Valu-Trac Investment Management Limited

 
 
Home

Investor Portal

About Valu-Trac

ACD Services

Careers

Contact Us
 
  Valu-Trac Administration
Services (VTAS)
 
 
 
 
 
     
 
   Moray Place Investment Company
 
   Alligator Fund ICVC
 
   EPIC Markets (UK) LLP
   -  VT EPIC Asian Centric Global Growth
Fund
   -  VT EPIC Diversified Income Fund
   -  VT EPIC Multi Asset Funds
   -  VT EPIC UK Equity Market Fund
 
   Protean Capital LLP
   -  VT Protean Capital Elder Fund
   -  VT Protean Capital PROCSI CoRE Fund
 
   The Discovery Fund
   -  Discovery Balanced Fund
   -  Discovery Cautious Fund
   -  Discovery Growth Fund
 
   Valu-Trac Equity Income Fund A
 
   VT AI-FUNDS Tactical High Yield Bond
 
   VT AJ Bell Funds ICVC
   -  VT AJ Bell Adventurous Fund
   -  VT AJ Bell Balanced Fund
   -  VT AJ Bell Cautious Fund
   -  VT AJ Bell Global Growth Fund
   -  VT AJ Bell Income Fund
   -  VT AJ Bell Income & Growth Fund
   -  VT AJ Bell Moderately
Adventurous Fund
   -  VT AJ Bell Moderately
Cautious Fund
   -  VT AJ Bell Responsible Growth Fund
 
   VT Argonaut Funds
   -  VT Argonaut Absolute Return Fund
   -  VT Argonaut Equity Income Fund
   -  VT Argonaut European Alpha Fund
 
   VT Asset Intelligence Funds
   -  VT Asset Intelligence Defensive Fund
   -  VT Asset Intelligence Growth Fund
 
   VT Astute Funds ICVC
   -  VT Astute Balanced Fund
   -  VT Astute Conservative Fund
   -  VT Astute Growth Fund
 
   VT Avastra Funds
   -  VT Avastra Global Alternatives Fund
   -  VT Avastra Global Equity Fund
   -  VT Avastra Global Fixed Income Fund
 
   VT Blackfinch Funds ICVC
   -  VT Blackfinch Balanced Portfolio Fund
   -  VT Blackfinch Cautious Portfolio Fund
   -  VT Blackfinch Defensive Portfolio Fund
   -  VT Blackfinch Income Portfolio Fund
 
   VT Brompton Funds ICVC
   -  VT Brompton Adventurous Fund
   -  VT Brompton Cautious Fund
 
   VT Cantab Funds ICVC
   -  VT Cantab Balanced
   -  VT Cantab Moderate
   -  VT Cantab Sustainable Global Equity Fund
 
   VT Cape Wrath Focus Fund
 
   VT Castlebay UK Equity Fund
 
   VT Chelsea Managed ICVC
   -  VT Chelsea Managed Agressive
Growth Fund
   -  VT Chelsea Managed Balanced Growth Fund
   -  VT Chelsea Managed Cautious Growth Fund
   -  VT Chelsea Managed Monthly Income Fund
 
   VT Clear Peak Capital UK Long/Short Equity
Fund
 
   VT De Lisle America Fund
 
   VT Dominium Holdings ICVC
 
   VT Downing Funds
   -  VT Downing European Unconstrained
Income Fund
   -  VT Downing Global Investors Fund
   -  VT Downing Listed Infrastructure
Income Fund
   -  VT Downing Small & Mid-Cap Income Fund
   -  VT Downing Unique Opportunities Fund
 
   VT Downing Fox Funds
   -  VT Downing Fox 40% Equity
   -  VT Downing Fox 60% Equity
   -  VT Downing Fox 80% Equity
   -  VT Downing Fox 100% Equity
 
   VT Esprit FS ICVC
   -  VT Esprit Careful Growth Fund
   -  VT Esprit Sustainable Growth Fund
   -  VT Esprit Tactical Alpha Plus Fund
   -  VT Esprit Tactical Balanced Fund
   -  VT Esprit Tactical Growth Fund
 
   VT Freedom UCITS OEIC
   -  VT Freedom Balanced
   -  VT Freedom Cautious
   -  VT Freedom Defensive
   -  VT Freedom Long Term Balanced
   -  VT Freedom Long Term Growth
 
   VT Garraway Absolute Equity Fund
 
   VT Global Total Return Fund
 
   VT Gravis Funds
   -  VT Gravis Clean Energy Income Fund
   -  VT Gravis Digital Infrastructure
Income Fund
   -  VT Gravis UK Infrastructure Income Fund
   -  VT Gravis UK Listed Property (Feeder) Fund
   -  VT Gravis UK Listed Property (PAIF) Fund
 
   VT Greystone Funds
   -  VT Greystone Balanced Managed Fund
   -  VT Greystone Cautious Managed Fund
   -  VT Greystone Conservative Managed Fund
   -  VT Greystone Global Growth Fund
 
   VT Halo Global Asian Consumer Fund
 
   VT Holland Advisors Equity Fund
 
   VT Johnston Financial Funds ICVC
   -  VT Johnston Cautious Portfolio
   -  VT Johnston Growth Portfolio
 
   VT KMGIM Growth
 
   VT Lyndon Fund
 
   VT Momentum Investment Funds
   -  VT Momentum Diversified Cautious
   -  VT Momentum Diversified Balanced
   -  VT Momentum Diversified Moderate
   -  VT Momentum Diversified Growth Fund
   -  VT Momentum Diversified Income Fund
 
   VT Munro Smart-Beta UK Fund
 
   VT North Capital Active Equity Fund
 
   VT PEF Global Multi-Asset Fund
 
   VT PortfolioMetrix GBP Funds ICVC
   -  VT PortfolioMetrix GBP Core Assertive Fund
   -  VT PortfolioMetrix GBP Core Balanced Fund
   -  VT PortfolioMetrix GBP Core Cautious Fund
   -  VT PortfolioMetrix GBP Allocation
Assertive Fund
   -  VT PortfolioMetrix GBP Allocation
Balanced Fund
 
   VT Portfolio Solutions ICVC
   -  VT Elston Multi-Asset Income Fund
   -  VT Elston Liquid Real Assets Index Fund
 
   VT PPM Investment Funds ICVC
   -  VT Dromore Investment Fund
   -  VT PPM Global Dynamic Fund
   -  VT Mustang Fund
 
   VT Price Value Portfolio
 
   VT Redlands Funds
   -  VT Redlands Equity Portfolio
   -  VT Redlands Fixed Income Portfolio
   -  VT Redlands Multi-Asset Portfolio
   -  VT Redlands Property Portfolio
 
   VT RM Funds ICVC
   -  VT RM Alternative Income Fund
   -  VT RM Global Real Opportunities Fund
 
   VT Rossie House Portfolio Fund
 
   VT SG UK Defined Return Assets Fund
 
   VT Sinfonia OEIC
   -  VT Sinfonia Adventurous Growth Portfolio
   -  VT Sinfonia Balanced Managed Portfolio
   -  VT Sinfonia Cautious Managed Portfolio
   -  VT Sinfonia Income Portfolio
   -  VT Sinfonia Income and Growth Portfolio
 
   VT Smartfund ICVC
   -  VT Smartfund Balanced Strategy
   -  VT Smartfund Cautious Strategy
   -  VT Smartfund Growth Strategy
 
   VT Sorbus Vector Funds ICVC
   -  VT Sorbus Vector Fund 1
   -  VT Sorbus Ethics Fund
   -  VT Shaheen Global
   -  VT Blackwood Keystone
   -  VT Blackwood Prime
 
   VT Tatton Oak ICVC
   -  VT Active Portfolio Overlay Fund
   -  VT Aggressive Portfolio Overlay Fund
   -  VT Balanced Portfolio Overlay Fund
   -  VT Tatton Blended Active Fund
   -  VT Tatton Blended Aggressive Fund
   -  VT Tatton Blended Balanced Fund
   -  VT Tatton Blended Cautious Fund
   -  VT Tatton Blended Defensive Fund
   -  VT Tatton Oak Capital Growth Fund
   -  VT Tatton Oak Cautious Growth Fund
   -  VT Cautious Portfolio Overlay Fund
   -  VT Defensive Portfolio Overlay Fund
 
   VT Teviot UK Smaller Companies Fund
 
   VT Tyndall Funds ICVC
   -  VT Tyndall Global Select Fund
   -  VT Tyndall North American Fund
   -  VT Tyndall Unconstrained UK Income Fund
 
   VT Vanneck Funds
   -  VT Vanneck Defensive Fund
   -  VT Vanneck Global Equity Income Fund
   -  VT Vanneck Global Growth Fund
   -  VT Vanneck Investment Growth Fund
 
   VT Woodhill UK Equity Strategic Fund
 
     

 

 

VT Munro Smart-Beta UK Fund

Munro Banner

FUND OBJECTIVES

The Fund aims to maximise overall returns by seeking to replicate the performance of the Elston Smart-Beta UK Dividend Index. The Fund will invest mainly in large and medium sized companies, except investment trusts, that are listed on the London Stock Exchange. The Fund′s portfolio will be determined by investing most in those companies that are expected to make the larger dividend payments. For detailed information, please refer to the Key Investor Information Document.

WHY THIS FUND?

  1. The provides exposure to systematically-selected income-generative UK equities
  2. The fund tracks an index whose security selection process captures changes in forecast dividends; weights holdings by forecast dividend contribution; and adjusts for dual-listings
  3. The fund pays out a monthly distribution to Income unitholders

HOW IT WORKS

Our ″smart beta″ approach reflects that there is a differentiated (″smart″) approach to index investing (″beta″). The fund′s index∗ follows the following systematic approach:



How our Smart Beta approach works

∗The fund′s index is the Elston Smart-Beta UK Dividend Index


KEY POINTS

  1. Forward-looking
  2. Dividend-weighted
  3. Monthly-income

Prospectus

Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019

Application Form VT Munro Smart-Beta UK Fund - Individuals
Application Form VT Munro Smart-Beta UK Fund - Institutional

Key Investor Information - Class X

Latest Factsheet

Assessment of value statements are published annually for this fund - These reports are useful to give an overview of how the Fund has performed in comparison to industry comparators.

Latest Blog Looking ahead to lower interest rates

Expectations that US interest rates, and possibly UK rates as well, will start to move lower in 2024 were the main drivers behind a modest, but meaningful, upward move in UK listed equities in December. A corresponding small drop in oil prices also helped to create positive sentiment. That was why...   Click here to see more
   
Blog Archive  
November 2023 Value bias undermined by interest rate optimism
October 2023 Investors cautious on earnings assumptions
September 2023 Value stocks outperform in September
August 2023 UK equities remain cheap
July 2023 Performance of Value picks up
June 2023 Sterling pressure affects UK dividends
May 2023 Looking for Direction
April 2023 Uncertainty in the banking sector
February 2023 Reinvested dividends support returns
January 2023 Yield is back
December 2022 Inflation expectations diverge
May 2022 Value investing can protect against the corrosive effect of inflation.
May 2022 QE and index funds have deformed the stock market as predicted by Goodhart′s Law.
March 2022 Value still seen as optimal inflation hedge
February 2022 Value-bias provides resilience
January 2022 2021 UK equity segment performance
November 2021 Value in inflationary times
September 2021 Whose rules should determine investment portfolios?
January 2021 Every crisis has different reasons to be the same
April 2020 Why link executive pay to share price?
August 2019 Is past performance really no guide to the future?
October 2016 To trade, or not to trade?
September 2016 Don't be fooled by the decimal point
August 2016 Now it is easier to see what risk is
July 2016 Big caps are back
June 2016 The hunt for yield
May 2016 Has QE come to an end?
April 2016 Conflicts arise when the agent becomes a principal as well.
March 2016 Smart-Beta is...



The latest net asset value per share is as follows:

 

X Class Net Accumulation 177p
X Class Net Income 89p
 
 
Net Asset Value as at 12:00 on 18th March 2024.
 

 

Past performance is not necessarily an indication of future results

 

Questions and Queries

For frequently asked questions or further information about your holdings or this fund please:

Email the Fund Team smartbeta@valu-trac.com or call us on: 01343 880 344 and quote the fund name.

 

 

WARNING: The information on this page is presented by Valu-Trac using all reasonable skill, care and diligence and has been obtained from or is based on third party sources believed to be reliable but is not guaranteed as to its accuracy, completeness or timeliness, nor is it a complete statement or summary of any securities, markets or developments referred to. The information on this page should not be regarded by recipients as a substitute for the exercise of their own judgement.
The information on this page has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient and is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. In the absence of detailed information about you, your circumstances or your investment portfolio, the information does not in any way constitute investment advice. If you have any doubt about any of the information presented, please consult your stockbroker, accountant, bank manager or other independent financial advisor.
Value of investments can fall as well as rise and you may not get back the amount you have invested. Income from an investment may fluctuate in money terms. If the investment involves exposure to a currency other than that in which acquisitions of the investments are invited, changes in the rates of exchange may cause the value of the investment to go up or down. Past performance is not necessarily a guide to future performance.
Any opinions expressed on this page are subject to change without notice and Valu-Trac is not under any obligation to update or keep current the information contained herein. Sources for all tables and graphs herein are Valu-Trac unless otherwise indicated.
The information provided is "as is" without any express or implied warranty of any kind including warranties of merchantability, non-infringement of intellectual property, or fitness for any purpose. Because some jurisdictions prohibit the exclusion or limitation of liability for consequential or incidental damages, the above limitation may not apply to you.
Users are therefore warned not to rely exclusively on the comments or conclusions within the page but to carry out their own due diligence before making their own decisions.
Valu-Trac Investment Management Limited and its affiliated companies, employees of Valu-Trac Investment Management Limited and its affiliated companies, or individuals connected to them, may have or have had interests of long or short positions in, and may at any time make purchases and/or sales as principal or agent in, the relevant securities or related financial instruments discussed on this page.
© 2023 Valu-Trac Investment Management Limited. Authorised and regulated by the Financial Conduct Authority (UK), registration number 145168. This status can be checked with the FCA on 0800 111 6768 or on the FCA website (UK). All rights reserved. No part of this page may be reproduced or distributed in any manner without the written permission of Valu-Trac Investment Management Limited. Valu-Trac is a registered trademark.

Copyright © 2024. All rights reserved. | www.valu-trac.com | FAQs |Conflicts of Interest | Stewardship Code | MiFIDPRU 8 Disclosures | Complaints Procedure
Supplementary Information Document (SID) | Shareholder Rights Directive | Treating Customers Fairly Policy | Anti-slavery Policy | Sub-Custodians | Privacy Policy | Disclaimer