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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 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020

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.

TCFD Reports

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 195p
X Class Net Income 94p
 
 
Net Asset Value as at 12:00 on 15th October 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.
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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.
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