Morningstar Fund Report  | 07/04/2025Print

Liontrust Global Alpha Fund A Acc GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Liontrust Global Alpha Fund A Acc GBP
Fund18.5-34.419.118.3-6.8
+/-Cat3.5-24.69.69.4-3.6
+/-B’mrk-0.5-26.44.4-0.1-2.3
 
Category: Global Flex-Cap Equity
Category Benchmark: Morningstar Global All Cap ...
Key Stats
NAV
07/04/2025		 GBP 7.17
Day Change -4.38%
Morningstar Category™ Global Flex-Cap Equity
IA (formerly IMA) Sector Global
ISIN GB0031190449
Fund Size (Mil)
28/02/2025		 GBP 186.99
Share Class Size (Mil)
04/04/2025		 GBP 17.19
Max Initial Charge -
Ongoing Charge
11/02/2025		  2.08%
Investment Objective: Liontrust Global Alpha Fund A Acc GBP
The investment objective of the Fund is to generate long term capital growth that at the end of any five year period is in excess of the MSCI AC World Index, after the deduction of costs and charges. The Fund invests at least 80%, directly and indirectly, in shares of listed companies selected from across the world (including emerging markets).
Returns
Trailing Returns (GBP)07/04/2025
YTD-16.03
3 Years Annualised-3.03
5 Years Annualised6.45
10 Years Annualised5.70
12 Month Yield 0.00
Management
Manager Name
Start Date
Mark Hawtin
08/05/2024
Pieran Maru
08/05/2024
Inception Date
31/12/2001

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMorningstar Global All Cap TME NR USD
Portfolio Profile for  Liontrust Global Alpha Fund A Acc GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock93.460.0093.46
Bond0.000.000.00
Property0.000.000.00
Cash6.540.006.54
Other0.000.000.00
Top 5 Regions%
United States59.96
Asia - Emerging8.96
United Kingdom5.63
Eurozone5.28
Japan5.10
Top 5 Sectors%
Technology35.95
Consumer Cyclical20.24
Financial Services15.03
Communication Services9.38
Healthcare8.91
Top 5 HoldingsSector%
Alphabet Inc Class ACommunication ServicesCommunication Services3.77
Meta Platforms Inc Class ACommunication ServicesCommunication Services3.75
NVIDIA CorpTechnologyTechnology3.25
Visa Inc Class AFinancial ServicesFinancial Services3.15
Alibaba Group Holding Ltd ADRConsumer CyclicalConsumer Cyclical3.05
Increase Decrease New since last portfolio
Liontrust Global Alpha Fund A Acc GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Liontrust Global Alpha Fund A Acc GBP
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-2.1914.1441.9318.49-34.4319.0918.26-6.83
+/- Category8.33-2.9427.633.46-24.629.619.36-3.61
+/- Category Index2.05-7.2029.43-0.51-26.384.45-0.06-2.31
% Rank in Category13715329991281
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.38   -1.17-0.83
1 Week-9.87   -4.05-2.10
1 Month-14.34   -6.41-3.58
3 Months-17.71   -9.33-4.46
6 Months-10.46   -4.50-2.15
YTD-16.03   -8.55-4.21
1 Year-6.95   -1.79-4.44
3 Years Annualised-3.03   -3.96-6.74
5 Years Annualised6.45   -4.40-6.41
10 Years Annualised5.70   -0.90-3.36
 
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
2025-6.83---
20248.693.00-3.459.41
20237.645.20-1.216.45
2022-11.37-21.150.58-6.70
2021-5.3217.972.623.36
2020-4.7926.648.588.42
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAbove Average2 star
10-YearAverageAbove Average3 star
OverallAverageAbove Average3 star
 
Category :  Global Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.25 %
3-Yr Mean Return0.16 %
 
3-Yr Sharpe Ratio-0.25
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Global All Cap TME NR USD  Morningstar Gbl Growth TME NR USD
3-Yr Beta0.910.85
3-Yr Alpha-7.17-7.02
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 118444-
Market Capitalisation% of Equity
Giant55.67
Large21.75
Medium18.91
Small3.00
Micro0.68
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings23.641.36
Price/Book4.071.71
Price/Sales3.802.01
Price/Cash Flow12.521.19
Dividend-Yield Factor0.820.45
 
Long-Term Projected Earnings Growth11.561.06
Historical Earnings Growth19.293.71
Sales Growth10.833.56
Cash-Flow Growth11.561.58
Book-Value Growth10.521.86
 
Category: Global Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock93.460.0093.46
Bond0.000.000.00
Property0.000.000.00
Cash6.540.006.54
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States59.961.02
Canada1.080.38
Latin America5.073.66
United Kingdom5.630.84
Eurozone5.280.46
Europe - ex Euro3.750.45
Europe - Emerging0.000.00
Africa0.000.00
Middle East1.133.08
Japan5.101.22
Australasia0.000.00
Asia - Developed4.031.63
Asia - Emerging8.963.47
 
Category: Global Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.210.75
Consumer CyclicalConsumer Cyclical20.241.96
Financial ServicesFinancial Services15.031.28
Consumer DefensiveConsumer Defensive2.230.39
HealthcareHealthcare8.910.69
Communication ServicesCommunication Services9.381.33
EnergyEnergy0.880.44
IndustrialsIndustrials4.160.26
TechnologyTechnology35.951.44
 
Category: Global Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings62
Total Number of Bond Holdings0
Assets in Top 10 Holdings30.91
NameSectorCountry% of Assets
Alphabet Inc Class A308United States3.77
Meta Platforms Inc Class A308United States3.75
NVIDIA Corp311United States3.25
Visa Inc Class A103United States3.15
Alibaba Group Holding Ltd ADR102China3.05
Amazon.com Inc102United States3.03
Mastercard Inc Class A103United States2.98
SAP SE311Germany2.75
MercadoLibre Inc102Brazil2.63
Microsoft Corp311United States2.54
 
Increase Decrease New since last portfolio
Category: Global Flex-Cap Equity
 
Management
Name of CompanyLiontrust Fund Partners LLP
Phone+352 464010600
Websitewww.liontrust.co.uk
AddressLiontrust Fund Partners LLP
 London   NULL
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date31/12/2001
Fund Advisor(s)
Liontrust Investment Partners LLP
Fund ManagerMark Hawtin
Manager Start Date08/05/2024
 
Biography
Mark Hawtin is Head of the Global Equities team. Mark joined Liontrust in 2024 from GAM where he was an Investment Director running global long only and long/short funds investing in the disruptive growth & technology sectors. Before joining GAM in 2008 he was a partner and portfolio manager with Marshall Wace Asset Management for eight years, managing one of Europe’s largest technology, media and telecoms hedge funds. Mark Hawtin previously spent seven years at Enskilda Securities, initially as head of sales, before taking responsibility for the international equity business, overseeing pan-European research and trading activities and around a quarter of the investment banking staff.
Fund ManagerPieran Maru
Manager Start Date08/05/2024
 
Biography
Pieran Maru is an investment analyst in the Global Equities team. Pieran joined Liontrust in 2024 from GAM where he covered software and hardware companies in GAM’s Global Equity team. Pieran initially joined GAM in 2017, before moving to the Global Equity team in 2021. Pieran holds a BA in Materials Science from the University of Oxford, the Investment Management Certificate (IMC), Certificate in ESG Investing and has passed CFA Exam Level 1.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge2.00%
Ongoing Charge2.08%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional50  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes