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ASI UK Ethical Equity Fund Institutional-Acc-GBP-Unhedged

Performance History30/09/2019
Growth of 1,000 (GBP) Advanced Graph
ASI UK Ethical Equity Fund Institutional-Acc-GBP-Unhedged
Fund15.70.124.6-14.417.3
+/-Cat8.8-10.38.5-2.23.0
+/-B’mrk14.7-16.711.5-4.92.9
 
Category: UK Flex-Cap Equity
Category Benchmark: FTSE AllSh TR GBP
Key Stats
NAV
18/10/2019		 GBX 205.00
Day Change -0.63%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0004333059
Fund Size (Mil)
30/09/2019		 GBP 325.97
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
07/08/2019		  0.85%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

With an experienced manager applying a well-established process consistently over her long tenure, we continue to find this strategy a solid choice for investors seeking exposure to a UK equity portfolio with an ethical screen and who can...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentNeutral
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: ASI UK Ethical Equity Fund Institutional-Acc-GBP-Unhedged
The objective of the Fund is to provide capital appreciation. It is intended that income will not be a prime consideration. The investment policy of the Fund is to invest mostly in equities and equity type investments of companies listed on a UK stock exchange or which, in the opinion of the ACD, carry on a substantial part of their operations in the UK. Investments will comply with certain ethical criteria. “Equity type investments” will include convertible stocks, stock exchange listed warrants, Depositary Receipts and any other such investments which entitle the holder to subscribe for or convert into the equity of the company and/or where the share price performance is, in the opinion of the ACD, influenced significantly by the stock market performance of the company’s ordinary shares.
Returns
Trailing Returns (GBP)18/10/2019
YTD17.88
3 Years Annualised9.72
5 Years Annualised10.21
10 Years Annualised11.00
12 Month Yield 1.77
Management
Manager Name
Start Date
Lesley Duncan
01/06/2004
Inception Date
20/09/1998
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA UK All Companies Ethical SubsectorFTSE 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  ASI UK Ethical Equity Fund Institutional-Acc-GBP-Unhedged31/08/2019
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.880.0095.88
Bond0.000.000.00
Property0.000.000.00
Cash4.120.004.12
Other0.000.000.00
Top 5 Regions%
United Kingdom93.54
United States3.74
Europe - ex Euro1.71
Eurozone1.01
Canada0.00
Top 5 Sectors%
Consumer Cyclical29.85
Financial Services16.35
Technology15.93
Industrials13.77
Basic Materials6.95
Top 5 HoldingsSector%
Bellway PLCConsumer CyclicalConsumer Cyclical3.18
Boohoo Group PLCConsumer CyclicalConsumer Cyclical3.08
Howden Joinery Group PLCConsumer CyclicalConsumer Cyclical2.72
Fevertree Drinks PLCConsumer DefensiveConsumer Defensive2.72
Entertainment One LtdConsumer CyclicalConsumer Cyclical2.65
Increase Decrease New since last portfolio
ASI UK Ethical Equity Fund Institutional-Acc-GBP-Unhedged
* This share class has performance data calculated prior to the inception date, 1998-09-20. This is based upon a simulated/extended track record 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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