Morningstar Fund Report  | 03/04/2025Print

HL Multi-Manager Special Situations Trust A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
HL Multi-Manager Special Situations Trust A Acc
Fund13.7-12.912.714.7-4.1
+/-Cat-1.4-3.13.35.8-1.0
+/-B’mrk-5.3-4.9-1.9-3.60.4
 
Category: Global Flex-Cap Equity
Category Benchmark: Morningstar Global All Cap ...
Key Stats
NAV
01/04/2025		 GBX 517.38
Day Change 0.71%
Morningstar Category™ Global Flex-Cap Equity
IA (formerly IMA) Sector Global
ISIN GB0030281066
Fund Size (Mil)
28/02/2025		 GBP 1824.42
Share Class Size (Mil)
01/04/2025		 GBP 1719.81
Max Initial Charge 5.00%
Ongoing Charge
01/01/2025		  1.09%
Investment Objective: HL Multi-Manager Special Situations Trust A Acc
The Fund aims to grow the value of your investment over any 5-year period. At least 80% of the Fund will be invested in a broad range of shares of global companies. This includes companies listed in the UK, developed overseas markets and emerging markets.
Returns
Trailing Returns (GBP)01/04/2025
YTD-3.39
3 Years Annualised5.75
5 Years Annualised10.68
10 Years Annualised6.65
12 Month Yield 0.58
Management
Manager Name
Start Date
David Smith
31/10/2022
Ziad Abou Gergi
01/01/2022
Inception Date
03/04/2001

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA GlobalMorningstar Global All Cap TME NR USD
Portfolio Profile for  HL Multi-Manager Special Situations Trust A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.770.0398.74
Bond0.010.000.01
Property0.000.000.00
Cash3.752.810.94
Other0.310.000.31
Top 5 Regions%
United States59.13
Eurozone12.48
United Kingdom7.17
Japan4.78
Asia - Emerging4.48
Top 5 Sectors%
Technology24.66
Financial Services15.15
Consumer Cyclical14.12
Industrials11.20
Communication Services11.14
Top 5 HoldingsSector%
HL US Z GBP Acc30.00
iShares Core S&P 500 ETF USD Acc8.69
BlackRock GlbUncons Eq Fd (UK) X... 5.91
Robeco BP Global Premium Eqs Z GBP5.24
iShares S&P 500 Swap ETF USD Acc4.42
Increase Decrease New since last portfolio
HL Multi-Manager Special Situations Trust A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  HL Multi-Manager Special Situations Trust A Acc
Category:  Global Flex-Cap Equity
Category Index:  Morningstar Global All Cap TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.1415.256.0013.66-12.9212.7314.67-4.07
+/- Category2.38-1.83-8.30-1.37-3.113.265.77-0.99
+/- Category Index-3.91-6.09-6.49-5.34-4.87-1.91-3.650.44
% Rank in Category4065725658262248
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.71   0.570.25
1 Week-2.27   0.42-0.01
1 Month-4.98   -0.170.77
3 Months-3.39   -0.340.69
6 Months0.51   2.17-0.64
YTD-3.39   -0.340.68
1 Year2.26   3.66-1.96
3 Years Annualised5.75   2.91-1.17
5 Years Annualised10.68   -0.86-4.31
10 Years Annualised6.65   -0.47-3.40
 
Category: Global Flex-Cap Equity
Category Index: Morningstar Global All Cap TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.07---
20248.332.37-0.804.23
20233.252.840.066.10
2022-7.51-9.212.301.36
20212.866.352.491.38
2020-21.4017.133.8810.84
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageLow4 star
5-YearAverageBelow Average3 star
10-YearAverageBelow Average3 star
OverallAverageBelow Average3 star
 
Category :  Global Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.94 %
3-Yr Mean Return5.80 %
 
3-Yr Sharpe Ratio0.17
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Global All Cap TME NR USD  Morningstar EAA USD Agg Tgt Alloc NR USD
3-Yr Beta0.840.99
3-Yr Alpha-1.42-0.96
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 103664-
Market Capitalisation% of Equity
Giant47.69
Large27.89
Medium19.64
Small4.65
Micro0.13
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings18.721.08
Price/Book3.011.27
Price/Sales2.151.14
Price/Cash Flow12.231.17
Dividend-Yield Factor1.991.09
 
Long-Term Projected Earnings Growth10.650.98
Historical Earnings Growth10.872.09
Sales Growth5.751.89
Cash-Flow Growth8.191.12
Book-Value Growth7.511.33
 
Category: Global Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.770.0398.74
Bond0.010.000.01
Property0.000.000.00
Cash3.752.810.94
Other0.310.000.31
World Regions28/02/2025
 % of EquityRelative to Category
United States59.131.01
Canada0.360.12
Latin America1.120.81
United Kingdom7.171.07
Eurozone12.481.09
Europe - ex Euro4.430.53
Europe - Emerging0.171.34
Africa0.160.40
Middle East0.020.04
Japan4.781.14
Australasia1.302.58
Asia - Developed4.411.78
Asia - Emerging4.481.73
 
Category: Global Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.820.66
Consumer CyclicalConsumer Cyclical14.121.37
Financial ServicesFinancial Services15.151.29
Real EstateReal Estate1.320.49
Consumer DefensiveConsumer Defensive5.640.99
HealthcareHealthcare10.310.80
UtilitiesUtilities1.710.79
Communication ServicesCommunication Services11.141.58
EnergyEnergy1.930.96
IndustrialsIndustrials11.200.70
TechnologyTechnology24.660.99
 
Category: Global Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings142
Total Number of Bond Holdings0
Assets in Top 10 Holdings73.47
NameSectorCountry% of Assets
HL US Z GBP AccUnited Kingdom30.00
iShares Core S&P 500 ETF USD AccIreland8.69
BlackRock GlbUncons Eq Fd (UK) X GBPAccUnited Kingdom5.91
Robeco BP Global Premium Eqs Z GBPLuxembourg5.24
iShares S&P 500 Swap ETF USD AccIreland4.42
Amundi S&P 500 II ETF AccLuxembourg4.41
Invesco Global Emerg Mkts (UK) M AccUnited Kingdom4.29
Amundi MSCI World ETF DR USD AccIreland3.96
Polar Cptl Eurp Ex UK Inc Z GBP AccIreland3.33
JPM Europe Dynamic (ex-UK) X Net AccUnited Kingdom3.22
 
Increase Decrease New since last portfolio
Category: Global Flex-Cap Equity
 
Management
Name of CompanyHargreaves Lansdown Fund Managers Ltd
Phone+44 117 9009000
Websitewww.hl.co.uk
AddressOne College Square South, Anchor Road
 Bristol   BS1 5HL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSNo
Inception Date03/04/2001
Fund Advisor(s)
Hargreaves Lansdown Fund Managers Ltd
Fund ManagerDavid Smith
Manager Start Date31/10/2022
Education
Univerisity College London, BSc (Hons)
Loughborough University, M.S.
 
Biography
David joined HLFM in February 2008 from Citywire, where he was a founder member of the award-winning editorial team, and later became head of investment analysis. David holds a BSc (Hons) from University College London and an MSc from Loughborough University. David also holds the Investment Management Certificate (IMC) and is a Chartered Alternative Investment Analyst (CAIA) charterholder.
Fund ManagerZiad Abou Gergi
Manager Start Date01/01/2022
 
Biography
Ziad started his investment career with Barclays in 2005 as an equity portfolio manager and sector analyst in Paris. He moved to their London office in 2011 to join the multi-manager team covering various equity markets and managing the firm’s mixed assets. Ziad holds Masters degrees in both Economics & Management, as well as being a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge1.09%
Purchase Details
Minimum Investments
Initial150000  GBP
Additional150000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes