Bid Price
264.550p
as of 20/12/2024
Offer Price
264.990p
as of 20/12/2024
Fund launch date
31/12/1998
Fund size
£439,679,488.51
Number of holdings
76
The Fund
The Liontrust Balanced Fund is managed by Mark Hawtin and Kevin Kruczynski. The Fund aims to generate capital growth, and the potential for income, over the long term (5 years or more) with the potential for income through investing in global equities and bonds.
You are able to redeem your investment from the Fund at any time and there is no exit fee for doing so.
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.
Key Information
Manager Inception Date of Fund
07/05/2024
Managed by Current Team for
7 months
Class Launch Date
03/10/2012
ISIN code
GB00B85K7211
Comparator Benchmark 1
IA Mixed Investment 40-85% Shares
Awards and Ratings
FE fundinfo Crown Rating: 4
Morningstar Rating: 4
RSMR Rated Fund
Meet the team
Mark Hawtin and Kevin Kruczynski joined Liontrust from GAM Investments in 2024. Mark has 40 years of investment experience, was Investment Director and Head of Global Equities at GAM, having previously been a partner and portfolio manager at Marshall Wace Asset Management. Kevin managed Global and US equity portfolios at GAM before moving to Liontrust. Previously, he was at THS Partners, Cazenove Capital and Merrill Lynch Investment Managers.
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.
Discrete performance (%)
| As at previous quarter 12 months ending: | Sep 24 | Sep 23 | Sep 22 | Sep 21 | Sep 20 |
|---|---|---|---|---|---|
| Liontrust Balanced | 16.9 | 7.2 | -13.9 | 13.7 | 16.4 |
| IA Mixed Investment 40-85% Shares | 13.9 | 5.1 | -10.2 | 16.6 | -0.2 |
| Quartile Ranking | 1 | 2 | 4 | 4 | 1 |
Cumulative performance (%)
| As at previous day end | 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 10 years | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| Liontrust Balanced | -0.5 | 4.0 | 2.7 | 13.3 | 13.4 | 6.1 | 46.5 | 120.1 | 1147.6 |
| IA Mixed Investment 40-85% Shares | -0.4 | 0.8 | 2.2 | 8.3 | 9.1 | 6.6 | 23.1 | 72.5 | 245.7 |
| Quartile Ranking | 3 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | - |
Source: FE fundinfo as at 20/12/2024. Performance figures are shown in GBX. Total return performance figures are calculated net of costs and charges, on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Where applicable the quartile rank is for the primary share class within the sector. If your investment is made in a currency other than that used in the past performance calculation the return may increase or decrease as a result of currency fluctuations.
Current positioning
Top 10 Holdings (%)
NETFLIX
2.57
SERVICENOW, INC.
2.46
HIS MAJESTY`S TREASURY 0.125% IDX LKD TSY GILT 22/03/46 GBP1
2.34
HIS MAJESTY`S TREASURY 0.625% IDX LKD GILT 22/11/42 GBP0.01
2.19
ALPHABET INC
2.16
NVIDIA CORP
2.12
META PLATFORMS, INC.
2.09
SALESFORCE.COM
2.08
AMAZON.COM, INC.
2.07
MICROSOFT CORPORATION
2.04
Additional Information
Minimum initial investment
£250,000
Minimum additional investment
£0
Ex-dividend date
1 January, 1 July
Distribution date
28 February, 31 August
Sedol code
B85K721
Charges
Initial charge
-
Ongoing Charges Figure
0.85%
Included within the OCF is the Annual Management Charge
0.75%
For more information on the OCF, see our costs and charges page.
Fund Manager Insights
Ewan Thompson
India's economic and market resilience: a decade of transformation
Ewan Thompson explains how Indian markets are marching to their own beat
Pieran Maru
AI Agents: Are they the new workforce?
Pieran Maru explains what AI Agents are, de-bunks some misconceptions and discusses who the winners and losers might be from their development
Kevin Kruczynski
The US prescription drug market is ripe for disruption
Research reveals that US drug prices are nearly 2.8 times higher than the average in comparable countries primarily due to patent protection and the absence of centralised negotiation capabilities. Kevin Krucynski discusses how to invest in potential disruptors in the market
David Goodman
Poker and active investing
David Goodman looks at how active investing and poker share similarities in psychology, strategy and risk
Ewan Thompson
An update from India Part II - reenergising the power sector
Ewan Thompson meets Indian companies dominating the power sector.
How to invest in Liontrust funds
Key Risks
Past performance does not predict future returns. You may get back less than you originally invested. The Fund may encounter liquidity constraints from time to time. The spread between the price you buy and sell shares will reflect the less liquid nature of the underlying holdings. The Fund will invest in smaller companies and may invest a small proportion (less than 10%) of the Fund in unlisted securities. There may be liquidity constraints in these securities from time to time, i.e. in certain circumstances, the fund may not be able to sell a position for full value or at all in the short term. This may affect performance and could cause the fund to defer or suspend redemptions of its shares. Outside of normal conditions, the Fund may hold higher levels of cash which may be deposited with several credit counterparties (e.g.international banks). A credit risk arises should one or more of these counterparties be unable to return the deposited cash. Counterparty Risk: any derivative contract, including FX hedging, may be at risk if the counterparty fails. ESG Risk: In reference to any component (where applicable) of a fund's investment process that uses external ESG data, there may be limitations to the availability, completeness or accuracy of ESG information from third-party providers, or inconsistencies in the consideration of ESG factors across different third party data providers, given the evolving nature of ESG.
Disclaimer
This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID) and/or PRIIP/KID, which provide full product details including investment charges and risks.It should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. This information and analysis is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content, no representation or warranty is given, whether express or implied, by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified.
