Martin Currie North America Accumulation A Shares
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.50% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.66% |
| Launch date | 01-09-1983 |
| Launch price | £1.00 |
| Sector | North America |
| Fund size | £453 million |
| Number of holdings | 40 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
While this fund got off to a good start the year, the last few months have been more difficult. Tom Walker has not changed the shape of the portfolio and has remained cautious on the market as the financial crisis has deepened. Some of the fund’s energy holdings have been weak following the pullback in oil prices. Companies undergoing positive change should start to outperform as news flow improves and this could benefit the fund.
Full research
About the Fund Manager
Tom Walker
Located in: Edinburgh, UK
Director Product manager for global and North America portfolios Professional qualifications: CA Investment experience: 19 years'
Tom spent six years with Edinburgh Fund Managers. Initially covering the UK and other European markets, he went on to specialise in Asia (ex Japan) and became head of that team in 1991. Tom moved to Hong Kong in 1993 with Baring Asset Management (Asia). Focusing on Greater China, he managed the Greater China Fund Inc and Baring's Hong Kong Fund. He joined Martin Currie as head of the Pacific Basin team in 1996, and moved to head the North America team in 1998. He is the manager of the Martin Currie North American Fund and the Martin Currie Portfolio Investment Trust.
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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 March 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
Top 10 holdings
| Wal-Mart Stores | 4.24% |
|---|---|
| International Business Machines Corp. | 4.17% |
| Procter & Gamble Co. | 3.74% |
| Google Inc. Cl A | 3.67% |
| Cisco Systems | 3.57% |
| McDonald's Corp. | 3.55% |
| Hewlett-Packard Co. | 3.34% |
| Gilead Sciences | 3.28% |
| CVS Caremark | 3.14% |
| Altria Group | 3.08% |
Top 10 sectors
| Technology Hardware & Equipment | 10.84% |
|---|---|
| Software & Computer Services | 10.29% |
| Oil & Gas Producers | 7.67% |
| Pharmaceuticals & Biotechnology | 6.00% |
| Electricity | 5.65% |
| Banks | 5.44% |
| Industrial Transportation | 4.41% |
| Mobile Telecommunications | 4.33% |
| General Retailers | 4.24% |
| Support Services | 3.75% |
Top 10 countries
| United States | 83.41% |
|---|---|
| Canada | 13.69% |
| United Kingdom | 2.45% |
| Cash and Equiv. | 0.44% |
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 03-12-2008. Data accurate as at 31/10/2008.
