New Star UK Alpha Fund Class R Accumulation Units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.79% |
| Launch date | 12-11-2001 |
| Launch price | £50.00 |
| Sector | UK All Companies |
| Fund size | £370 million |
| Number of holdings | 55 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Tim Steer aims to identify companies operating in a favourable operating environment and where news flow is positive. There is currently a bias in the defence sector in companies which have visible earnings. Another theme he favours are businesses whose earnings are being driven by the stronger growing emerging markets. While the fund has fallen in value it has held up better than many of its peers.
Full research
About the Fund Manager
Tim Steer
Located in: London
Before joining New Star in 2001, Tim Steer established himself as one of the most successful company analysts in the UK medium and small company sectors, an area in which he has 20 years' experience. Tim holds a BSc from the University of London and is a qualified chartered accountant.
Income details
| Running yield | N/a |
|---|---|
| Income paid | 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 | 01 September 2008 |
|---|---|
| Payment date ³ | 31 October 2008 |
Top 10 holdings
| BAE Systems | 5.47% |
|---|---|
| Game Group | 4.27% |
| Babcock International Group | 3.67% |
| Tesco | 3.60% |
| Croda International | 3.58% |
| Firstgroup | 3.05% |
| BG Group | 2.95% |
| VT Group | 2.95% |
| Ultra Electronics Holdings | 2.74% |
| Spirax-Sarco Engineering | 2.72% |
Top 10 sectors
| Aerospace & Defence | 18.30% |
|---|---|
| Support Services | 10.72% |
| Cash and Equiv. | 9.06% |
| Travel & Leisure | 8.12% |
| Oil & Gas Producers | 6.94% |
| Industrial Engineering | 6.83% |
| General Retailers | 5.91% |
| Chemicals | 5.65% |
| Non-Classified | 4.57% |
| Electronic & Electrical Equipment | 4.35% |
Top 10 countries
| United Kingdom | 86.81% |
|---|---|
| Cash and Equiv. | 9.06% |
| Non-Classified | 3.50% |
| Canada | 0.63% |
| United States | 0.00% |
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.
