Morningstar Fund Report  | 01/04/2025Print

TT UK Equity A Income

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
TT UK Equity A Income
Fund24.74.46.16.56.3
+/-Cat6.76.5-2.1-1.90.1
+/-B’mrk---1.5-3.3-1.1
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
28/03/2025		 GBP 40.17
Day Change -0.09%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector -
ISIN IE0034270375
Fund Size (Mil)
28/03/2025		 GBP 35.97
Share Class Size (Mil)
28/03/2025		 GBP 10.78
Max Initial Charge 0.70%
Ongoing Charge
19/02/2025		  0.80%
Investment Objective: TT UK Equity A Income
The investment objective of the Fund is to produce long term capital growth. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of primarily equity and equity-related securities of companies that are listed in the United Kingdom which the Investment Manager believes have sound prospects for sustainable growth and represent value in the form of assets and earnings. Under normal market conditions the Fund will invest at least 80 per cent. of the total Net Asset Value of the Fund in equity or equity-related securities of companies that are listed on the exchanges included in the FTSE All Share Index (the “Benchmark Index”), including common stocks, preferred stocks, warrants (not more than 5 per cent. of the Net Asset Value of the Fund) and convertible debt securities including non-investment grade debt securities.
Returns
Trailing Returns (GBP)28/03/2025
YTD4.55
3 Years Annualised7.68
5 Years Annualised18.37
10 Years Annualised8.58
12 Month Yield 3.13
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Andrew Raikes
05/04/2004
Inception Date
05/04/2004

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  TT UK Equity A Income28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.400.0097.40
Bond0.000.000.00
Property0.000.000.00
Cash2.600.002.60
Other0.000.000.00
Top 5 Regions%
United Kingdom78.06
Eurozone12.20
Europe - ex Euro6.02
United States1.42
Africa1.18
Top 5 Sectors%
Financial Services21.06
Industrials18.66
Consumer Defensive15.39
Consumer Cyclical14.81
Basic Materials9.38
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare7.60
HSBC Holdings PLCFinancial ServicesFinancial Services5.25
Lloyds Banking Group PLCFinancial ServicesFinancial Services3.66
Barclays PLCFinancial ServicesFinancial Services2.94
Glencore PLCBasic MaterialsBasic Materials2.94
Increase Decrease New since last portfolio
TT UK Equity A Income
Growth Of 1000 (GBP) 28/02/2025
Fund:  TT UK Equity A Income
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-14.7720.1811.2524.674.416.106.556.27
+/- Category-4.950.8320.356.706.48-2.11-1.950.12
+/- Category Index------1.53-3.28-1.14
% Rank in Category94331318908258
Trailing Returns (GBP)28/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.09   -0.49-0.02
1 Week-0.09   -0.48-0.36
1 Month-1.62   -0.29-0.50
3 Months4.59   -0.13-1.96
6 Months0.16   -2.62-4.84
YTD4.55   0.16-1.65
1 Year7.15   -2.50-5.62
3 Years Annualised7.68   1.11-0.43
5 Years Annualised18.37   6.745.58
10 Years Annualised8.58   3.222.53
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20243.962.892.91-3.21
20233.79-0.17-0.693.12
2022-0.461.63-4.728.32
202114.585.071.841.68
2020-15.1615.51-2.6916.66
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearHighBelow Average5 star
10-YearHighLow5 star
OverallHighBelow Average5 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev10.97 %
3-Yr Mean Return8.71 %
 
3-Yr Sharpe Ratio0.41
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK All Cap TME NR GBP
3-Yr Beta0.890.89
3-Yr Alpha-0.14-0.14
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 18038-
Market Capitalisation% of Equity
Giant21.59
Large37.32
Medium28.40
Small12.70
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.710.98
Price/Book1.911.05
Price/Sales0.850.71
Price/Cash Flow8.490.98
Dividend-Yield Factor2.950.83
 
Long-Term Projected Earnings Growth8.340.94
Historical Earnings Growth5.9129.45
Sales Growth8.951.74
Cash-Flow Growth-0.05-0.11
Book-Value Growth6.541.55
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.400.0097.40
Bond0.000.000.00
Property0.000.000.00
Cash2.600.002.60
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States1.420.91
Canada1.1120.85
Latin America0.000.00
United Kingdom78.060.82
Eurozone12.2010.01
Europe - ex Euro6.024.30
Europe - Emerging0.000.00
Africa1.18168.48
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
Basic MaterialsBasic Materials9.381.68
Consumer CyclicalConsumer Cyclical14.811.72
Financial ServicesFinancial Services21.060.93
Real EstateReal Estate1.330.68
Consumer DefensiveConsumer Defensive15.391.11
HealthcareHealthcare8.930.74
UtilitiesUtilities4.671.25
Communication ServicesCommunication Services0.430.10
EnergyEnergy5.330.58
IndustrialsIndustrials18.661.18
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings55
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.69
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom7.60
HSBC Holdings PLC103United Kingdom5.25
Lloyds Banking Group PLC103United Kingdom3.66
Barclays PLC103United Kingdom2.94
Glencore PLC101Switzerland2.94
BAE Systems PLC310United Kingdom2.75
Experian PLC310United Kingdom2.70
Kingspan Group PLC310Ireland2.64
Compass Group PLC102United Kingdom2.61
DCC PLC309United Kingdom2.59
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyTT International Asset Management Ltd
Phone-
Website -
Address62 Threadneedle Street
 -   -
 United Kingdom
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date05/04/2004
Fund Advisor(s)
TT International Asset Management Ltd
Fund ManagerAndrew Raikes
Manager Start Date05/04/2004
Career Start Year1995
Education
University of Oxford, B.A.
 
Biography
Andy is Co-Portfolio Manager of TT's Environmental Solutions Fund and also Head of European Research. Andy joined TT in 2002 from Deutsche Asset Management where he was a Director and Head of the Global Retail and Leisure Team. Andy graduated from the University of Oxford with a BA and MEng.​
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge0.70%
Max Exit Charge*2.00%
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge0.80%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional100000  GBP
Savings0  GBP
Tax Free Savings Schemes
ISAsYes