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 Acc42.9365.44205.01541.46-Buy
AXA Framlington Financial Z Acc46.1951.54118.0852.251.75Buy
AXA Framlington Health Z Acc29.0466.12145.20574.920.34Buy
Aberdeen Eastern European Equity I Acc32.4121.1636.4320.371.20Buy
Aberdeen Global Emerging Markets Infrastructure Equity R2 GBP36.3626.4136.81201.651.20Buy
Aberdeen Latin American Equity I Acc38.3613.9713.60214.551.00Buy
Aberdeen Multi Manager Ethical Portfolio I Acc31.7246.6097.7062.070.20Buy
Acumen Strategic Portfolio X Acc GBP---8.55-Buy
Artemis Global Energy I Acc15.48-33.67-30.8539.571.04Buy
Baillie Gifford Diversified Growth B1 Acc11.2115.8131.796,651.141.51Buy
Baillie Gifford Multi Asset Growth B1 Acc12.97--419.711.47Buy
Baring Global Agriculture I Acc GBP29.1032.2156.8668.700.80Buy
Baring German Growth I Acc GBP49.6054.09156.27566.501.30Buy
BlackRock Dynamic Diversified Growth D Acc5.733.7021.672,474.251.26Buy
BlackRock Gold & General D Acc6.5929.00-18.281,177.88-Buy
BlackRock Natural Resources Growth & Income D Acc21.065.7121.0349.612.70Buy
CF Canlife Global Infrastructure C27.7739.28-18.791.97Buy
CF Canlife Global Resource C3.99-18.40-13.630.28Buy
CF Canlife Strategic Return C Acc7.95--21.080.17Buy
CF Canlife Total Return C4.64-0.6218.2015.122.22Buy

OEICs and Unit Trusts

Name1 Year (%)3 Years (%)5 Years (%)Fund Size (M)Yield (%)
AXA Framlington Biotech Z Inc42.8964.56198.44541.46-Buy
AXA Framlington Financial Z Inc46.1449.28111.5552.251.78Buy
AXA Framlington Health Z Inc29.0165.35140.49574.920.34Buy
Aberdeen Financial Equity I Inc37.1148.61-50.311.20Buy
Aberdeen Multi Manager Ethical Portfolio I Inc31.7146.6097.6962.070.20Buy
Baillie Gifford Diversified Growth B Inc10.6315.1531.256,651.141.51Buy
Baring German Growth I Inc GBP49.5654.09152.93566.501.40Buy
Baring Korea Trust I Inc GBP30.4336.7250.28110.800.20Buy
BlackRock Dynamic Diversified Growth D Inc5.783.6421.702,474.251.26Buy
BlackRock Gold & General D Inc6.5528.94-18.271,177.88-Buy
BlackRock Natural Resources Growth & Income D Inc21.105.8121.0849.612.71Buy
CF Miton Global Infrastructure Income B Inc GBP---12.42-Buy
CF Miton Global Infrastructure Income F Inc GBP---12.42-Buy
CF Woodford Income Focus C Inc GBP---686.96-Buy
Consistent Unit Trust Inc10.9912.2343.6512.793.83Buy
F&C High Income C Inc6.373.967.9479.114.90Buy
F&C UK Equity Linked Gilt 2 Inc30.8657.39100.01177.851.10Buy
FP Russell Investments Real Assets C Inc7.869.8021.43116.121.49Buy
FP Tellsons Endeavour IF Inc14.0414.60-27.34-Buy
First State Global Listed Infrastructure B GBP Inc31.3565.74122.652,568.012.64Buy

Investment Trusts

Name1 Year (%)3 Years (%)5 Years (%)DiscountNAV
3i Group Plc Ord67.16150.26495.4049.01604.00Buy
3i Group Plc Pref-----Buy
3i Infrastructure10.7773.53119.6112.78169.00Buy
Aberdeen Private Equity Ltd GBP57.3975.51162.64-10.61148.23Buy
Acencia Debt Strategies Ltd18.61-4.1754.94-4.201.65Buy
Alcentra European Floating Rate Income Limited Ord7.508.6831.54-2.85104.99Buy
Allianz Technology Trust PLC70.02100.59240.60-5.761,077.01Buy
Alternative Liquidity117.86----Buy
Apax Global Alpha Limited Ord Npv35.05---5.94160.00Buy
Axiom European Financial Debt Fund Limited Ord10.00--2.2696.32Buy
BB Healthcare Trust Plc Red Ord 1p---2.25118.34Buy
BBGI SICAV S.A. Ord12.8639.9671.9117.92124.66Buy
BH Global GBP-0.398.8610.53-10.981,421.00Buy
BH Global USD4.1710.5211.97-9.0814.15Buy
BH Macro EUR0.21-2.65-0.79-13.1221.57Buy
BH Macro GBP-1.29-0.31-0.31-11.182,155.00Buy
Baker Steel Resources Trust39.29-16.26-63.31-30.3649.00Buy
Better Capital 200945.9980.5561.80-0.93116.08Buy
Better Capital 2012 Ord34.49-56.78-60.11-36.8642.96Buy
Big Yellow Group PLC-2.6481.81220.66--Buy

ETFs

Name6 Months (%)1 Year (%)3 Years (%)5 Years (%)CurrencySector
BlackRock iShares Global Consumer Staples ETF NAV7.446.8949.87127.05AUDEquity - Other SpecialistBuy
DB X-Trackers LPX MM Private Equity UCITS ETF 1C GBP13.8242.2357.18159.98GBPEquity - Other SpecialistBuy
DB X-Trackers Stoxx Europe 600 Utilities UCITS ETF 1C GBP19.4424.5917.8864.89GBPEquity - Other SpecialistBuy
DB X-Trackers STOXX Europe 600 Food & Beverage UCITS ETF 1C GBP16.9425.3347.7997.48GBPEquity - Other SpecialistBuy
DB X-Trackers Stoxx Europe 600 Industrial Goods UCITS ETF 1C GBP18.7342.7347.37122.38GBPEquity - Other SpecialistBuy
DB X-Trackers S&P Global Infrastructure UCITS ETF 1C GBP11.1230.8745.0789.42GBPEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD INDUSTRIALS TR C USD12.2720.7419.0685.67USDEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD UTILITIES TR C USD14.259.0511.8347.72USDEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD CONSUMER DISCRETIONARY TR C GBP7.1535.0866.56142.55GBXEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD CONSUMER STAPLES TR C USD12.827.1821.0569.39USDEquity - Other SpecialistBuy
SPDR MSCI Europe Industrials UCITS ETF15.6725.5634.78106.15EUREquity - Other SpecialistBuy
SPDR MSCI Europe Utilities UCITS ETF15.508.376.9053.27EUREquity - Other SpecialistBuy
SPDR MSCI Europe Consumer Discretionary UCITS ETF8.2217.1023.78103.13EUREquity - Other SpecialistBuy
SPDR MSCI Europe Consumer Staples UCITS ETF13.5410.6837.1583.74EUREquity - Other SpecialistBuy
SPDR S&P US Consumer Staples Select Sector UCITS ETF9.1916.12--USDEquity - Other SpecialistBuy
SPDR S&P US Industrial Select Sector UCITS ETF8.6723.31--USDEquity - Other SpecialistBuy
SPDR S&P US Utilities Select Sector UCITS ETF11.649.85--USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Consumer Staples UCITS ETF13.017.6019.9564.31USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Utilities UCITS ETF14.459.488.9839.34USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Energy UCITS ETF-11.23-1.76-34.10-3.28USDEquity - Other SpecialistBuy

VCTs

Name1 Year (%)3 Years (%)5 Years (%)NAVDiscountNDYSector
Edge Performance VCT Plc H-36.92-42.82-46.2676.05-40.837.78VCT Specialist Media Leisure & EventsBuy
Edge Performance VCT Plc I-38.83-48.45-50.0476.61-60.8446.67VCT Specialist Media Leisure & EventsBuy
Foresight VCT plc Infrastructure ORD 1P-2.253.99-2.9585.50-12.2816.00InfrastructureBuy
Hygea VCT-7.22-28.575.4068.30-34.11-VCT Specialist Healthcare & BiotechnlgyBuy
Oxford Technology 2 VCT PLC42.86159.62104.5537.20-19.35-VCT Specialist TechnologyBuy
Oxford Technology 3 VCT PLC-17.3937.8965.8182.50-42.428.42VCT Specialist TechnologyBuy
Oxford Technology 4 VCT PLC-14.8925.9851.1851.90-22.93-VCT Specialist TechnologyBuy
Oxford Technology VCT PLC-3.43-19.5373.2653.20-34.212.86VCT Specialist TechnologyBuy

Disclaimer

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