Lloyds Investment Fund Managers Limited
MULTI STRATEGY FUND - AGGRESSIVE STRATEGY
January 2016 Factsheet
FUND OBJECTIVE
MARKET OVERVIEW
Seek to provide adventurous growth achieved through investment in international equity and UK equity
funds. There is no exposure to cash, gilt, corporate bond or property funds. This Strategy carries a higher risk
of loss to capital value and return, particularly in the short to medium term but with the potential for good
growth over the medium to long term.
Portfolio Breakdown
FUND PERFORMANCE
31/12/14 to
31/12/15 (%)
31/12/13 to
31/12/14 (%)
31/12/12 to
31/12/13 (%)
31/12/11 to
31/12/12 (%)
31/12/10 to
31/12/11 (%)
2.63
6.12
22.76
11.46
-9.23
Euro (€)
8.65
13.25
20.29
14.59
-6.62
US dollar ($)
-2.34
-0.04
25.58
16.93
-9.71
Sterling (£)
The figures show the performance growth over 5 years as discrete 12 month periods, on a mid price basis
with gross income reinvested. All charges and fees, except any initial charge, have been included in the
performance figures. Source: FE.
Past performance should not be seen as an indication of future performance.
The value of investments and the income from them can go down as well as up and cannot be guaranteed.
Investments in a currency other than the shareholder’s own currency, or in a fund that invests in securities
denominated in currencies other than its own base currency, will be subject to the movements of foreign
exchange rates, which may cause an additional favourable or unfavourable change in value. Consequently,
investors may, on selling their shares, receive an amount greater or less than their original investment.
PORTFOLIO BREAKDOWN (%)
UK Equity Funds
US Equity Funds
Continental European Equity
Funds
Pacific Basin Equity Funds
Japanese Equity Funds
Emerging Market Equity Funds
US Small Cap Equity Funds
Cash
34.43
28.34
12.14
7.27
6.77
5.19
4.99
0.87
EQUITY INVESTMENTS
Sector
Sector Exposure as
percentage of Equity
Consumer Discretionary
16.8
-
Consumer Staples
8.1
-
Energy
6.8
-
Financials
20.8
-
Health Care
10.4
-
Industrials
14.1
-
Information Technology
10.7
-
Materials
6.0
-
Telecommunication Services
4.3
-
Utilities
2.0
-
All data as at 31st December 2015 unless otherwise stated.
Global markets gained in aggregate over the
fourth quarter as the negative effects of
China’s third quarter slowdown began to
fade and the US Federal Reserve ("Fed")
moved towards policy tightening, exhibiting
confidence in the American economy’s
steady recovery. In Europe, investors were
slightly disappointed by the European
Central Bank’s timid actions to quell sluggish
growth, whilst the downward trend of the oil
price weighed on Emerging Markets. In
Japan, equities surged 9.2% with the nation’s
economy escaping a technical recession as
third quarter Gross Domestic Product growth
was revised upwards from -0.8% to +1.0% on
an annualised basis.
MULTI STRATEGY FUND - AGGRESSIVE STRATEGY
January 2016 Factsheet
GENERAL INFORMATION
TOP TEN EQUITY INVESTMENTS
Security Name
Sector
Country
%
GlaxoSmithKline PLC
Health Care
United Kingdom
1.1
AstraZeneca PLC
Health Care
United Kingdom
1.1
Royal Dutch Shell PLC (Class B)
Energy
United Kingdom
0.9
BP PLC
Energy
United Kingdom
0.9
British American Tobacco PLC
Consumer Staples
United Kingdom
0.9
Apple Inc
Technology
United States
0.9
£1.8330
€2.4880
$2.7180
HSBC Holdings PLC
Financials
United Kingdom
0.8
Estimated Yield
RELX Group plc
Health Care
United Kingdom
0.7
0.00%
Vodafone Group PLC
Communications
United Kingdom
0.7
Minimum Initial Investment
Pfizer Inc
Health Care
United States
0.6
These figures represent the largest investments in the underlying funds in which the strategy invested as at
the 31st December 2015.
Value of Fund as at 31st December
2015
£12.94m
Dealing Price as at 31st December
2015
£10,000 or currency equivalent
Minimum Subsequent Investment
£1,000 or currency equivalent
Minimum Regular Savings Investment
£100/US$200/€200 per month
Initial Charge
5%
Annual Management Charge
1.75%
Sedol/ISIN
B02F8C0/GB00B02F8C02
CONTACT DETAILS
Telephone: +44 (1534) 845555
(9am – 5pm Monday to Friday excluding bank holidays)
Website: www.international.lloydsbank.com/international-investments/funds
Telephone calls may be recorded and monitored.
This document has been issued by Lloyds Investment Fund Managers Limited (the “Manager”). Registered office: PO Box 160, 25 New Street, St Helier, Jersey, Channel
Islands, JE4 8RG. Lloyds Multi Strategy Fund Limited (the “Fund”) is authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey)
Law, 1988.
Please note that any opinions expressed in this document are the opinions of the Manager and/or the Asset Allocation Adviser which cannot be taken as fact. Where not
otherwise stated, all information contained in this document is provided by the Manager. Russell Investment Group provides the top ten equity holdings, sector breakdowns
and all other commentary. Aberdeen Asset Investments Limited are the Asset Allocation Adviser to the Manager.
Legislation or regulations in your home jurisdiction may prohibit you from entering into such a transaction with us. We reserve the right to make final determination on
whether you are eligible for any products or services.
Collective investment funds are generally medium to long-term investments. They are traded at the dealing prices and may engage in borrowing and stocklending.
Details of any commissions payable and copies of the Prospectus are available free of charge upon request from the Manager.
OB1221 / 01 16