Liontrust UK Growth Fund

Select share classes
There is only one type of share class for this fund.

Liontrust UK Growth Fund I Inc

A Select 50 Fund - Fidelity insight
Category UK Flex-Cap Equity



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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

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arrow-up2.78p (+0.55%)

Fund Code

LTUGI

B56BDS0

GB00B56BDS09

Prices updated as at 28 Mar 2024
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Prices in GBX

Investment objective
The Fund aims to deliver capital growth over the long term (5 years or more). The Fund will invest at least 90% in companies which are incorporated, domiciled or conduct significant business in the United Kingdom (UK). The Fund will typically invest 90% (minimum 80%) in equities or equity related derivatives but may also invest in collective investment schemes (up to 10% of Fund assets), corporate debt securities, other transferable securities, money market instruments, warrants, cash and deposits.

Our view

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Why we like the fund: This fund invests primarily in companies listed in the UK, although it may invest smaller amounts into companies listed outside the UK too. Liontrust seems committed to investing in its UK equity team, which is rare as many investment firms have reduced UK equity resourcing and focus more on global capabilities. The team is comprised of seasoned UK managers with a clear investment philosophy. They seek to identify companies that possess intangible assets or other durable competitive advantages that will allow them to defy industry competition and sustain a higher-than-average level of profitability for longer than expected. This is difficult, but the team has done it well over the long term. How to use the fund: The fund’s approach has a ‘quality’ bias, leading it to buy companies that tend to be more expensive than others. Because of this, the manager takes a very long-term view when investing, to allow for the power of compounding to take effect. Investors should do the same, investing over a period of ten years or more. This approach blends well with a ‘value’ fund such as Fidelity Special Situations.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.