DOCSLIB.ORG

Invesco UK 2 Investment Series Interim Report 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Invesco UK 2 Investment Series Interim Report 2019 01 Front Cover_Layout 1 22-Nov-19 10:02 AM Page 1 Invesco UK 2 Investment Series Interim Report Including Long Form Financial Statements Issued November 2019 For the period 1 April 2019 to 30 September 2019 02 Aggregate_Layout 1 22-Nov-19 10:02 AM Page 1 Contents Invesco UK 2 Investment Series (the “Company”) 02 Report of the Authorised Corporate Director (the “Manager”)* 06 Notes applicable to the unaudited financial statements of all Funds 07 Invesco Income Fund (UK) 08 Strategy, review and outlook* 09 Comparative table 12 Portfolio statement* 16 Unaudited financial statements 18 Distributions 19 Invesco UK Enhanced Index Fund (UK) 20 Strategy, review and outlook* 21 Comparative table 24 Portfolio statement* 28 Unaudited financial statements 30 Distributions 31 Invesco UK Strategic Income Fund (UK) 32 Strategy, review and outlook* 33 Comparative table 36 Portfolio statement* 39 Unaudited financial statements 41 Distributions 42 General Information * These collectively comprise the Authorised Corporate Director’s Report. 01 Invesco UK 2 Investment Series 02 Aggregate_Layout 1 22-Nov-19 10:02 AM Page 2 Invesco UK 2 Investment Series (the “Company”) Report of the Authorised Corporate Director (the “Manager”) The Company Remuneration Policy (Unaudited) The Invesco UK 2 Investment Series is an investment On 18 March 2016, Invesco Fund Managers company with variable capital, incorporated in England Limited (the “Manager”) adopted a remuneration and Wales on 11 April 2003. policy consistent with the principles outlined in the European Securities and Markets Authority (ESMA) The Company is a “UCITS Scheme” and an Guidelines, on sound remuneration policies under “Umbrella Company” (under the OEIC Regulations) the UCITS Directive (the “Remuneration Policy”). and therefore new Funds may be formed by the Manager, subject to regulatory approval. Any The policy was revised in 2018, to include changes to Funds or share classes will be included in specificities for some Invesco EU regulated an updated Prospectus. Management Companies. The Manager was not impacted by the changes. The Company is a Financial Conduct Authority (FCA) authorised scheme complying with the FCA’s Collective The purpose of the Remuneration Policy is to ensure Investment Schemes sourcebook. the remuneration of the staff of the Manager is consistent with and promotes sound and effective Terms used in this report shall have the same risk management, does not encourage risk-taking meaning as defined in the Prospectus. which is inconsistent with the risk profiles, rules or instruments of incorporation of the Manager and At 30 September 2019, the Company consisted of of the UCITS it manages and does not impair the three Funds: Manager’s compliance with its duty to act in the best Invesco Income Fund (UK) interests of the UCITS it manages. The Manager’s Invesco UK Enhanced Index Fund (UK) summary Remuneration Policy is available from Invesco UK Strategic Income Fund (UK) the corporate policies section of our website (www.invesco.co.uk). Paper copies of the full Accounting Periods Remuneration Policy can be obtained for free from Annual accounting date 31 March the registered office of the Manager, Invesco Fund Interim accounting date 30 September Managers Limited, Perpetual Park, Perpetual Park Distribution payable on 31 May Drive, Henley-on-Thames, Oxfordshire, RG9 1HH, UK Interim distribution payable on 30 November upon request. Should expenses and taxation exceed revenue in a The Remuneration Policy is reviewed annually distribution period for a share class, no distribution by the Compliance, Human Resources and Risk will be payable for that class. Management functions, who recommend any adjustments to ensure continued alignment of the Securities Financing Transactions Regulation policy with sound risk management. The board of This Regulation requires the Manager to provide directors of the Manager are responsible for the investors with information on the use of securities oversight of remuneration and for ensuring adherence financing transactions (SFTs) and total return swaps to this policy through the Human Resources function. (TRS) by the Company in all interim and annual reports for the Company. The Internal Audit function conducts regular testing of administration of the Remuneration Policy to During the period from 1 April 2019 to 30 assess its ongoing compliance with the Invesco September 2019, none of the Funds entered into Group’s remuneration policies and procedures. any SFTs and/or TRS. Should this change in the future, the interim and annual reports for the The Manager does not employ any direct staff. The Company will disclose all required information on the aggregate total remuneration of Invesco staff involved use of SFTs and TRS by the Company. in UCITS related activities of the Manager in respect of performance year (1 January 2018 to 31 December Please refer to the Prospectus for further details on 2018) is £76.21m of which £44.70m is fixed SFTs and TRS. remuneration and £31.51m is variable remuneration. The number of beneficiaries is 379. Fund Events On the 7 August 2019 there was an update to the The Manager has identified individuals considered Prospectus for the various ICVC funds. As part of this to have a material impact on the risk profile of the update, various changes were implemented regarding Manager or the UCITS it manages (“Identified Staff”), investment objectives, investment policies, investment who include board members of the Manager, senior strategies and benchmark disclosures, all for management, heads of control functions, other risk clarification purposes only. There have been no takers and any employees receiving total remuneration changes to the way the Funds are managed. The that takes them into the same remuneration bracket updated prospectus is available at www.invesco.co.uk. as senior management and risk takers. Identified Staff of the Manager are employed by Invesco. The aggregate total remuneration paid to the Identified Staff of the Manager for UCITS related activities for the performance year (1 January 2018 to 31 December 2018) is £18.62m of which £4.16m is paid to Senior Management and £14.46m is paid to other Identified Staff. 02 Invesco UK 2 Investment Series 02 Aggregate_Layout 1 22-Nov-19 10:02 AM Page 3 Invesco UK 2 Investment Series (the “Company”) Report of the Authorised Corporate Director (the “Manager”) Share Classes Available Brexit The UK has voted to leave the EU, an event Invesco Income Fund (UK) commonly referred to as Brexit. The exit date Accumulation shares may be shortened or extended upon agreement Accumulation shares (No Trail) between the UK and EU27. At the date of this Z Accumulation shares report, discussions remain ongoing between the Y Accumulation shares UK and EU27 as to the precise nature of the future Income shares relationship. It is not certain at this stage whether Income shares (No Trail) a withdrawal agreement will be finalised or if the Z Income shares UK will leave the EU under a no-deal scenario. Y Income shares The Authorised Corporate Director does not believe that Brexit under any of these scenarios will present Invesco UK Enhanced Index Fund (UK) significant issues that cannot be mitigated given that Accumulation shares (No Trail) no Fund is passported into Europe, Shareholders Z Accumulation shares are predominantly UK-based and core counterparties Y Accumulation shares of and service providers to the Company have Income shares (No Trail) contingency arrangements available as necessary Z Income shares to ensure that activities can continue with minimal Y Income shares disruption. In addition, on 30 January 2019, EU27 national regulators and the UK’s Financial Conduct Invesco UK Strategic Income Fund (UK) Authority agreed Memoranda of Understanding in Accumulation shares the event of a no-deal Brexit scenario on various Accumulation shares (No Trail) matters related to the conduct of financial services Z Accumulation shares and trading activities. Y Accumulation shares Income shares The Company’s Manager, Invesco Fund Managers Income shares (No Trail) Limited “IFML”, is part of a global group and has Z Income shares been committed for many years to meeting clients’ Y Income shares needs across Europe in both EU and non-EU countries. The change in the UK’s status from an The prices of shares will appear on our website EU to a non-EU country will not change the group’s (www.invesco.co.uk). This is the primary method focus or commitment to serve its clients across of price publication. The prices of shares may also Europe. IFML is monitoring developments closely, be obtained by calling 0800 085 8677 during the through a Brexit Steering Committee, and will take Manager’s normal business hours. advantage of the Memoranda of Understanding to ensure that the impact on clients and the Company is minimal. 03 Invesco UK 2 Investment Series 02 Aggregate_Layout 1 22-Nov-19 10:02 AM Page 4 Invesco UK 2 Investment Series (the “Company”) Report of the Authorised Corporate Director (the “Manager”) Risk Profile Holdings in other Funds of the Company Shareholders should be aware of the risks inherent in As at 30 September 2019, no Funds held shares in investing in securities and other financial instruments. any other Fund of the Company . Financial markets can be vulnerable to unpredictable price movements and are affected by a number of Liability factors, both political and economic. The Company is structured by having different Funds. The assets and liabilities of each Fund are The value of investments and any income will segregated in accordance with the law of England fluctuate (this may partly be the result of exchange and Wales. As a consequence the assets of a Fund rate fluctuations) and investors may not get back the will not be available to meet the liabilities of another full amount invested. Over time, inflation may erode Fund within the Company.
Load more

Recommended publications
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • Stoxx® Europe Ipo (60 Months) Index
    STOXX® EUROPE IPO (60 MONTHS) INDEX Components1 Company Supersector Country Weight (%) CELLNEX TELECOM Telecommunications ES 6.13 DELIVERY HERO Retail DE 5.29 JUST EAT TAKEAWAY.COM NV Retail NL 5.21 SCOUT24 Technology DE 3.41 COVESTRO Chemicals DE 2.72 AUTO TRADER GROUP Media GB 2.50 HELLOFRESH AG Retail DE 2.18 AMUNDI Financial Services FR 2.08 KOJAMO OYJ Real Estate FI 2.00 GALENICA SANTE AG Retail CH 1.92 VAT GROUP AG Industrial Goods & Services CH 1.91 ASR NEDERLAND NV Insurance NL 1.79 SIG COMBIBLOC GROUP AG Industrial Goods & Services CH 1.72 CONVATEC PLC Health Care GB 1.70 SIGNIFY Industrial Goods & Services NL 1.54 NEXI SPA Industrial Goods & Services IT 1.50 TEAMVIEWER AG Technology DE 1.49 INWIT Telecommunications IT 1.43 AVAST PLC Technology GB 1.41 LA FRANCAISE DES JEUX Travel & Leisure FR 1.28 STADLER RAIL AG Industrial Goods & Services CH 1.19 BAWAG GROUP AG Banks AT 1.05 NETCOMPANY GROUP AS Technology DK 1.03 SOFTCAT Technology GB 0.89 PIRELLI & C. S.P.A. Automobiles & Parts IT 0.89 COUNTRYSIDE PROPERTIES PLC Personal & Household Goods GB 0.88 LANDIS GYR GROUP AG Industrial Goods & Services CH 0.86 INTEGRAFIN HOLDINGS PLC Financial Services GB 0.81 DOMETIC GROUP AB Personal & Household Goods SE 0.77 BRAVIDA HOLDING AB Industrial Goods & Services SE 0.72 SILTRONIC Technology DE 0.69 TRAINLINE PLC Travel & Leisure GB 0.68 SPIE Industrial Goods & Services FR 0.68 INTERTRUST NV Financial Services NL 0.68 ZUR ROSE GROUP Retail CH 0.66 ASCENTIAL PLC Media GB 0.64 SINCH Technology SE 0.64 Virgin Money UK Banks GB 0.62 HASTINGS
    [Show full text]
  • FTSE Russell Publications
    2 FTSE Russell Publications 19 August 2021 FTSE 250 Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 3i Infrastructure 0.43 UNITED Bytes Technology Group 0.23 UNITED Edinburgh Investment Trust 0.25 UNITED KINGDOM KINGDOM KINGDOM 4imprint Group 0.18 UNITED C&C Group 0.23 UNITED Edinburgh Worldwide Inv Tst 0.35 UNITED KINGDOM KINGDOM KINGDOM 888 Holdings 0.25 UNITED Cairn Energy 0.17 UNITED Electrocomponents 1.18 UNITED KINGDOM KINGDOM KINGDOM Aberforth Smaller Companies Tst 0.33 UNITED Caledonia Investments 0.25 UNITED Elementis 0.21 UNITED KINGDOM KINGDOM KINGDOM Aggreko 0.51 UNITED Capita 0.15 UNITED Energean 0.21 UNITED KINGDOM KINGDOM KINGDOM Airtel Africa 0.19 UNITED Capital & Counties Properties 0.29 UNITED Essentra 0.23 UNITED KINGDOM KINGDOM KINGDOM AJ Bell 0.31 UNITED Carnival 0.54 UNITED Euromoney Institutional Investor 0.26 UNITED KINGDOM KINGDOM KINGDOM Alliance Trust 0.77 UNITED Centamin 0.27 UNITED European Opportunities Trust 0.19 UNITED KINGDOM KINGDOM KINGDOM Allianz Technology Trust 0.31 UNITED Centrica 0.74 UNITED F&C Investment Trust 1.1 UNITED KINGDOM KINGDOM KINGDOM AO World 0.18 UNITED Chemring Group 0.2 UNITED FDM Group Holdings 0.21 UNITED KINGDOM KINGDOM KINGDOM Apax Global Alpha 0.17 UNITED Chrysalis Investments 0.33 UNITED Ferrexpo 0.3 UNITED KINGDOM KINGDOM KINGDOM Ascential 0.4 UNITED Cineworld Group 0.19 UNITED Fidelity China Special Situations 0.35 UNITED KINGDOM KINGDOM KINGDOM Ashmore
    [Show full text]
  • Witan Investment Trust Plc Portfolio Listing As at 28.02.2021
    WITAN INVESTMENT TRUST PLC PORTFOLIO LISTING AS AT 28.02.2021 SECURITY % OF TOTAL INVESTMENT APAX GBL ALPHA NPV 3.12 SYNCONA ORD NPV 1.99 BLACKROCK WORLD MINING TST ORD GBP0.05 1.81 PRINCESS PRIVATE EQTY HLDGS ORD EUR0.001 1.76 ALPHABET A USD0.001 1.66 TAIWAN SEMICONDUCTOR MANUFACTURING 1 ADS REP 5 ORD TWD10 1.23 CHARTER COMMUNICATIONS -A USD0.001 1.14 PAYPAL HLDGS W/I USD0.0001 1.14 DIAGEO GBP28.93518 1.07 LONDON STK EXCHANGE GRP GBP0.06918605 1.03 MERCADOLIBRE COM USD0.001 1.00 HEINEKEN HLDGS EUR1.6 0.99 TENCENT HLDGS HKD0.00002 0.99 BT GRP ORD GBP0.05 0.98 TESCO GBP0.0633333 0.96 UNILEVER GBP0.031111 0.96 BARCLAYS GBP0.25 0.95 ARCELORMITTAL NPV 0.94 WALT DISNEY CO USD0.01 0.92 NINTENDO CO NPV 0.92 APPLIED MATERIALS USD0.01 0.91 CANADIAN PACIFIC RAILWAY NPV 0.89 VIVENDI EUR5.5 0.86 FREEPORT-MCMORAN USD0.1 0.85 INTUIT USD0.01 0.85 THERMO FISHER SCIENTIFIC USD1 0.82 VINCI EUR2.5 0.81 SHISEIDO CO NPV 0.79 SMURFIT KAPPA GRP EUR0.001 0.78 ELECTRA PRIVATE EQTY GBP 0.25 0.77 TAIWAN SEMICONDUCTOR MANUFACTURING TWD10 0.77 NATWEST GRP GBP1 0.76 FISERV USD0.01 0.75 SCHRODER REAL ESTATE INV TST ORD NPV 0.74 LLOYDS BANKING GRP GBP0.1 0.74 RELX GBP0.144397 0.73 VH GBL SUSTAINABLE ENERGY NPV 0.72 FLUTTER ENT GBP0.09 0.72 SAFRAN EUR0.20 0.71 BAE SYSTEMS ORD GBP0.025 0.71 ALIBABA GRP HLDGS SPON ADS EACH REP ONE ORD 0.68 DELTA AIR LINES USD0.0001 0.68 SHOPIFY A NPV 0.68 ANALOG DEVICES USD0.167 0.66 COOPER COS COM USD0.10 0.66 INTERCONTINENTAL EXCHANGE GRP USD0.01 0.65 MONDELEZ INTL USD0.01 0.65 PEPSICO USD0.017 0.64 BAXTER INTL COM USD1 0.64 UNITEDHEALTH
    [Show full text]
  • Witan Investment Trust Plc Portfolio Listing As at 30.04.2021
    WITAN INVESTMENT TRUST PLC PORTFOLIO LISTING AS AT 30.04.2021 SECURITY % OF TOTAL INVESTMENT APAX GBL ALPHA NPV 3.04 PRINCESS PRIVATE EQTY HLDGS ORD EUR0.001 2.00 ALPHABET A USD0.001 1.89 SYNCONA ORD NPV 1.50 BLACKROCK WORLD MINING TST ORD GBP0.05 1.42 BT GRP ORD GBP0.05 1.22 CHARTER COMMUNICATIONS -A USD0.001 1.21 DIAGEO GBP28.93518 1.18 ELECTRA PRIVATE EQTY GBP 0.25 1.18 HEINEKEN HLDGS EUR1.6 1.12 PAYPAL HLDGS USD0.0001 1.11 UNILEVER GBP0.031111 1.04 VIVENDI EUR5.5 0.99 ARCELORMITTAL NPV 0.98 SCHRODER REAL ESTATE INV TST ORD NPV 0.98 THERMO FISHER SCIENTIFIC USD1 0.90 WALT DISNEY CO USD0.01 0.88 INTUIT USD0.01 0.87 LLOYDS BANKING GRP GBP0.1 0.87 SMURFIT KAPPA GRP EUR0.001 0.83 VINCI EUR2.5 0.83 FREEPORT-MCMORAN USD0.1 0.83 TAIWAN SEMICONDUCTOR MANUFACTURING 1 ADS REP 5 ORD TWD10 0.82 CANADIAN PACIFIC RAILWAY NPV 0.78 NINTENDO CO NPV 0.77 RELX GBP0.144397 0.77 LONDON STK EXCHANGE GRP GBP0.06918605 0.76 TESCO GBP0.0633333 0.75 NATWEST GRP GBP1 0.75 BARCLAYS GBP0.25 0.74 FLUTTER ENT GBP0.09 0.74 UNITEDHEALTH GRP USD0.01 0.73 NATL GRID ORD GBP0.12431289 0.73 FACEBOOK A USD0.000006 0.72 MONDELEZ INTL USD0.01 0.72 MICROSOFT CORP USD0.00000625 0.71 BAE SYSTEMS ORD GBP0.025 0.71 SHISEIDO CO NPV 0.70 FISERV USD0.01 0.69 VH GBL SUSTAINABLE ENERGY NPV 0.69 PEPSICO USD0.017 0.69 TENCENT HLDGS HKD0.00002 0.68 SAFRAN EUR0.20 0.67 MERCADOLIBRE COM USD0.001 0.66 PEARSON GBP0.25 0.66 CRH EUR0.32 0.64 LVMH MOET HENNESSY LOUIS VUI EUR0.3 0.64 BAXTER INTL COM USD1 0.62 COOPER COS COM USD0.10 0.62 MASTERCARD A USD0.0001 0.62 BREEDON GRP NPV 0.61 SHOPIFY
    [Show full text]
  • Portfolio Holdings: Invesco Select Trust Plc - UK Equity Portfolio Data As at 30-Jun-21
    Portfolio Holdings: Invesco Select Trust plc - UK Equity Portfolio Data as at 30-Jun-21 STOCK NAME ISIN LOCAL CURRENCY SHARES BID MARKET VALUE (GBP) % PORTFOLIO (EXCL CASH) NEXT PLC ORD 10P GB0032089863 GBP 107,413 8,438,365 4.8% BARCLAYS ORD 25P GB0031348658 GBP 3,940,179 6,742,434 3.8% NATIONAL GRID ORD 12.431289P GB00BDR05C01 GBP 707,237 6,512,238 3.7% SSE PLC ORD 50P GB0007908733 GBP 432,525 6,487,875 3.7% ASTRAZENECA ORD USD0.25 GB0009895292 GBP 73,857 6,413,003 3.6% RELX PLC ORD 14.44P GB00B2B0DG97 GBP 328,741 6,306,896 3.6% ROYAL DUTCH SHELL 'B'SHS EUR0.07 GB00B03MM408 GBP 433,505 6,064,735 3.5% BARRICK GOLD CORP COMMON CAD CA0679011084 CAD 405,719 6,062,509 3.5% BP PLC ORD USD0.25 GB0007980591 GBP 1,753,231 5,522,678 3.1% EXPERIAN GROUP ORD NPV GB00B19NLV48 GBP 170,579 4,752,331 2.7% NEWMONT CORPORATION COM US6516391066 USD 103,334 4,733,335 2.7% LEGAL & GENERAL GP ORD 2.5P GB0005603997 GBP 1,732,541 4,463,026 2.5% FERGUSON PLC GBP0.1 JE00BJVNSS43 GBP 41,560 4,174,702 2.4% BRIT AMER TOBACCO ORD 25P GB0002875804 GBP 147,745 4,136,860 2.4% YOUNG & CO BREWERY NON VTG ORD 12.5P GB00B2NDK989 GBP 465,141 4,037,424 2.3% SMITH & NEPHEW ORD USD0.20 GB0009223206 GBP 256,019 4,000,297 2.3% BUNZL ORD 32.14857P GB00B0744B38 GBP 165,948 3,961,179 2.3% ASHTEAD GROUP ORD 10P GB0000536739 GBP 68,002 3,647,627 2.1% ULTRA ELECTRONIC ORD 5P GB0009123323 GBP 156,379 3,577,952 2.0% VODAFONE GROUP ORD USD0.2095238 GB00BH4HKS39 GBP 2,930,517 3,555,889 2.0% CRODA INTL ORD 10.609756P GB00BJFFLV09 GBP 46,675 3,439,014 2.0% BARRATT DEVEL ORD 10P GB0000811801
    [Show full text]
  • Keystone Investment Trust Half Year Report
    Keystone HY 6pp.qxp 14/05/2019 11:43 Page 1 Keystone Investment Trust plc Half-Yearly Financial Report for the Six Months to 31 March 2019 Keystone Investment Trust plc is a public listed investment company whose Dividend shares are traded on the London Stock Exchange. The Company is managed As announced on 9 May 2019, the Board is pleased to confirm it has made the by Invesco Fund Managers Limited. decision to change the frequency and relative proportions of the Company’s dividend payments. The Board believes that paying quarterly dividends will OBJECTIVE OF THE COMPANY provide shareholders with a more attractive flow of income. The Board has The objective of Keystone Investment Trust plc is to provide shareholders with declared a first interim dividend of 24p per ordinary share, which will be paid on 14 June 2019 to shareholders on the register on 17 May 2019. The shares will long-term growth of capital, mainly from UK investments. be marked ex-dividend on 16 May 2019. This first interim dividend reflects Full details of the Company’s investment policy, risk and limits can be found payment of two quarters under the new quarterly model. In the absence of in the annual financial report for the year ended 30 September 2018. unexpected circumstances, it is expected that the total ordinary dividend for the financial year to 30 September 2019, excluding any special dividend, will be PERFORMANCE STATISTICS similar to, but not less than, last year’s ordinary dividend. SIX MONTHS ENDED 31 MARCH 2019 2018 The Board Total Return(1)(3) (dividends reinvested) Following the AGM in January 2019, I succeeded Beatrice Hollond as Chairman Net asset value (NAV)(2)(3) –4.2% –4.2% of the Company.
    [Show full text]
  • FTSE 350 Companies Audited by KPMG
    FTSE 350 companies audited by KPMG KPMG LLP1 expects to issue an audit report for 67 FTSE 350 companies within the next 12 months Data as at 30 June 2021 Company FTSE Index2 Industry classification (ICB Supersector)2 3i Group Plc FTSE 100 Financial services Aggreko Plc FTSE 250 Industrial goods and services AO World Plc FTSE 250 Retail Ascential Plc FTSE 250 Technology Ashmore Group Plc FTSE 250 Financial services Auto Trader Group Plc FTSE 100 Technology AVI Global Trust plc FTSE 250 Financial services Avon Rubber Plc FTSE 250 Industrial goods and services B&M European Value Retail SA FTSE 100 Retail Baillie Gifford Japan Trust Plc FTSE 250 Financial services Baillie Gifford Shin Nippon FTSE 250 Financial services Baillie Gifford US Growth Trust FTSE 250 Financial services Balfour Beatty Plc FTSE 250 Consumer products and services Barclays Plc FTSE 100 Banks Berkeley Group Holdings (The) Plc FTSE 100 Consumer products and services Big Yellow Group plc FTSE 250 Real estate British American Tobacco Plc FTSE 100 Food, beverage and tobacco BT Group Plc FTSE 100 Telecommunications Capita Plc FTSE 250 Industrial goods and services Chemring Group Plc FTSE 250 Industrial goods and services Compass Group Plc FTSE 100 Consumer products and services Computacenter Plc FTSE 250 Technology Croda International Plc FTSE 100 Basic resources Entain Plc FTSE 100 Travel and leisure Experian Plc FTSE 100 Industrial goods and services Grainger Plc FTSE 250 Real estate HICL Infrastructure Plc FTSE 250 Financial services International Consolidated Airlines Group
    [Show full text]
  • Witan Investment Trust Plc Portfolio Listing As at 31.03.2021
    WITAN INVESTMENT TRUST PLC PORTFOLIO LISTING AS AT 31.03.2021 SECURITY % OF TOTAL INVESTMENT APAX GBL ALPHA NPV 2.93 PRINCESS PRIVATE EQTY HLDGS ORD EUR0.001 1.88 SYNCONA ORD NPV 1.67 ALPHABET A USD0.001 1.63 BLACKROCK WORLD MINING TST ORD GBP0.05 1.61 BT GRP ORD GBP0.05 1.17 CHARTER COMMUNICATIONS -A USD0.001 1.16 TAIWAN SEMICONDUCTOR MANUFACTURING 1 ADS REP 5 ORD TWD10 1.16 DIAGEO GBP28.93518 1.14 PAYPAL HLDGS W/I USD0.0001 1.08 HEINEKEN HLDGS EUR1.6 1.05 UNILEVER GBP0.031111 1.05 ARCELORMITTAL NPV 0.98 BARCLAYS GBP0.25 0.94 WALT DISNEY CO USD0.01 0.92 VIVENDI EUR5.5 0.90 ELECTRA PRIVATE EQTY GBP 0.25 0.90 APPLIED MATERIALS USD0.01 0.90 INTUIT USD0.01 0.85 NINTENDO CO NPV 0.85 CANADIAN PACIFIC RAILWAY NPV 0.83 TESCO GBP0.0633333 0.83 THERMO FISHER SCIENTIFIC USD1 0.82 VINCI EUR2.5 0.81 TENCENT HLDGS HKD0.00002 0.80 RELX GBP0.144397 0.78 NATWEST GRP GBP1 0.78 LLOYDS BANKING GRP GBP0.1 0.77 FLUTTER ENT GBP0.09 0.76 SMURFIT KAPPA GRP EUR0.001 0.76 FREEPORT-MCMORAN USD0.1 0.75 LONDON STK EXCHANGE GRP GBP0.06918605 0.74 BAE SYSTEMS ORD GBP0.025 0.74 SCHRODER REAL ESTATE INV TST ORD NPV 0.73 MONDELEZ INTL USD0.01 0.72 SHISEIDO CO NPV 0.72 FISERV USD0.01 0.72 UNITEDHEALTH GRP USD0.01 0.72 PEPSICO USD0.017 0.71 VH GBL SUSTAINABLE ENERGY NPV 0.70 NATL GRID ORD GBP0.12431289 0.70 FACEBOOK A USD0.000006 0.69 TAIWAN SEMICONDUCTOR MANUFACTURING TWD10 0.65 MERCADOLIBRE COM USD0.001 0.65 SAFRAN EUR0.20 0.64 BAXTER INTL COM USD1 0.64 MICROSOFT CORP USD0.00000625 0.64 PEARSON GBP0.25 0.61 COOPER COS COM USD0.10 0.61 CVS HEALTH CORP USD0.01 0.61 MASTERCARD
    [Show full text]
  • Lazard Investment Funds
    Lazard Fund Managers Limited Lazard Investment Funds Interim Report & Financial Statements For the period ended 31 March 2021 Lazard Investment Funds - Interim Report and Financial Statements March 2021 Contents Company Information and Director’s Report* 3 Notes to the Financial Statements of all Sub-funds 5 Lazard Developing Markets Fund 6 Lazard Emerging Markets Fund 13 Lazard European Alpha Fund 20 Lazard European Smaller Companies Fund 27 Lazard Global Equity Income Fund 34 Lazard Managed Balanced Fund 41 Lazard Managed Equity Fund 50 Lazard Multicap UK Income Fund 58 Lazard UK Omega Fund 66 Lazard UK Smaller Companies Fund 74 Management and Professional Services* 82 * Collectively these pages together with the Investment Manager’s Reports, Portfolio Statements and Fund Facts of the individual Sub-funds comprisetheAuthorised Corporate Directors’ Report. Information specific to each Sub-fund is detailed within its respective section. 2 Lazard Investment Funds - Interim Report and Financial Statements March 2021 Company Information and Director’s Report Company Lazard Investment Funds Registered Number IC42 Registered Office 50 Stratton Street London W1J 8LL Director The Authorised Corporate Director (‘ACD’) is Lazard Fund Managers Limited which is the sole director. Board of Directors of the ACD Nicholas Ian Emmins Nathan Paul John Reinsberg Jeremy Taylor Hemen Victor Tseayo Director’s Report The Director presents its report and financial statements of the Lazard Investment Funds (’the Company’) for the period ended 31 March 2021. Incorporation
    [Show full text]
  • United Kingdom Small Company Portfolio-Institutional Class As of March 31, 2021 (Updated Monthly) Source: State Street Holdings Are Subject to Change
    United Kingdom Small Company Portfolio-Institutional Class As of March 31, 2021 (Updated Monthly) Source: State Street Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. This fund operates as a feeder fund in a master-feeder structure and the holdings listed below are the investment holdings of the corresponding master fund. Your use of this website signifies that you agree to follow and be bound by the terms and conditions of use in the Legal Notices.
    [Show full text]
  • JHVIT Quarterly Holdings 6.30.2021
    John Hancock Variable Insurance Trust Portfolio of Investments — June 30, 2021 (unaudited) (showing percentage of total net assets) 500 Index Trust 500 Index Trust (continued) Shares or Shares or Principal Principal Amount Value Amount Value COMMON STOCKS – 97.6% COMMON STOCKS (continued) Communication services – 10.9% Hotels, restaurants and leisure (continued) Diversified telecommunication services – 1.2% Marriott International, Inc., Class A (A) 55,166 $ 7,531,262 McDonald’s Corp. 155,101 35,826,780 AT&T, Inc. 1,476,336 $ 42,488,950 MGM Resorts International 86,461 3,687,562 Lumen Technologies, Inc. 208,597 2,834,833 Norwegian Cruise Line Holdings, Ltd. (A) 75,206 2,211,808 Verizon Communications, Inc. 858,032 48,075,533 Penn National Gaming, Inc. (A) 30,865 2,360,864 93,399,316 Royal Caribbean Cruises, Ltd. (A) 45,409 3,872,480 Entertainment – 1.9% Starbucks Corp. 244,224 27,306,685 Activision Blizzard, Inc. 160,872 15,353,624 Wynn Resorts, Ltd. (A) 21,994 2,689,866 Electronic Arts, Inc. 60,072 8,640,156 Yum! Brands, Inc. 62,442 7,182,703 Live Nation Entertainment, Inc. (A) 30,014 2,628,926 151,933,613 Netflix, Inc. (A) 91,957 48,572,607 Household durables – 0.4% Take-Two Interactive Software, Inc. (A) 24,146 4,274,325 D.R. Horton, Inc. 68,073 6,151,757 The Walt Disney Company (A) 376,832 66,235,761 Garmin, Ltd. 31,500 4,556,160 145,705,399 Leggett & Platt, Inc. 27,959 1,448,556 Interactive media and services – 6.3% Lennar Corp., A Shares 55,918 5,555,453 Alphabet, Inc., Class A (A) 62,420 152,416,532 Mohawk Industries, Inc.
    [Show full text]