New Star Diversified Absolute Return Fund Accumulation Class R Shares
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.20% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.42% |
| Launch date | 29-05-1991 |
| Launch price | £25.00 |
| Sector | UK Zeros |
| Fund size | £78 million |
| Number of holdings | 46 |
| 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
Full research
About the Fund Manager
Paul Craig
Located in: London
Paul Craig is manager of the New Star Diversified Absolute Return Fund, New Star Global Strategic Capital Unit Trust, New Star UK Strategic Capital Unit Trust and New Star UK Strategic Income Unit Trust. He has 20 years' investment experience, including 10 years gained at Exeter Investment Group where he focused on managing investment trust shares and portfolios. He employs a 'bottom up' process in identifying securities, overlaid with a 'top-down' view of general economic trends.
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 June 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
Top 10 holdings
| REO Securities Limited Zero Dividend Preference Shares 0.001p | 8.24% |
|---|---|
| JZ Capital Partners ZDP NPV Shares | 7.51% |
| New Star Private Equity Inv Tst | 6.17% |
| Bear Stearns Zero Dvd Pref Shs | 5.60% |
| M & G Equity Investment Trust plc Ordinary 1p Zero Dividend Preference Shares | 5.26% |
| Renewable Energy Generation | 5.11% |
| Utilico Finance Ltd Red ZDP 2016 10p Red ZDP 2016 | 4.73% |
| Japanese Accelerated Performance Fund PTG Shares 0.01p | 4.22% |
| T2 Income Fund | 3.37% |
| Jupiter Second Enhanced 0% Pref | 3.20% |
Top 10 sectors
| Bonds | 46.62% |
|---|---|
| Equity Investment Instruments | 21.11% |
| Non-Classified | 18.93% |
| Electricity | 5.11% |
| Financial Services | 1.97% |
| Managed Funds | 1.32% |
| Nonequity Investment Instruments | 1.21% |
| Industrial Transportation | 1.13% |
| Cash and Equiv. | 1.10% |
| Real Estate Investment & Services | 0.76% |
Top 10 countries
| United Kingdom | 73.16% |
|---|---|
| Non-Classified | 23.05% |
| Managed Funds | 1.32% |
| Cash and Equiv. | 1.10% |
| Spain | 0.84% |
| United States | 0.16% |
| Ireland | 0.09% |
| Netherlands | 0.06% |
| France | 0.05% |
| Australia | 0.04% |
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.
