Aegon Ethical Equity Fund Class A Accumulation Units

Sell : 64.68p | Buy : 64.68p | down 0.43p
Last valuation as at 21-11-2008

At a glance

Initial charge 5.50%
Initial saving 5.50%
Annual charge 1.50%
Annual saving 0.200% ²
Total Expense Ratio 1.62%
Launch date 28-04-1989
Launch price £0.24
Sector UK All Companies
Fund size £181 million
Number of holdings 90
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Despite challenging conditions, this fund has outperformed this year. Audrey Ryan anticipates a worsening economic climate and is therefore avoiding the consumer areas where there is a huge risk to earnings. She is adding to shares with evidence of earnings resilience and a strong balance sheet such as the healthcare sector. Other than that, the fund has benefited from exposure to the oil services, software and electricity companies.

Full research

About the Fund Manager

Photo of Audrey Ryan

Audrey Ryan
Located in: Edinburgh


Audrey joined AEGON in January 1997 from General Accident Plc where she was a UK small companies portfolio manager. She qualified as a chartered accountant in 1993 after graduating with a degree in accountancy. She also has an MSc in investment analysis and is a member of ASIP. Audrey manages AEGON 's Ethical Equity Fund and has done so since 1999. She is a sector specialist in several UK small-cap sectors together with the leisure & hotels and electronics & electricals sectors. Audrey is currently rated 'AA' by Citywire.

 

Income details

Gross running yield 0.89%
Income paid Annually
Type of payment Dividend

All yields are variable and not guaranteed. The information is correct as at 30-09-2007.

Distribution dates

Ex-dividend date 01 August 2008
Payment date ³ 30 November 2008

Top 10 holdings

Vodafone Group 6.35%
BG Group 5.05%
Scottish & Southern Energy 3.58%
Tullow Oil 2.74%
Prudential 2.61%
Connaught 2.47%
International Power 2.41%
Aviva 2.10%
Capita Group 1.98%
Victrex 1.95%

Top 10 sectors

Cash and Equiv. 15.58%
Support Services 14.25%
Oil & Gas Producers 10.43%
Life Insurance 6.77%
Mobile Telecommunications 6.35%
Electricity 5.99%
Financial Services 5.77%
Software & Computer Services 3.97%
Health Care Equipment & Services 3.78%
Gas, Water & Multiutilities 3.18%

Top 10 countries

United Kingdom 80.48%
Cash and Equiv. 15.58%
Non-Classified 1.56%
Canada 0.90%
India 0.61%
United States 0.51%
Germany 0.26%
Australia 0.10%

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 30/09/2008.

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