Neptune Balanced Fund Accumulation Units
Also available as income units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.60% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.68% |
| Launch date | 31-12-1999 |
| Launch price | £1.00 |
| Sector | Balanced Managed |
| Fund size | £239 million |
| Number of holdings | 54 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Over the course of this year, Robin Geffen has maintained a low exposure to UK banks. This has proven worthwhile given the unprecedented events in the financial markets. More recent performance however has been affected by the exposure to Russia, which has been volatile because of the fall in oil prices and political tensions. That said, we think the Russian market is extremely undervalued and Robin Geffen feels it could be due a recovery.
Full research
About the Fund Manager
Robin Geffen
Located in: London
Robin Geffen was educated at Keble College, Oxford and having spent a period of time working in industry as a management trainee, he moved into financial services and started his fund management career at Charterhouse J Rothchild. After more than 20 years of experience, he set up Neptune Investment Management in 2002, where he is the Managing Director and Chief Investment Officer.
Income details
| Running yield | 1.08% (net) |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-07-2007.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
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Top 10 holdings
Top 10 holdings currently unavailable.
Top 10 sectors
| Cash and Equiv. | 47.19% |
|---|---|
| Oil & Gas Producers | 9.75% |
| Pharmaceuticals & Biotechnology | 5.22% |
| Food Producers | 3.96% |
| Bonds | 3.35% |
| Tobacco | 3.10% |
| Travel & Leisure | 2.97% |
| Food & Drug Retailers | 2.81% |
| Gas, Water & Multiutilities | 2.81% |
| Mobile Telecommunications | 2.38% |
Top 10 countries
| Cash and Equiv. | 47.19% |
|---|---|
| United Kingdom | 32.93% |
| Russian Federation | 3.53% |
| China | 3.46% |
| Hong Kong | 2.46% |
| Netherlands | 2.20% |
| Singapore | 2.05% |
| Italy | 1.57% |
| Germany | 1.22% |
| United States | 0.87% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or 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.
Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.
