Specialists

Introduction to Specialists

The 'Specialist' sector is a melting pot and may include everything from thematic healthcare or agriculture funds to specific regional funds, such as Latin American or Korea. The sector also increasingly contains multi-asset funds from managers who want to retain maximum flexibility in their asset allocation, plus absolute return funds.

It can be difficult to compare performance within the sector because fund managers are invested in such different types of companies and markets. As such, Latin American funds may be top in a year where the markets have performed particularly well, while healthcare funds may do well in a more risk averse investment environment. The key is to compare like with like, checking a fund's performance against both its peer group and similar funds rather than the specialist sector as a whole.

Investors will find funds in this sector that can allow them to express nuanced asset allocation views and invest in specific within their portfolios - the growth of agriculture, for example, or the ageing population.

The tax treatment of investments is subject to tax law and HMRC practice which are subject to change. 

OEICs and Unit Trusts

Name1 Year (%)3 Years (%)5 Years (%)Fund Size (M)Yield (%)
AXA Framlington Biotech Z Acc24.7966.19188.71513.99-Buy
AXA Framlington Financial Z Acc39.2947.59113.8149.731.82Buy
AXA Framlington Health Z Acc19.4860.33138.85537.150.33Buy
Aberdeen Eastern European Equity I Acc34.5324.3638.1220.191.20Buy
Aberdeen Global Emerging Markets Infrastructure Equity R2 GBP36.6221.1134.74188.651.20Buy
Aberdeen Latin American Equity I Acc39.639.3215.17203.781.00Buy
Aberdeen Multi Manager Ethical Portfolio I Acc28.6744.3491.3258.490.20Buy
Artemis Global Energy I Acc29.51-24.75-25.0641.430.96Buy
Baillie Gifford Diversified Growth B1 Acc11.1416.4831.956,599.541.49Buy
Baillie Gifford Multi Asset Growth B1 Acc12.45--400.581.48Buy
Baring Global Agriculture I Acc GBP25.1825.6353.3368.700.80Buy
Baring German Growth I Acc GBP44.8450.25144.33566.501.30Buy
BlackRock Dynamic Diversified Growth D Acc4.224.2221.262,507.671.27Buy
BlackRock Gold & General D Acc13.7339.26-12.021,189.41-Buy
BlackRock Natural Resources Growth & Income D Acc29.859.7925.9248.972.63Buy
CF Canlife Global Infrastructure C23.5434.60-13.732.09Buy
CF Canlife Global Resource C17.83-6.42-14.050.26Buy
CF Canlife Strategic Return C Acc11.88--20.760.17Buy
CF Canlife Total Return C6.801.5618.9915.222.22Buy
CF Eclectica Agriculture C Acc GBP23.3927.7342.5217.880.55Buy

OEICs and Unit Trusts

Name1 Year (%)3 Years (%)5 Years (%)Fund Size (M)Yield (%)
AXA Framlington Biotech Z Inc24.7765.36182.40513.99-Buy
AXA Framlington Financial Z Inc39.2445.21107.0849.731.85Buy
AXA Framlington Health Z Inc19.4559.44133.83537.150.33Buy
Aberdeen Financial Equity I Inc32.2142.79-47.301.30Buy
Aberdeen Multi Manager Ethical Portfolio I Inc28.6644.3391.3158.490.20Buy
Baillie Gifford Diversified Growth B Inc10.4715.7931.386,599.541.49Buy
Baring German Growth I Inc GBP42.9448.31138.03566.501.40Buy
Baring Korea Trust I Inc GBP31.5927.7554.31110.800.20Buy
BlackRock Dynamic Diversified Growth D Inc4.244.2721.302,507.671.27Buy
BlackRock Gold & General D Inc13.7239.21-12.051,189.41-Buy
BlackRock Natural Resources Growth & Income D Inc29.799.8025.8948.972.63Buy
CF Miton Global Infrastructure Income B Inc GBP---10.43-Buy
CF Miton Global Infrastructure Income F Inc GBP---10.43-Buy
CF Woodford Income Focus C Inc GBP---652.65-Buy
Consistent Unit Trust Inc17.0114.1651.3112.843.77Buy
F&C High Income C Inc6.683.759.1180.304.90Buy
F&C UK Equity Linked Gilt 2 Inc38.2154.87111.81176.241.10Buy
FP Russell Investments Real Assets C Inc8.988.7720.59115.691.51Buy
FP Tellsons Endeavour IF Inc12.7412.81-26.00-Buy
First State Global Listed Infrastructure B GBP Inc30.3860.52118.692,362.982.77Buy

Investment Trusts

Name1 Year (%)3 Years (%)5 Years (%)DiscountNAV
3i Group Plc Ord73.04147.27488.3248.48558.00Buy
3i Group Plc Pref-----Buy
3i Infrastructure20.5683.68124.8119.37165.70Buy
Aberdeen Private Equity Ltd GBP41.1057.32133.64-19.34147.69Buy
Acencia Debt Strategies Ltd22.02-0.5046.41-6.471.67Buy
Alcentra European Floating Rate Income Limited Ord8.608.8929.92-2.79104.41Buy
Allianz Technology Trust PLC68.37100.05222.56-5.201,010.53Buy
Alternative Liquidity57.37----Buy
Apax Global Alpha Limited Ord Npv25.85---12.96163.00Buy
Axiom European Financial Debt Fund Limited Ord13.35--1.26100.24Buy
BB Healthcare Trust Plc Red Ord 1p---3.76108.91Buy
BBGI SICAV S.A. Ord13.2641.8669.6115.51124.66Buy
BH Global GBP2.078.3810.91-9.661,418.00Buy
BH Global USD3.7711.6410.68-8.8014.20Buy
BH Macro EUR5.564.390.61-7.5421.36Buy
BH Macro GBP4.684.680.05-6.222,171.00Buy
Baker Steel Resources Trust71.43-10.56-62.50-27.5749.70Buy
Better Capital 200949.5668.8351.13-6.53116.08Buy
Better Capital 2012 Ord25.29-57.18-60.39--Buy
Big Yellow Group PLC-1.8372.08218.40--Buy

ETFs

Name6 Months (%)1 Year (%)3 Years (%)5 Years (%)CurrencySector
LYXOR UCITS ETF MSCI WORLD CONSUMER DISCRETIONARY TR C GBP6.5532.9965.15139.69GBXEquity - Other SpecialistBuy
iShares Dow Jones Industrial AverageSM UCITS ETF B GBP4.9036.4671.43121.66GBXEquity - Other SpecialistBuy
iShares Emerging Market Infrastructure UCITS ETF GBP6.3622.4925.2747.90GBPEquity - Other SpecialistBuy
iShares Global Infrastructure UCITS ETF GBP7.7224.1840.7571.04GBPEquity - Other SpecialistBuy
iShares Global Timber & Forestry UCITS ETF GBP9.3645.5455.35117.70GBPEquity - Other SpecialistBuy

VCTs

Name1 Year (%)3 Years (%)5 Years (%)NAVDiscountNDYSector
Edge Performance VCT Plc H-36.50-40.91-44.4759.59-21.977.53VCT Specialist Media Leisure & EventsBuy
Edge Performance VCT Plc I-36.79-46.73-48.3856.18-44.8245.16VCT Specialist Media Leisure & EventsBuy
Foresight VCT plc Infrastructure ORD 1P-2.25-2.95-2.9581.70-8.2016.00InfrastructureBuy
Hygea VCT-8.33-27.87-2.4368.30-35.58-VCT Specialist Healthcare & BiotechnlgyBuy
Oxford Technology 2 VCT PLC75.00242.39146.0937.20-5.91-VCT Specialist TechnologyBuy
Oxford Technology 3 VCT PLC-24.0054.1165.8182.50-42.428.42VCT Specialist TechnologyBuy
Oxford Technology 4 VCT PLC-24.5341.7364.3251.90-22.93-VCT Specialist TechnologyBuy
Oxford Technology VCT PLC-3.43-19.5392.5153.20-34.212.86VCT Specialist TechnologyBuy

Disclaimer

Interactive Investor does not endorse any particular product. If you are unsure about whether an investment is suitable for you please seek advice from a financial advisor.