Morningstar Fund Report  | 05/04/2025Print

Liontrust Russia Fund A Acc GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Liontrust Russia Fund A Acc GBP
Fund18.5-59.1-13.8-15.68.4
+/-Cat-----
+/-B’mrk-----
 
Category: Other Equity
Category Benchmark: -
Key Stats
NAV
04/04/2025		 GBP 1.77
Day Change -0.69%
Morningstar Category™ Other Equity
IA (formerly IMA) Sector Specialist
ISIN GB00B04H0T52
Fund Size (Mil)
28/02/2025		 GBP 70.87
Share Class Size (Mil)
04/04/2025		 GBP 2.51
Max Initial Charge -
Ongoing Charge
11/02/2025		  1.89%
Investment Objective: Liontrust Russia Fund A Acc GBP
The investment objective of the fund is to generate long term (5 years or more) capital growth. The Fund invests at least 80% in shares of Russian companies. These are companies which, at the time of purchase, are incorporated, domiciled, listed or conduct significant business in Russia.
Returns
Trailing Returns (GBP)04/04/2025
YTD8.31
3 Years Annualised-3.29
5 Years Annualised-13.29
10 Years Annualised-1.78
12 Month Yield 1.79
Management
Manager Name
Start Date
Thomas Smith
01/01/2021
Inception Date
31/12/2004

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Russia 10- 40 NR GBP-
Portfolio Profile for  Liontrust Russia Fund A Acc GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock70.720.0070.72
Bond0.000.000.00
Property0.000.000.00
Cash29.280.0029.28
Other0.000.000.00
Top 5 Regions%
Europe - Emerging74.67
Eurozone25.33
United States0.00
Canada0.00
Latin America0.00
Top 5 Sectors%
Energy32.41
Basic Materials28.36
Communication Services23.62
Financial Services12.64
Industrials2.46
Top 5 HoldingsSector%
Nebius Group NV Shs Class-A-Communication ServicesCommunication Services16.33
Sberbank of Russia PJSCFinancial ServicesFinancial Services5.64
NOVATEK PJSCEnergyEnergy5.59
PhosAgro PJSCBasic MaterialsBasic Materials4.83
PJSC LukoilEnergyEnergy4.70
Increase Decrease New since last portfolio
Liontrust Russia Fund A Acc GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Liontrust Russia Fund A Acc GBP
Category:  Other Equity
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return5.1631.500.1918.51-59.12-13.82-15.568.36
+/- Category--------
+/- Category Index--------
% Rank in Category---
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.69   --
1 Week-2.36   --
1 Month-7.25   --
3 Months6.05   --
6 Months11.95   --
YTD8.31   --
1 Year-16.02   --
3 Years Annualised-3.29   --
5 Years Annualised-13.29   --
10 Years Annualised-1.78   --
 
Category: Other Equity
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20258.36---
20247.42-11.91-13.953.70
2023-20.770.1310.06-1.30
2022-63.9330.54-9.60-3.96
20210.0111.1012.45-5.15
2020-25.0824.360.736.75
 
 
 
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 :  Other EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev28.19 %
3-Yr Mean Return0.25 %
 
3-Yr Sharpe Ratio-0.13
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Tel Aviv SE Makams T-Bill TR ILS
3-Yr Beta-0.87
3-Yr Alpha-0.28
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP --
Market Capitalisation% of Equity
Giant-
Large-
Medium-
Small-
Micro-
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings--
Price/Book--
Price/Sales--
Price/Cash Flow--
Dividend-Yield Factor--
 
Long-Term Projected Earnings Growth--
Historical Earnings Growth--
Sales Growth--
Cash-Flow Growth--
Book-Value Growth--
 
Category: Other Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock70.720.0070.72
Bond0.000.000.00
Property0.000.000.00
Cash29.280.0029.28
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone25.332.05
Europe - ex Euro0.000.00
Europe - Emerging74.6730.17
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Other Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials28.361.94
Consumer CyclicalConsumer Cyclical0.500.05
Financial ServicesFinancial Services12.640.78
Communication ServicesCommunication Services23.623.50
EnergyEnergy32.419.22
IndustrialsIndustrials2.460.21
 
Category: Other Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings18
Total Number of Bond Holdings0
Assets in Top 10 Holdings56.36
NameSectorCountry% of Assets
Nebius Group NV Shs Class-A-308Netherlands16.33
Sberbank of Russia PJSC103Russian Federation5.64
NOVATEK PJSC309Russian Federation5.59
PhosAgro PJSC101Russian Federation4.83
PJSC Lukoil309Russian Federation4.70
Rosneft Oil Co309Russian Federation4.60
Gazprom PJSC309Russian Federation4.38
Polyus PJSC101Russian Federation4.05
Tatneft PJSC ADR309Russian Federation3.13
Moscow Exchange MICEX-RTS PJSC103Russian Federation3.11
 
Increase Decrease New since last portfolio
Category: Other 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 Date31/12/2004
Fund Advisor(s)
Liontrust Investment Partners LLP
Fund ManagerThomas Smith
Manager Start Date01/01/2021
Career Start Year2009
Education
Wabash College, B.A.
St. Louis University Law School, J.D.
St. Louis University Business School, M.B.A.
 
Biography
Thomas manages the Liontrust Russia Fund and the Liontrust Latin America Fund. Thomas joined Liontrust in October 2019 as part of the company’s acquisition of Neptune Investment Management. He also leads the team’s research on the energy and utilities sectors and has a Master’s degree in Chemistry from the Oxford University.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.75%
Ongoing Charge1.89%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional50  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes