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Libero Cautious LAPS Retail Acc

Ranked 97 out of 129 in - Conservative GBP over 12 months
All calculations are in GBP unless stated

Managed by

David Miller

After graduating from Cambridge in 1980 with a degree in natural sciences, David Miller began his investment career as a stockbroker at Sheppards and Chase, before moving to Fleming Private Asset Management where he was a member of the executive committee, chairman of the strategy and stock selection committees and head of charities. Following the takeover of Flemings in 2000, David became managing director and head of the UK private client investment team at JP Morgan Private Bank before moving to the Royal Bank of Canada to run the British Isles investment business. David joined Quilter Cheviot in 2007. He is now a member of various Quilter Cheviot investment committees including UK asset allocation and stock selection. Externally, he is a member of the APCIMS private investor indices committee. In addition, David is the fund manager of the Libero Cautious Fund and the Libero Strategic Fund. David is a Fellow of the Chartered Institute for Securities & Investment.

Objective

The Cautious Fund aims to preserve capital in the long term through holdings in fixed interest and cash instruments such as Treasury bonds, corporate bonds and index-linked gilts. The managers also aim to produce medium-term growth by investing some of the fund in equities, mainly FTSE 100 companies, and in other assets. The Cautious Fund aims to be more stable than the average Cautious Managed fund by restricting the maximum equity content to 35% of the portfolio compared with the maximum of 60% allowed by the Investment Management Association for cautious funds.

Showing fund performance in United Kingdom View performance globally

Performance

Conservative GBP over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 2.8%
2018 -3.6% -2.1% 2.3% -1.0% -2.7%
2017 2.6% 1.2% 0.1% -0.1% 1.4%
2016 10.6% 2.1% 4.1% 5.3% -1.1%
2015 -0.3% 3.1% -2.9% -0.5% 0.2%
2014 3.3% 0.0% 0.8% -0.3% 2.7%
2013 4.7% 3.7% -2.1% 1.5% 1.6%
2012 3.6% 1.2% 0.0% 2.1% 0.3%
2011 6.2% -0.2% 0.9% 2.3% 3.1%
2010 1.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
United Kingdom 2.000% 22-Jul-2020 17.12%
United Kingdom 1.500% 22-Jan-2021 11.53%
iShares GBP Corporate Bond 0-5yr UCITS ETF 8.37%
United Kingdom 4.250% 07-Dec-2027 7.88%
United Kingdom 2.000% 07-Sep-2025 7.25%
United Kingdom 2.250% 07-Sep-2023 7.22%
M&G Optimal Income I Inc 5.87%
United Kingdom 0.125% 22-Nov-2019 3.97%
United Kingdom 0.125% 22-Mar-2024 2.98%
PIMCO GIS Glo Invt Grd Crdt Inst GBP Hgd Inc 2.07%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/08/2010
  • Share Class size00Mn
  • Base currencyGBX
  • ISIN GB00B4JVVQ43

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment10,000

Charges

  • Annual management1.25%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).