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 Inc7.5944.34173.16501.53-Buy
AXA Framlington Financial Z Inc32.7050.22106.0354.721.68Buy
AXA Framlington Health Z Inc1.9647.25121.78531.120.33Buy
Aberdeen Financial Equity I Inc20.5648.97-50.591.20Buy
Aberdeen Multi Manager Ethical Portfolio I Inc12.6443.3888.1962.120.20Buy
Baillie Gifford Diversified Growth B Inc8.6215.3430.416,614.411.50Buy
Baring German Growth I Inc GBP31.3267.76135.81601.501.40Buy
Baring Korea Trust I Inc GBP10.7822.3642.50114.900.20Buy
BlackRock Dynamic Diversified Growth D Inc3.323.2919.052,388.871.26Buy
BlackRock Gold & General D Inc-19.7424.27-19.941,180.90-Buy
BlackRock Natural Resources Growth & Income D Inc7.649.2617.5854.442.58Buy
CF Miton Global Infrastructure Income B Inc GBP---15.11-Buy
CF Miton Global Infrastructure Income F Inc GBP---15.11-Buy
CF Woodford Income Focus C Inc GBP---708.40-Buy
Consistent Unit Trust Inc0.4610.0034.1612.764.17Buy
F&C High Income C Inc4.785.318.3877.904.90Buy
F&C UK Equity Linked Gilt 2 Inc5.5748.3789.04180.741.10Buy
FP Russell Investments Real Assets C Inc2.368.9815.03115.861.49Buy
FP Tellsons Endeavour IF Inc6.1811.49-27.00-Buy
FP WM Global Trend B Inc10.6925.4233.1226.80-Buy

Investment Trusts

Name1 Year (%)3 Years (%)5 Years (%)DiscountNAV
3i Group Plc Ord56.39174.05445.0050.72628.00Buy
3i Group Plc Pref-----Buy
3i Infrastructure8.7476.64115.5915.98169.00Buy
Aberdeen Private Equity Ltd GBP30.9367.48118.46-16.44150.20Buy
Acencia Debt Strategies Ltd21.230.7850.67-3.971.67Buy
Alcentra European Floating Rate Income Limited Ord9.9310.1131.51-2.16104.51Buy
Allianz Technology Trust PLC35.85102.33227.42-3.561,080.46Buy
Alternative Liquidity134.58----Buy
Amedeo Air Four Plus Limited Red Ord NPV13.22----Buy
Apax Global Alpha Limited Ord Npv26.24---5.94160.00Buy
Axiom European Financial Debt Fund Limited Ord6.62---6.50101.07Buy
BB Healthcare Trust Plc Red Ord 1p---3.75109.88Buy
BBGI SICAV S.A. Ord4.0638.0267.9018.72124.66Buy
BH Global GBP4.3511.3915.08-9.901,465.00Buy
BH Global USD6.679.1815.33-9.7714.63Buy
BH Macro GBP4.763.352.19-7.702,170.00Buy
Baker Steel Resources Trust24.14-7.69-58.14-32.0853.00Buy
Better Capital 2009-28.12-2.09-18.99-54.71125.86Buy
Better Capital 2012 Ord60.91-41.20-53.29-20.8642.96Buy
Big Yellow Group PLC7.8757.40193.89--Buy

ETFs

Name6 Months (%)1 Year (%)3 Years (%)5 Years (%)CurrencySector
BlackRock iShares Global Consumer Staples ETF NAV3.120.7745.23109.26AUDEquity - Other SpecialistBuy
DB X-Trackers LPX MM Private Equity UCITS ETF 1C GBP7.2424.2661.62140.18GBPEquity - Other SpecialistBuy
DB X-Trackers Stoxx Europe 600 Utilities UCITS ETF 1C GBP20.9416.3524.4962.87GBPEquity - Other SpecialistBuy
DB X-Trackers STOXX Europe 600 Food & Beverage UCITS ETF 1C GBP13.6710.1651.7187.19GBPEquity - Other SpecialistBuy
DB X-Trackers Stoxx Europe 600 Industrial Goods UCITS ETF 1C GBP12.4322.3251.13101.74GBPEquity - Other SpecialistBuy
DB X-Trackers S&P Global Infrastructure UCITS ETF 1C GBP10.0814.1343.4383.95GBPEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD INDUSTRIALS TR C USD7.0214.7422.0973.66USDEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD UTILITIES TR C USD13.3411.3917.6847.69USDEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD CONSUMER DISCRETIONARY TR C GBP2.8015.3760.24129.33GBXEquity - Other SpecialistBuy
LYXOR UCITS ETF MSCI WORLD CONSUMER STAPLES TR C USD6.164.3322.9758.05USDEquity - Other SpecialistBuy
SPDR MSCI Europe Industrials UCITS ETF3.6414.5332.7975.75EUREquity - Other SpecialistBuy
SPDR MSCI Europe Utilities UCITS ETF11.889.048.8442.25EUREquity - Other SpecialistBuy
SPDR MSCI Europe Consumer Discretionary UCITS ETF0.9711.6225.5372.39EUREquity - Other SpecialistBuy
SPDR MSCI Europe Consumer Staples UCITS ETF0.662.0732.2959.24EUREquity - Other SpecialistBuy
SPDR S&P US Consumer Staples Select Sector UCITS ETF1.9510.04--USDEquity - Other SpecialistBuy
SPDR S&P US Industrial Select Sector UCITS ETF2.6016.04--USDEquity - Other SpecialistBuy
SPDR S&P US Utilities Select Sector UCITS ETF10.1311.59--USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Consumer Staples UCITS ETF6.324.7021.9453.66USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Utilities UCITS ETF13.5111.8415.4039.53USDEquity - Other SpecialistBuy
SSGA SPDR MSCI World Energy UCITS ETF-6.29-3.46-30.96-14.19USDEquity - Other SpecialistBuy

VCTs

Name1 Year (%)3 Years (%)5 Years (%)NAVDiscountNDYSector
Edge Performance VCT Plc H-23.08-42.82-46.2676.05-40.83-VCT Specialist Media Leisure & EventsBuy
Edge Performance VCT Plc I-38.95-47.84-51.7176.61-62.15-VCT Specialist Media Leisure & EventsBuy
Foresight VCT plc Infrastructure ORD 1P0.366.76-0.3685.50-9.9415.58InfrastructureBuy
Hygea VCT-4.17-29.77-33.4168.80-33.14-VCT Specialist Healthcare & BiotechnlgyBuy
Oxford Technology 2 VCT PLC36.3687.5082.4337.20-19.35-VCT Specialist TechnologyBuy
Oxford Technology 3 VCT PLC-19.13-5.0122.1382.50-48.489.41VCT Specialist TechnologyBuy
Oxford Technology 4 VCT PLC-21.2823.393.8451.90-28.71-VCT Specialist TechnologyBuy
Oxford Technology VCT PLC-5.10-32.16-21.0253.20-34.212.86VCT Specialist TechnologyBuy

Disclaimer

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