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Global
Closed to investmentLegg Mason Funds ICVC - Legg Mason If Martin Currie Global Alpha Fund
Managed by Liontrust Investment Partners LLP
Latest factsheet
Jul 2026
Fund size
£121.6m
Yearly charge
2.08%
Manager fee
2.00%
Income yield
0.00%
Holdings
59
Launched
31 Dec 2001
The Liontrust Global Alpha Fund is managed by Mark Hawtin and Pieran Maru. The fund managers aim to deliver alpha (capital growth in excess of the MSCI AC World Index) by running an actively managed portfolio and investing in securities using a combination of economic, industry and stock specific analysis irrespective of a benchmark index.
Mark Hawtin (Fund Manager) · Pieran Maru (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | +4.70% | +4.70% | +5.40% | Lower half |
| 3M | +2.80% | +7.70% | +10.30% | Bottom 25% |
| 6M | +4.60% | +8.80% | +11.30% | Lower half |
| YTD | -2.00% | -1.20% | -1.30% | Lower half |
| 1Y | +10.70% | +14.80% | +20.10% | Lower half |
| 3Y | +40.60% | +41.40% | +58.30% | Upper half |
| 5Y | +12.50% | +44.90% | +72.90% | Bottom 25% |
| Since launch | +891.10% | +499.60% | +701.60% | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +5.20% | +23.80% | -2.20% | +14.10% | +41.90% | +18.50% | -34.40% | +19.10% | +18.30% | +11.00% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Alphabet Inc. | 4.10% | |
| 2 | NVIDIA Corporation | 3.60% | |
| 3 | Credicorp Ltd. | 3.30% | |
| 4 | Amazon.com, Inc. | 2.80% | |
| 5 | Fanuc Corporation | 2.60% | |
| 6 | CrowdStrike Holdings, Inc. | 2.50% | |
| 7 | Thermo Fisher Scientific Inc. | 2.30% | |
| 8 | Keyence Corporation | 2.20% | |
| 9 | Apple Inc. | 2.20% | |
| 10 | Infineon Technologies AG | 2.20% |
Portfolio breakdown
Sector
| Information Technology | 29.80% | |
| Industrials | 14.20% | |
| Financials | 11.00% | |
| Consumer Discretionary | 9.70% | |
| Communication Services | 7.60% | |
| Health Care | 7.50% | |
| Materials | 5.20% | |
| Energy | 2.80% | |
| Private & Delisted | 1.50% | |
| Other | 1.00% |
Geography
| United States | 44.00% | |
| Other | 13.00% | |
| Japan | 9.90% | |
| Cash & Derivatives | 9.60% | |
| France | 4.80% | |
| United Kingdom | 4.70% | |
| Germany | 4.50% | |
| Denmark | 3.40% | |
| Peru | 3.30% | |
| Canada | 2.80% |
Market cap
| Large | 73.70% | |
| Small | 9.40% | |
| Mid | 5.80% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| – | GB0031190555 | 3119055 | – | – | 0.75% | 0.87% | £250k |
| – | GB0031190449 | 3119044 | – | – | 2.00% | 2.08% | £1k |
| – | GB00BMWB3R26 | BMWB3R2 | – | – | 1.00% | 1.12% | £1k |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 21 Aug 2026 |