Quick Stats

Mid Price GBX 130.98 Day Change GBX +0.03 (0.02%)
Price Date 15 Feb 2019 Crown Rating 4
Shares Class Acc. Yield 4.44 %
Last Ex-Dividend Date 30 November 2018 Dividend Frequency -
Sector UK All Companies Fund Size 5,744,992.24
Launch Date 14/09/2007 Standard Initial Charge 5.00%
Ongoing cost 2.20% Annual Management Charge 1.50%
ISIN GB00B1Z8MD27 Sedol B1Z8MD2

Fund Objective

The objective of the VT Munro Smart-Beta UK Fund (the “Subfund”) is to maximize the overall return by seeking to replicate the performance of the Freedom Smart-Beta UK Dividend Index.1 The Sub-fund will invest mainly in UK securities listed on the London Stock Exchange. The Sub-fund will be constructed on the basis of the underlying fundamental financial attributes of the companies listed on the London Stock Exchange rather on their market capitalisation. The weight of each company in the Sub-fund will be determined by the proportion that its forecast total dividend will be expected to make of the total income of all the companies held in the Sub-fund. The Sub-fund may also invest in other transferable securities, bonds, collective investment schemes, money market instruments, cash and deposits. It is the ACD’s intention that derivatives be used for hedging purposes using efficient portfolio management style techniques. The ACD does not intend to have an interest in any immovable property or tangible movable property. The Company will be managed in a manner that maintains eligibility for the stocks and shares component of a personal equity plan or individual savings account.

Fund Managers

Robert Davies
Rob Davies is responsible for the VT Smart Dividend UK Fund. This Smart-Beta fund was acquired by Valu-Trac from Maven Capital Partners in October 2015 after the PE firm had owned it for two and half years. Rob has run the fund since inception in September 2007 when it was called the Munro Fund. Rob worked for 15 years in the City for a number of brokers and investment banks as a mining analyst then joined the Private Client Department of Clydesdale Bank as Senior Investment Analyst after a few years at The Motley Fool as a writer.