Skandia Ethical Accumulation

Sell : 38.55p | Buy : 38.55p | down 0.71p
Last valuation as at 21-11-2008

At a glance

Initial charge 5.00%
Initial saving 5.00%
Annual charge 1.25%
Annual saving 0.075% ²
Total Expense Ratio 1.91%
Launch date 23-09-2005
Launch price £0.50
Sector Global Growth
Fund size £82 million
Number of holdings 76
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Full research

About the Fund Manager

Photo of James Millard

James Millard
Located in: Southampton


James has a first class honours degree in Natural Sciences from Durham University and is an ACA and CFA charterholder. James is the Chief Investment Officer of Skandia Investment Management Limited, and previously held the roles of Skandia's Head of Equity Research and Head of UK Equity Manager Research. James has over nine years industry experience having been an accountant with KPMG for four years and a Japanese equity analyst with Orbis for four years prior to joining the Skandia Investment Research Team in 2002.

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Income details

Running yield N/a
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

Norwich UK Ethical Class 2 7.17%
AEGON Ethical Corporate Bond Class B 7.13%
F&C Stewardship Growth Class 1 6.98%
Impax Impax Environmental Markets (Ireland) Fund Class A 6.94%
BG Group 3.00%
Vodafone Group 2.75%
Cairn Energy 2.13%
Standard Chartered 2.08%
StatoilHydro ASA 1.91%
Tesco 1.77%

Top 10 sectors

Banks 9.68%
Oil & Gas Producers 8.20%
Bonds 6.68%
Food & Drug Retailers 5.86%
Life Insurance 5.71%
Support Services 5.42%
Technology Hardware & Equipment 4.94%
Mobile Telecommunications 4.30%
Real Estate Investment & Services 3.89%
Media 3.65%

Top 10 countries

United Kingdom 50.35%
United States 12.46%
Japan 5.89%
Netherlands 3.15%
Cash and Equiv. 3.02%
Spain 2.72%
Switzerland 2.36%
Norway 2.04%
Hong Kong 1.70%
Canada 1.65%

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 31/07/2008.

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