HL Multi-Manager Special Situations Trust Accumulation Units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.00% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 2.18% |
| Launch date | 03-04-2001 |
| Launch price | £1.00 |
| Sector | Global Growth |
| Fund size | £216 million |
| Number of holdings | 24 |
| 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
Fund remains well diversified across global equity markets during this time of turbulence. Lee Gardhouse seeks managers with a proven ability to add long term value through stock picking – experts in their field – who can see investors through good times and bad. These are most common in the smaller companies arena that has been hit especially hard of late, but when markets eventually improve this area should be at the vanguard of the recovery.
Full research
About the Fund Manager
Lee Gardhouse
Located in: Bristol
Lee is the manager of the HL Multi-Manager Balanced Managed Trust, the HL Multi-Manager Cautious Managed Trust, the HL Multi-Manager Special Situations Trust and the HL Multi-Manager Income & Growth Portfolio Trust. He holds a BA Hons degree in Economics from Liverpool John Moores University. Lee has been part of the investment team at Hargreaves Lansdown since 1995, specialising in the Investment Trust and Multi-manager arenas. He is an Associate of the Society of Investment Professionals.
Income details
| Historic yield | 0.07% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 March 2008 |
|---|---|
| Payment date ³ | 31 May 2008 |
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Top 10 holdings
| Rensburg UK Select Growth Trust | 7.78% |
|---|---|
| Old Mutual UK Select Smaller Companies | 7.41% |
| Jupiter Financial Opportunities | 7.26% |
| Invesco Perpetual High Income | 5.44% |
| SGAM (UK) Japan CoreAlpha Professional | 4.82% |
| Resolution International Cartesian UK Equity 130/30 Class I GBP | 4.67% |
| New Star European Growth Fund Class R | 4.59% |
| Saracen Saracen Growth Fund Beta | 4.43% |
| Marlborough Special Situations Class A | 4.24% |
| Majedie UK Equity Class A | 4.24% |
Top 10 sectors
| Managed Funds | 11.50% |
|---|---|
| Cash and Equiv. | 9.30% |
| Banks | 7.23% |
| Oil & Gas Producers | 6.98% |
| Support Services | 6.38% |
| Pharmaceuticals & Biotechnology | 3.80% |
| Financial Services | 2.95% |
| Industrial Engineering | 2.92% |
| Software & Computer Services | 2.86% |
| Bonds | 2.54% |
Top 10 countries
| United Kingdom | 45.43% |
|---|---|
| Managed Funds | 11.50% |
| Cash and Equiv. | 9.30% |
| Japan | 7.28% |
| France | 2.76% |
| Germany | 2.67% |
| United States | 2.49% |
| Russian Federation | 2.28% |
| Switzerland | 1.63% |
| Norway | 1.58% |
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 01/11/2008.
