Hiscox Insurance Portfolio Fund (A) Accumulation Units
Also available as income units
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.25% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.42% |
| Launch date | 19-10-1998 |
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £41 million |
| Number of holdings | 42 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
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About the Fund Manager
Alec Foster
Located in: London
Fund Manager. Alec has worked in the insurance business since 1967, firstly as an insurance broker in the London market before he joined Hiscox plc in 1976. He is Managing Director of Hiscox Investment Management overseeing over £1 billion of investments. He has been the fund manager of the Hiscox Insurance Portfolio Fund since its launch in 1998. Alec has over 38 years experience of the insurance market and knowledge of the specific requirements of insurers regarding the investments supporting underwriting, technical reserves and solvency capital. It was his idea to launch the HIP Fund and it still remains the only fund in Europe specialising exclusively in international insurance shares.
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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 | 01 January 2009 |
|---|---|
| Payment date ³ | 30 April 2009 |
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Top 10 holdings
| PartnerRe | 5.95% |
|---|---|
| W.R. Berkley Corp. | 5.84% |
| Berkshire Hathaway B | 5.57% |
| Amlin | 5.49% |
| Catlin Group | 5.38% |
| Arch Capital Group | 5.24% |
| Admiral Group | 5.18% |
| ACE | 5.00% |
| Novae | 4.36% |
| Markel Corp. | 3.73% |
Top 10 sectors
| Nonlife Insurance | 71.51% |
|---|---|
| Non-Classified | 14.85% |
| Life Insurance | 8.07% |
| Financial Services | 3.32% |
| Cash and Equiv. | 2.25% |
Top 10 countries
| United States | 57.19% |
|---|---|
| United Kingdom | 36.69% |
| Cash and Equiv. | 2.25% |
| South Korea | 1.73% |
| Austria | 1.27% |
| Finland | 0.88% |
| Australia | 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 07-01-2009. Data accurate as at 31/10/2008.
