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Smith & Williamson Defensive Growth A

Ranked 7 out of 57 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Genevra Banszky von Ambroz

James Burns

James Burns was born in 1976 in Edinburgh, and obtained an MA in Management from St Andrews University in 1998. He joined Smith and Williamson in 1999 and is currently portfolio manager of the Nucleus Global Investment Fund and the Endurance Balanced Fund. He is a member of the Securities and Investment Institute. James list golf, tennis, rugby, soccer, theatre and hockey among his interests outside of fund management

Objective

The investment objective of the Fund is to achieve long-term steady capital growth by adopting a policy to normally invest at least 50% of the assets in zero dividend preference shares (zeros), and synthetic zeros. The Fund may also invest in other transferable securities, money market instruments, deposits, collective investment schemes and warrants.

Showing fund performance in United Kingdom View performance globally

Performance

Absolute Return GBP over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 4.9%
2018 -0.8% -1.8% 2.6% 1.6% -3.1%
2017 6.4% 2.2% 0.8% 1.3% 2.0%
2016 7.5% -0.3% 1.7% 4.9% 1.1%
2015 1.1% 1.8% -0.4% -1.0% 0.7%
2014 2.8% 0.4% 1.1% 0.1% 1.2%
2013 5.6% 3.7% -0.1% 1.3% 0.6%
2012 8.0% 3.4% -1.0% 3.0% 2.5%
2011 0.9% 0.3% 2.4% -2.5% 0.6%
2010 9.8% 2.5% -2.6% 5.9% 3.9%
2009 23.8% -2.2% 15.4% 9.8% -0.1%
2008 -21.7% -5.1% 1.6% -6.9% -12.8%
2007 3.7% 0.9% 1.2% -0.8% 2.4%
2006 6.1% 2.9% -0.6% 1.8% 1.9%
2005 8.6% 1.9% 1.4% 3.8% 1.2%
2004 10.1% 1.4% 1.8% 2.6% 4.0%
2003 24.9% -2.2% 15.8% 4.7% 5.3%
2002 -21.3% 6.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
EUR Cash 4.80%
Credit Suisse AG (London Branch) 0.000% 17-Oct-2025 3.98%
MORGAN STANLEY BV, AMSTERDAM 0.000% 10-Jul-2024 3.96%
UBS AG (Edinburgh Branch) 0.000% 25-Apr-2024 3.65%
J.P. Morgan Structured Products BV 0.000% 18-Sep-2023 3.53%
Canadian Imperial Bank of Commerce 0.000% 05-Jan-2026 3.39%
UBS AG (Edinburgh Branch) 0.000% 29-Sep-2025 3.37%
MedicX Fund Limited 3.13%
MORGAN STANLEY BV, AMSTERDAM 0.000% 16-Oct-2024 3.05%
BH Global Limited GBX 2.95%
28/02/2019

Registered For Sale In

  1. Ireland
  2. United Kingdom

Fund Info

  • Launch date12/04/2002
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN IE00B0350Q72

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment1.00%

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