Veritas Global Equity Income B USD Inc

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
Veritas Global Equity Income B USD Inc
Fund27.212.5-3.516.9-7.1
+/-Cat1.43.62.5-0.1-1.4
+/-B’mrk-3.24.6-1.6-1.5-0.2
 
Key Stats
NAV
10/07/2020
 USD 115.07
Day Change -1.42%
Morningstar Category™ Global Equity Income
ISIN IE00B0WFLJ82
Fund Size (Mil)
10/07/2020
 GBP 346.16
Share Class Size (Mil)
10/07/2020
 USD 14.57
Max Initial Charge -
Ongoing Charge
18/02/2020
  1.56%
Morningstar Research
Analyst Report

With lead manager Charles Richardson stepping down from portfolio management, Veritas Global Equity Income loses an experienced skipper. His replacement Ian Clark has limited portfolio management experience but he is promising and he remains...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAbove Average
ProcessHigh
Performance
Price
Investment Objective: Veritas Global Equity Income B USD Inc
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)10/07/2020
YTD-9.09
3 Years Annualised0.41
5 Years Annualised6.78
10 Years Annualised6.79
12 Month Yield 3.87
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Ian Clark
01/01/2020
Andrew Headley
17/06/2005
Inception Date
03/01/2006
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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 B USD Inc31/12/2019
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock104.5215.0289.50
Bond0.380.000.38
Property0.000.000.00
Cash10.830.7210.12
Other0.000.000.00
Top 5 Regions%
United States32.81
Eurozone21.21
United Kingdom20.69
Asia - Developed10.19
Europe - ex Euro7.96
Top 5 Sectors%
Healthcare21.72
Industrials20.47
Consumer Defensive19.89
Communication Services13.26
Financial Services10.94
Top 5 HoldingsSector%
Unilever NVConsumer DefensiveConsumer Defensive5.78
BAE Systems PLCIndustrialsIndustrials5.44
Svenska Handelsbanken AFinancial ServicesFinancial Services5.37
Philip Morris International IncConsumer DefensiveConsumer Defensive4.98
Sonic Healthcare LtdHealthcareHealthcare4.43
Veritas Global Equity Income B USD Inc

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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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