Solus MultiManager Balanced A Accumulation
Also available as income units
At a glance
| Initial charge | 3.50% |
|---|---|
| Initial saving | 3.50% |
| Annual charge | 1.25% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 2.21% |
| Launch date | 20-01-2003 |
| Launch price | £100.00 |
| Sector | Balanced Managed |
| Fund size | £19 million |
| Number of holdings | 29 |
| Fund type | OEIC |
| 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
Michael Clarkson
Located in: Manchester
Michael joined Fairmount Stockbrokers (later acquired by Brown Shipley) in 1993 from TSB Bank. Originally working in the private client (portfolio management) department, Michael moved to the fund management team in 2004. Initially deputy fund manager for the Solus MultiManager funds (Balanced, Growth & International), Michael was promoted to the senior position in March 2006. Michael is a fellow of the Securities Institute, an associate of the Chartered Institute of Bankers and holds the Financial Planning Certificate and Advanced Financial Planning Certificate.
Income details
| Running yield | 1.57% (net) |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-12-2006.
Distribution dates
| Ex-dividend date | 31 March 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
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Top 10 holdings
| Neptune Income Class B | 9.56% |
|---|---|
| Standard Life Investments UK Equity High Income Class I | 9.46% |
| M&G Recovery Class A | 9.10% |
| BlackRock UK Absolute Alpha Class P | 6.86% |
| Saracen Saracen Growth Fund Beta | 4.95% |
| iShares II Plc Ishares FTSE UK All Stocks Gilt | 4.84% |
| Henderson Strategic Bond Class I | 4.77% |
| Ishares Msci North America | 4.02% |
| New Star International Property Fund Class R | 3.89% |
| New Star Sterling Bond Unit Trust Class A | 3.13% |
Top 10 sectors
| Bonds | 28.55% |
|---|---|
| Oil & Gas Producers | 7.87% |
| Cash and Equiv. | 7.83% |
| Non-Classified | 7.27% |
| Managed Funds | 6.86% |
| Pharmaceuticals & Biotechnology | 4.08% |
| Banks | 3.98% |
| Mobile Telecommunications | 2.47% |
| Support Services | 2.29% |
| Tobacco | 1.86% |
Top 10 countries
| United Kingdom | 48.90% |
|---|---|
| Cash and Equiv. | 7.83% |
| United States | 7.20% |
| Non-Classified | 6.96% |
| Managed Funds | 6.86% |
| Germany | 2.45% |
| Netherlands | 1.88% |
| France | 1.70% |
| Ireland | 1.70% |
| Australia | 1.23% |
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.
