defensive23.342.07
HealthcareHealthcare20.011.57
Communication ServicesCommunication Services3.450.60
IndustrialsIndustrials18.871.51
TechnologyTechnology20.211.23
 
Category: Global Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings39
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.60
NameSectorCountry% of Assets
L'Oreal SA205France4.35
Unilever PLC205United Kingdom4.18
Reckitt Benckiser Group PLC205United Kingdom4.06
Nestle SA205Switzerland3.75
Medtronic PLC206United States3.68
Experian PLC310United Kingdom3.61
Microsoft Corp311United States3.54
Deutsche Boerse AG103Germany3.49
CME Group Inc Class A103United States3.49
Paychex Inc311United States3.43
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyEvenlode Investment Management Limited
Phone-
Website -
AddressThe Long Barn
 Oxfordshire   -
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date20/11/2017
Fund Advisor(s)
Evenlode Investment Management Limited
Fund ManagerBen Peters
Manager Start Date20/11/2017
 
Biography
Ben is having co-founded Evenlode Investment in 2009 with the launch of the TB Evenlode Income fund. Ben is a member of the CFA Society of the UK and holds the Investment Management Certificate. He also holds a doctorate from the University of Oxford and a first-class degree from University College London, both in the field of physics.
Fund ManagerChris Elliott
Manager Start Date20/11/2017
 
Biography
Chris studied Maths and Economics at Cambridge University and then spent 5 years as a senior software engineer at Oxford University Press, before joining Evenlode Investment Management in March 2015. Chris is a member of the CFA Society of the UK and has successfully passed the examinations for all three levels of the Chartered Financial Analyst qualification.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.85%
Ongoing Charge0.84%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes