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Veritas Global Equity Income A EUR Inc NAV

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
Veritas Global Equity Income A EUR Inc NAV
Fund13.4-3.317.6-4.412.9
+/-Cat4.52.60.7-6.3-0.6
+/-B’mrk5.5-1.5-0.8-1.30.7
 
Category: Global Equity Income
Category Benchmark: MSCI World High Dividend Yi...
Key Stats
NAV
24/09/2021		 EUR 244.93
Day Change 0.10%
Morningstar Category™ Global Equity Income
ISIN IE00B5TRT092
Fund Size (Mil)
24/09/2021		 GBP 254.48
Share Class Size (Mil)
24/09/2021		 EUR 5.26
Max Initial Charge -
Ongoing Charge
17/02/2021		  1.08%
Morningstar Research
Analyst Report

While the approach remains intact under new lead manager Ian Clark, he is patiently reshuffling the portfolio to make it fit with his preferences. We retain the People Pillar score of Above Average, but as the transition is taking more time than...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAbove Average
ProcessAbove Average
Performance
Price
Investment Objective: Veritas Global Equity Income A EUR Inc NAV
The investment objective of Veritas Global Equity Income Fund is to provide a high and growing level of income and thereafter to preserve capital in real terms over the long term. Veritas Global Equity Income Fund will seek to achieve its investment objective by principally investing in global equities listed or traded on Recognised Exchanges. Investments may also be made in global securities (including, but not exclusively, sovereign and corporate index linked bonds, corporate, sovereign and convertible bonds, which may be fixed and/or floating rate and shall generally be investment grade) which are listed or traded on a Recognised Exchange, subject to the Investment Restrictions listed in the main body of the Prospectus. The Veritas Global Equity Income Fund will not invest in leveraged notes.
Returns
Trailing Returns (GBP)24/09/2021
YTD12.76
3 Years Annualised4.86
5 Years Annualised6.79
10 Years Annualised8.73
12 Month Yield 2.95
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Ian Clark
01/01/2019
Andrew Headley
17/06/2005
Inception Date
23/04/2010
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR EURMSCI World High Dividend Yield NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  Veritas Global Equity Income A EUR Inc NAV31/08/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.400.0099.40
Bond0.000.000.00
Property0.000.000.00
Cash0.600.010.59
Other0.000.000.00
Top 5 Regions%
United States30.03
Eurozone23.97
United Kingdom22.73
Europe - ex Euro11.19
Asia - Developed8.06
Top 5 Sectors%
Industrials31.47
Consumer Defensive26.55
Healthcare11.34
Communication Services9.53
Technology6.12
Top 5 HoldingsSector%
Vivendi SECommunication ServicesCommunication Services7.51
BAE Systems PLCIndustrialsIndustrials6.77
Unilever PLCConsumer DefensiveConsumer Defensive6.10
Cisco Systems IncTechnologyTechnology6.08
Diageo PLCConsumer DefensiveConsumer Defensive4.95
Increase Decrease New since last portfolio
Veritas Global Equity Income A EUR Inc NAV

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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