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Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
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Contact details

ManagerGroupLogo
Exchange House, Primrose Street, London, EC2A 2NY
0131 243 1330 (Fax Number)
0800 136 420 (Main Number)

investor.enquiries@fandc.com

Fund managers

* Phil Doel»01-Sep-2011 to Present
Julie Dent»01-Oct-2001 to 31-Aug-2011
John Stubbs»01-May-1995 to 01-Oct-2001


Investment objectives

To achieve a total return in excess of a composite index, weighted as to 80% FTSE All- Share Index and 20% FTSE World (ex-UK) Index, by investing principally in a diversified international portfolio of equities and equity related securities. Within this overall objective, the Company aims to maintain a progressive dividend policy which will be dependent upon, inter alla, the rate of revenue growth within the investment portfolio and the level of dividend cover.

Key Information

Fund vs sector

  1y 3y
Position 10 / 10 5 / 9
Quartile 4 2

Fund ratings

FE Crown Rating: 1 FE
Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 15.66 15.27
Alpha -19.81 -6.40
Beta 1.52 1.43
Sharpe 0.47 0.40
InfoRatio -1.20 -0.27
R2 0.80 0.80
Quartiles:   1  2   3  4   help with ratios
vs. Global Growth & Income»

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+26.0 +48.1 +38.8 -11.3 +32.5 +13.7 -17.5
  NAV +34.3+45.8+28.8-11.5 +22.7+23.4-28.4
  Global Growth & Income +35.7+51.8+51.5-4.2+16.8+34.1-25.6
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf BRITISH ASSETS TRUST PLC UNIT 137.25 (p) 20-May-2013 -8.91 150.68 149.67
17-May-2013
120 4.45 4.45
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
BRITISH ASSETS TRUST PLC UNIT LONDON 25 289,412,000 397.22 n/a n/a company announcements
Share identifiers: TIDM: BSET; SEDOL: 0129756; ISIN: GB0001297562
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Launched1898
Gross assets£523.8m / $797.1m
Sector Global Growth & Income
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has Savings Plan Minimum: £ 25.0 Monthly
Annual accountsannual (Click to order)
Last report / accounts09-May-2013
Last AGM29-Jan-2013
Next AGMn/a
EGMn/a
Stockbroker(s)Cenkos Securities Limited
Management contractThe basic fee is 0.075% per quarter of total assets less current liabilities, payable in advance. A performance-related fee is calculated by reference to the performance of the Company against the benchmark Index over each 12 month period ended 30 September. The performance-related fee is payable in arrears at a rate of up to 0.3% per annum of the value of equity shareholders funds.
Borrowing limitBorrowings on debenture stock should not exceed the nominal share capital.
Continuation / Wind-up provisionThe fund has an unlimited life. Shareholders have approved the buyback of up to 14.99% of the funds own issued share capital.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Global Equity Mixed Global Growth & Income
Largest holdings, 31-Mar-2013
Holding (%) Rank Holding (%) Rank
ROYAL DUTCH SHELL3.751BAE SYSTEMS2.506
HSBC HLDGS3.512STANDARD CHARTERED2.277
BP2.983RIO TINTO1.928
GLAXOSMITHKLINE2.964BHP BILLITON1.899
ASTRAZENECA PLC2.515CENTRICA PLC1.8910
 Total26.18 
Regional weightings, 31-Mar-2013
Region (%) Rank  
UK 64.40 1 64.40% UK
International 15.40 2 15.40% International
Corporate Bonds 11.30 3 11.30% Corporate Bonds
Global Emerging Markets 8.00 4 8.00% Global Emerging Markets
Money Market 0.90 5 0.90% Money Market
Total100.00 


All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

 
 
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JPMorgan Mid Cap: Net Asset Value(s)

12:57 PM | 20-May-2013

Latest Fundswire  

Asset allocation

UK Equities, 64.40%
64.4000% ofUK Equities
Global High Yield Fixed Interest, 15.40%
15.4000% ofGlobal High Yield Fixed Interest
Global Corporate Fixed Interest, 11.30%
11.3000% ofGlobal Corporate Fixed Interest
Global Emerging Market Equities, 8.00%
8.0000% ofGlobal Emerging Market Equities
Money Market, 0.90%
0.9000% ofMoney Market

Sector analysis

Charting

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