Rensburg UK Managers Focus Trust Accumulation

Sell : 66.81p | Buy : 71.70p | down 0.27p
Last valuation as at 21-11-2008

At a glance

Initial charge 5.25%
Initial saving 5.25%
Annual charge 1.50%
Annual saving 0.150% ²
Total Expense Ratio 1.56%
Launch date 01-09-2006
Launch price £1.00
Sector UK All Companies
Fund size £67 million
Number of holdings 48
Fund type Unit Trust
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Although the fund has not been immune to the falls in the market this year, the larger company element of the portfolio has been relatively strong. Companies like AstraZeneca have benefited the portfolio. Within the smaller companies element of the fund, exposure to the oil and gas sector has been detrimental, particularly in recent months. As opportunities arise the managers are looking to invest cash held in the portfolio.

Full research

About the Fund Manager

Photo of Colin Morton

Colin Morton
Located in: Leeds


Position: Investment Director.

Lead Manager of Rensburg UK Equity Income Trust since 1st January 1995.

Joint Manager for the Rensburg UK Managers' Focus Trust from Sep 06.

Lead Manager for the Rensburg UK Blue Chip Growth since 1st September 2000.

Professional Qualifications: IMC, FSI (Dip).

Investment Experience: Colin began his career in 1983 as a trainee stockbroker with Wise Speke & Co, before joining Rensburg in 1988, initially as a Private Client Executive and subsequently as an Investment Manager in 1991.

Further Information: Funds that Colin currently manages include the Rensburg UK Equity Income Trust, Rensburg UK Blue Chip Growth Trust and a portion of the Rensburg UK Managers' Focus Trust. In addition the fund manager also runs a segregated mandate for Russell which is currently £226m in size. Colin is also Investment Director for Rensburg Fund Management Ltd.

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Income details

Gross running yield 0.79%
Income paid Bi-annually
Type of payment Dividend

All yields are variable and not guaranteed. The information is correct as at 30-11-2007.

Distribution dates

Ex-dividend date 01 March 2008
Payment date ³ 30 April 2008
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Top 10 sectors

Oil & Gas Producers 11.70%
Support Services 9.71%
Cash and Equiv. 7.65%
Financial Services 7.61%
Travel & Leisure 6.67%
Tobacco 6.27%
Oil Equipment, Services & Distribution 6.16%
Aerospace & Defence 5.99%
Mining 5.39%
Real Estate Investment & Services 4.81%

Top 10 countries

United Kingdom 87.51%
Cash and Equiv. 7.65%
Australia 3.97%
Ireland 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 30/09/2008.

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