Premier Miton Cautious Monthly Income Class B - Accumulation (GBP)
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Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |||
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Performance fee: | No | ||
Ongoing charge (OCF/TER): | 0.89% | ||
Ongoing saving from HL: | 0.00% | ||
Net ongoing charge: | 0.89% | ||
There are other unit types of this fund available: | |||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
15/08/19 to 15/08/20 | 15/08/20 to 15/08/21 | 15/08/21 to 15/08/22 | 15/08/22 to 15/08/23 | 15/08/23 to 15/08/24 | |
---|---|---|---|---|---|
Annual return | -0.66% | 17.20% | -3.18% | -1.44% | 12.11% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The objective of the fund is to achieve income and capital growth, over the long term, being five years or more. Five years is also the minimum recommended term for holding units in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The Investment Manager aims to achieve the objective of the fund by investing in a diversified portfolio of global investments covering different assets, which will include equities (company shares), fixed income (including bonds issued by governments and companies), cash and cash deposits. Exposure to investments in property and commodities will be indirect, for example through property company shares and exchange traded funds. The Investment Manager will assess the broad economic environment, focusing on areas such as economic growth, inflation expectations and the outlook for interest rates, to determine the attractiveness of the asset classes in which the fund can invest. The Investment Manager will maintain exposure to a broad spread of underlying assets, although the combined holdings in equities and fixed income will make up the largest part of the fund. In order to create a diversified portfolio, the Investment Manager will usually maintain a portfolio of at least 100 individual investments. The fund may invest in derivatives and forward transactions (these are contracts whose value is based on the change in price of an underlying investment), for the purposes of efficient portfolio management including hedging (hedging is designed to offset the risk of another investment falling in price). Income generated from investments will be distributed monthly by way of dividend distributions.
Income Details
Security | Weight |
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Invesco Markets Plc Invesco Physical Gold ETC - | 3.19% |
Barclays 8.407% 14/11/2032 | 1.17% |
ENGIE | 1.04% |
INTESA SANPAOLO SPA | 1.03% |
DAIMLER AG | 0.99% |
BANK OF IRELAND GROUP | 0.94% |
AGRICULTURAL CREDIT SA | 0.93% |
BASF SE | 0.93% |
VOLKSWAGEN AKTIENGESELLSCHAFT | 0.92% |
STELLANTIS N.V. | 0.91% |
Sector | Weight |
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Bonds | 28.00% |
Banks | 8.86% |
Non-Renewable Energy | 8.73% |
Commodities | 6.57% |
Automobiles & Parts | 4.83% |
Software & Computer Services | 4.40% |
Non-Classified | 3.44% |
Cash and Equiv. | 3.21% |
Technology Hardware & Equipment | 3.14% |
Industrial Support Services | 3.03% |
Country | Weight |
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United States | 17.46% |
United Kingdom | 15.55% |
France | 8.61% |
Japan | 6.63% |
Commodities | 6.57% |
Non-Classified | 6.22% |
South Korea | 4.79% |
Germany | 4.20% |
Italy | 4.05% |
Canada | 3.25% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 16 August 2024. Data provided by Broadridge, correct as at 30 April 2024.
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4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.