AIC Generalist Sectors

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Gladys Atkins
5 years ago
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1 AIC Sectors 2018 AIC Generalist Sectors Global Companies whose objective is to produce a total return to shareholders from capital growth and some dividend income. They will have less than 80% of their assets in any one geographical area. Global Equity Income Companies whose investment policy is to achieve a total return to shareholders from capital and dividend growth. Typically, the company will have a yield on the underlying portfolio ranging between 110% and 175% of that of the FTSE All-World Index. They will have less than 80% of their assets in any one geographical area. Global High Income Companies which invest in equities and fixed interest securities, whose objective is to provide dividend growth to shareholders. They will typically have a yield on the underlying portfolio above 150% of that of the FTSE All-World Index. They will have less than 80% of their assets in any one geographical area. Global Smaller Companies Companies which invest at least 80% of their assets in smaller company They will have less than 80% of their assets in any one geographical area. UK All Companies Companies which invest in UK securities and aim to produce a total return to shareholders from capital growth and some dividend income. They will have at least 80% of their assets in UK UK Equity Income Companies whose investment policy is to achieve a total return to shareholders from capital and dividend growth. Typically, the company will have a yield on the underlying portfolio ranging between 110% and 175% of that of the FTSE All-Share Index. They will have at least 80% of their assets in UK UK Equity & Bond Income Companies which invest at least 80% of their assets in equities and fixed interest securities in the UK, whose objective is to produce dividend growth to shareholders. They will typically have a yield on the underlying portfolio above 150% of that of the FTSE All-Share Index. UK Smaller Companies Companies which invest at least 80% of their assets in UK smaller company North America Companies which have at least 80% of their assets in North American North American Smaller Companies Companies which have at least 80% of their assets invested in North American smaller company

2 Asia Pacific - Excluding Japan Companies which have at least 80% of their assets in Asia Pacific securities, which includes a Japanese content of less than 20%. Asia Pacific - Including Japan Companies which have at least 80% of their assets in Asia Pacific securities, which includes a Japanese content of over 20%. Japan Companies which have at least 80% of their assets in Japanese Japanese Smaller Companies Companies which have at least 80% of their assets invested in Japanese smaller company Europe Companies which have at least 80% of their assets in European European Smaller Companies Companies which have at least 80% of their assets invested in European smaller company Global Emerging Markets Companies which have at least 80% of their assets in global emerging market European Emerging Markets Companies which have at least 80% of their assets in European emerging market Latin America Companies which have least 80% of their assets in Latin American Flexible Investment Companies whose policy allows them to invest in a range of asset types. Hedge Funds Companies whose policy is to invest in a portfolio of Hedge Funds and/or employ a range of direct hedging investment strategies. Private Equity Companies which have a significant portion of the company s portfolio invested in the securities of unquoted companies. Country Specialists Companies whose policy is to invest in one or two countries. Companies are classified into Europe, Asia Pacific, Latin America and Other sectors.

3 AIC Property sectors Property Securities Companies whose policy is to principally invest in property Property Direct - UK Companies whose policy is to invest in property in the UK. Property Direct - Europe Companies whose policy is to invest in property in Europe. Property Direct - Asia Pacific Companies whose policy is to invest in property in Asia Pacific. Property Specialist Companies whose policy is to invest in a specialist sector of the property market.

4 AIC Sector specialists Sector Specialist: Biotechnology & Healthcare Companies whose policy is to invest in biotechnology and/or healthcare Sector Specialist: Commodities & Natural Resources Companies whose policy is to invest in a commodities and natural resource Sector Specialist: Debt Companies whose policy is to invest in debt instruments. Sector Specialist: Environmental Companies whose policy is to invest in environmental and alternative energy Sector Specialist: Financials Companies whose policy is to invest in the financial services Sector Specialist: Forestry & Timber Companies whose policy is to invest in forestry and timber related investments and Sector Specialist: Infrastructure Companies whose policy is to invest in infrastructure investments. Sector Specialist: Infrastructure - Renewable Energy Companies whose policy is to invest in renewable energy infrastructure investments. Sector Specialist: Insurance & Reinsurance Strategies Companies whose policy is to invest in insurance and reinsurance based instruments. Sector Specialist: Leasing Companies whose policy is to invest in assets to be leased. Sector Specialist: Liquidity Funds Companies whose policy is to invest in liquidity funds. Sector Specialist: Small Media, Communication & IT Companies Companies whose policy is to invest in small media, communication & IT company Sector Specialist: Technology, Media, Telecommunications Companies whose policy is to invest in technology, media, telecommunication Sector Specialist: Utilities Companies whose policy is to invest in utility and utility related AIC VCT sectors Venture Capital Trusts (VCT)

5 VCTs are a form of closed-ended fund that were introduced by the 1995 Finance Act to help provide finance for small UK businesses to develop. By adhering to the VCTs rules of investing in unquoted and AIM/PLUS listed companies VCTs are able to offer tax benefits to investors. Pre-qualifying VCTs are those that are not required to hold 70% in qualifying investments. A VCT must hold at least 70% by value of its investments in qualifying holdings by the end of the company s accounting period beginning no more than 3 years after launch. VCT Generalist Companies whose policy is to invest in a range of qualifying investments in different sectors. VCT AIM Quoted Companies whose policy is to invest in a range of qualifying companies listed, or about to be listed, on AIM or on any other exchange where the securities are treated as unquoted. Sector Specialists VCT Sector Specialist: Healthcare & Biotechnology Companies whose policy is to invest in healthcare and biotechnology companies. VCT Sector Specialist: Environmental Companies whose policy is to invest in environmental and alternative energy companies. VCT Sector Specialist: Infrastructure Companies whose policy is to invest in infrastructure companies. VCT Sector Specialist: Media, Leisure & Events Companies whose policy is to invest in media, leisure and events companies. VCT Sector Specialist: Technology Companies whose policy is to invest in technology companies.

Discovering VCTs Great oaks from little acorns grow. January/February Annabel Brodie-Smith Communications Director, AIC

Discovering VCTs Great oaks from little acorns grow January/February 2015 Annabel Brodie-Smith Communications Director, AIC Do you currently recommend VCTS? Agenda What are VCTs? Why consider VCTs? Considerations