Merian UK Alpha Fund R GBP Acc

Performance History31/03/2020
Growth of 1,000 (GBP) Advanced Graph
Merian UK Alpha Fund R GBP Acc
Fund12.514.2-11.223.1-30.9
+/-Cat-0.62.5-1.43.8-5.0
+/-B’mrk-4.31.1-1.73.9-5.8
 
Category: UK Large-Cap Equity
Category Benchmark: FTSE AllSh TR GBP
Key Stats
NAV
09/04/2020		 GBP 1.29
Day Change 3.63%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00BFYN3R70
Fund Size (Mil)
08/04/2020		 GBP 1195.42
Share Class Size (Mil)
08/04/2020		 GBP 257.09
Max Initial Charge 5.00%
Ongoing Charge
18/02/2020		  0.85%
Morningstar Research
Analyst Report

Merian UK Alpha continues to benefit from the stewardship of an experienced and talented UK equity manager.Richard Buxton took control of this strategy in December 2009, originally on an outsourced basis, before joining Old Mutual Global...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: Merian UK Alpha Fund R GBP Acc
To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the FTSE All-Share Index over rolling 3 year periods. The fund primarily invests (at least 70%) in a portfolio of UK equities. UK equities are equities of companies domiciled or incorporated in the UK, or that conduct a significant part of their business in the UK.
Returns
Trailing Returns (GBP)09/04/2020
YTD-28.21
3 Years Annualised-4.60
5 Years Annualised-1.71
10 Years Annualised4.71
12 Month Yield 5.31
Management
Manager Name
Start Date
Richard Buxton
11/12/2009
Inception Date
31/01/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPFTSE AllSh TR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Merian UK Alpha Fund R GBP Acc29/02/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock100.000.00100.00
Bond0.000.000.00
Property0.000.000.00
Cash0.000.000.00
Other0.000.000.00
Top 5 Regions%
United Kingdom87.36
United States8.13
Europe - ex Euro2.50
Eurozone2.01
Canada0.00
Top 5 Sectors%
Consumer Cyclical20.94
Financial Services19.86
Healthcare12.22
Industrials11.18
Technology10.50
Top 5 HoldingsSector%
GlaxoSmithKline PLCHealthcareHealthcare4.77
Tesco PLCConsumer DefensiveConsumer Defensive4.47
Fidelity National Information Se... TechnologyTechnology4.40
GVC Holdings PLCConsumer CyclicalConsumer Cyclical4.37
Sage Group (The) PLCTechnologyTechnology3.94
Increase Decrease New since last portfolio
Merian UK Alpha Fund R GBP Acc

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* This share class has performance data calculated prior to the inception date, 2003-01-31. This is based upon a simulated/extended track record, using the track record of Old Mutual UK Alpha R GBP Acc (ISIN: GB0032544065), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
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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