Morningstar Fund Report  | 11/04/2025Print

AI Stewardship UK Equity Fund Insured Pension Accumulation Units

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
AI Stewardship UK Equity Fund Insured Pension Accumulation Units
Fund15.6-6.06.910.82.2
+/-Cat-2.3-3.9-1.32.3-1.1
+/-B’mrk---0.80.9-3.0
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
10/04/2025		 GBP 1.23
Day Change 4.41%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector -
ISIN GB00BKBQB924
Fund Size (Mil)
09/04/2025		 GBP 1026.85
Share Class Size (Mil)
09/04/2025		 GBP 898.44
Max Initial Charge -
Ongoing Charge
07/04/2025		  0.02%
Investment Objective: AI Stewardship UK Equity Fund Insured Pension Accumulation Units
The Sub-Fund aims to: (i) grow investors investment and provide an average annual net return greater than the FTSE® All-Share Custom Index over a rolling 5 year period through investment in shares of UK companies; and (ii) make investments with an overall positive alignment to the UN Sustainable Development Goals (“SDGs”) as defined by the Investment Manager’s Sustainable Stewardship Investment Policy (“SSIP”). At least 85% of the Sub-Fund will be invested in shares of companies domiciled or incorporated in the UK.
Returns
Trailing Returns (GBP)10/04/2025
YTD-3.60
3 Years Annualised3.73
5 Years Annualised7.69
10 Years Annualised-
12 Month Yield 3.12
Management
Manager Name
Start Date
Charlotte Meyrick
04/01/2022
Trevor Green
07/04/2015
Inception Date
21/11/2019

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Custom All-Share TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  AI Stewardship UK Equity Fund Insured Pension Accumulation Units28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.410.0095.41
Bond0.030.000.03
Property0.000.000.00
Cash3.471.072.40
Other2.160.002.16
Top 5 Regions%
United Kingdom100.00
United States0.00
Canada0.00
Latin America0.00
Eurozone0.00
Top 5 Sectors%
Financial Services31.08
Healthcare17.03
Industrials13.84
Consumer Defensive13.50
Consumer Cyclical11.37
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare10.22
HSBC Holdings PLCFinancial ServicesFinancial Services6.94
Unilever PLCConsumer DefensiveConsumer Defensive6.59
London Stock Exchange Group PLCFinancial ServicesFinancial Services6.04
RELX PLCIndustrialsIndustrials5.76
Increase Decrease New since last portfolio
AI Stewardship UK Equity Fund Insured Pension Accumulation Units
Growth Of 1000 (GBP) 31/03/2025
Fund:  AI Stewardship UK Equity Fund Insured Pension Accumulation Units
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
 2020202120222023202431/03
Price Return-6.1715.64-6.016.8610.752.19
+/- Category2.93-2.32-3.94-1.352.26-1.13
+/- Category Index----0.760.93-2.97
% Rank in Category-
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day4.41   6.067.29
1 Week-4.87   4.555.72
1 Month-6.81   3.684.39
3 Months-3.68   3.483.15
6 Months-3.53   3.362.21
YTD-3.60   3.142.03
1 Year3.45   5.162.97
3 Years Annualised3.73   1.520.71
5 Years Annualised7.69   -0.50-1.13
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
20252.19---
20244.164.253.43-1.39
20233.800.890.002.04
2022-4.36-4.46-6.8110.37
20213.766.212.192.68
2020-23.8413.48-0.509.11
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.54 %
3-Yr Mean Return6.61 %
 
3-Yr Sharpe Ratio0.21
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.950.97
3-Yr Alpha-1.31-1.06
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 30903-
Market Capitalisation% of Equity
Giant41.08
Large35.64
Medium15.46
Small5.76
Micro2.05
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.151.09
Price/Book2.121.18
Price/Sales1.451.21
Price/Cash Flow13.031.51
Dividend-Yield Factor3.350.94
 
Long-Term Projected Earnings Growth9.201.04
Historical Earnings Growth6.3331.54
Sales Growth6.211.21
Cash-Flow Growth5.4511.56
Book-Value Growth5.111.21
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.410.0095.41
Bond0.030.000.03
Property0.000.000.00
Cash3.471.072.40
Other2.160.002.16
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom100.001.05
Eurozone0.000.00
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: UK Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical11.371.32
Financial ServicesFinancial Services31.081.38
Real EstateReal Estate1.110.57
Consumer DefensiveConsumer Defensive13.500.98
HealthcareHealthcare17.031.41
UtilitiesUtilities4.661.25
Communication ServicesCommunication Services2.570.62
IndustrialsIndustrials13.840.88
TechnologyTechnology4.841.96
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings38
Total Number of Bond Holdings0
Assets in Top 10 Holdings55.63
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom10.22
HSBC Holdings PLC103United Kingdom6.94
Unilever PLC205United Kingdom6.59
London Stock Exchange Group PLC103United Kingdom6.04
RELX PLC310United Kingdom5.76
Compass Group PLC102United Kingdom5.31
National Grid PLC207United Kingdom3.73
Barclays PLC103United Kingdom3.72
Standard Chartered PLC103United Kingdom3.68
GSK PLC206United Kingdom3.64
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyAviva Investors UK Fund Services Limited
Phone+44 8000512003
Websitewww.avivainvestors.co.uk
Address80 Fenchurch Street
 London   EC3M 4AE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSNo
Inception Date21/11/2019
Fund Advisor(s)
Aviva Investors Global Services Limited
Fund ManagerCharlotte Meyrick
Manager Start Date04/01/2022
Career Start Year2012
Education
University of Bath, B.S.
 
Biography
Charlotte manages the Aviva Investors Small and Mid-Cap Equity Fund. Charlotte joined the investment industry in June 2012 as a UK equity analyst as part of the Aviva Investors graduate training scheme providing analytical and research coverage of the retail and leisure sectors. Charlotte holds a BSc in Business Administration from Bath University, and is a CFA® charterholder.
Fund ManagerTrevor Green
Manager Start Date07/04/2015
Career Start Year1990
Education
Aberdeen University, B.A.
 
Biography
Trevor is Head of UK equities and co-portfolio manager for our UK Equity Institutional, UK Equity Income and UK Smaller Companies strategies. Within the UK Equities team, Trevor also has sector coverage responsibilities for IT & Communication Services. Prior to joining Aviva Investors, Trevor was a fund manager at Henderson Global Investors, where he was co-manager of the Henderson Managed Distribution Fund. Before this, Trevor worked at New Star Asset Management and before that spent nearly six years at RCM running pan-European institutional mandates. He has also worked at Credit Suisse Asset Management and started his career at Capel Cure Myers, managing both retail and institutional funds. Trevor holds a BA (Hons) in Economics from Aberdeen University and the Securities Institute Diploma.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge0.02%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes