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Special Situations Fund

Managed by Liontrust Investment Partners LLP
Latest factsheet
Jul 2026
Fund size
£759.5m
Yearly charge
0.73%
Manager fee
0.65%
Income yield
2.16%
Holdings
47
Launched
10 Nov 2005

The Fund is categorised 5 primarily for its exposure to UK equities. The Fund may have a concentrated portfolio, i.e. hold a limited number of investments. If one of these investments falls in value this can have a greater impact on the Fund's value than if it held a larger number of investments. The Fund may encounter liquidity constraints from time to time. The Fund may invest in companies listed on the Alternative Investment Market (AIM) which is primarily for emerging or smaller companies.

Anthony Cross · Victoria Stevens · Matt Tonge

Cumulative performance

PeriodFundSector averageBenchmarkvs sector
1M+7.10%+7.10%+5.60%Upper half
3M+2.30%+6.50%+7.90%Bottom 25%
6M+4.40%+9.30%+11.20%Bottom 25%
YTD+6.60%+3.90%+3.70%Top 25%
1Y-0.20%+14.60%+21.60%Bottom 25%
3Y+9.10%+39.90%+54.70%Bottom 25%
5Y+2.90%+37.60%+73.10%Bottom 25%
Since launch+29.80%+54.00%+84.00%

Calendar-year performance

2019202020212022202320242025
+21.90%-1.10%+20.60%-11.10%+6.40%+3.00%-3.70%

Top holdings

#HoldingWeight
1Shell plc3.80%
2RELX PLC3.70%
3Compass Group PLC3.40%
4AstraZeneca PLC3.30%
5Gamma Communications plc3.30%
6BP p.l.c.3.20%
7GSK plc3.20%
8Moonpig Group plc3.00%
9Unilever PLC2.80%
10Sage Group plc2.80%

Portfolio breakdown

Sector
Industrials20.10%
Technology15.40%
Consumer Discretionary15.20%
Financials14.00%
Health Care12.80%
Energy7.10%
Consumer Staples7.00%
Telecommunications3.30%
Other2.90%
Cash & Derivatives2.20%
Geography
United Kingdom97.80%
Market cap
FTSE 10040.60%
FTSE 25032.50%
FTSE AIM10.90%
FTSE Small Cap7.90%
Cash & Derivatives2.20%

Share classes

ClassISINSEDOLTypeHedgedManager feeYearly chargeMinimum
GB00B87GRQ11B87GRQ11.00%1.08%£1k
GB00BMWB3W78BMWB3W71.25%1.33%£1k
GB00BG0J2688BG0J2680.75%0.83%£5.0m
GB00BG0J2795BG0J2790.65%0.73%£500k
IE00BP4KBL84BP4KBL80.75%0.83%£25.0m
IE00B8CL0730B8CL0730.75%0.92%£5.0m
IE00B87MS887B87MS881.75%1.92%£1k
IE00B5L7K045B5L7K041.75%1.92%
IE00BL6VHG89BL6VHG80.75%0.92%£5.0m
IE00B76P4R28B76P4R21.75%1.92%£1k
IE00BP4KBK77BP4KBK70.75%0.83%£25.0m
GB00B0N6YF70B0N6YF71.75%1.83%£1k
GB00B57H4F11B57H4F10.75%0.83%£5.0m

Source factsheets

MonthPublished by the managerRead on
Jul 2026View original factsheet ↗21 Aug 2026
FCA reference 634187 · Check this fund on the FCA register ↗
Figures are read from the manager’s own published factsheet and may lag the market. Past performance is not a guide to future returns, and your capital is at risk. This is information, not advice.