Halifax - Buy Funds - Investments

At a glance performance and information

Eligibility:

Share Dealing Account

ISA

ShareBuilder

SIPP

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Fund:

AB Concentrated US Equity Portfolio I GBP
Sector:

IA North America
Benchmark:

S&P 500

Discrete calendar year performance

Discrete calendar year performance
Investment	31/03/19 to 31/03/20	31/03/20 to 31/03/21	31/03/21 to 31/03/22	31/03/22 to 31/03/23	31/03/23 to 31/03/24
AB Concentrated US Equity Portfolio I GBP	N/A%	43.88%	12.89%	-4.50%	20.99%
IA North America	-3.98%	42.35%	16.05%	-4.02%	25.10%
S&P 500	-7.53%	55.56%	15.16%	-8.20%	29.27%

Trailing returns

(*annualised)

Trailing returns
Investment	3 months	6 months	1 year	3 years*	5 years*
AB Concentrated US Equity Portfolio I GBP	3.19%	13.94%	16.86%	5.95%	N/A%
IA North America	5.20%	15.48%	19.60%	8.87%	12.23%
S&P 500	3.56%	19.25%	22.54%	7.78%	12.81%

Overview

Fund Objective: The Fund seeks to increase the value of your investment over the long term.

Manager name	AllianceBernstein (Luxembourg) S.a r.l.
Manager start date	23 December 2013
Manager Biography	James T. Tierney, Jr. is Chief Investment Officer of Concentrated US Growth. Prior to joining AB in December 2013, he was CIO at W.P. Stewart & Co. Tierney began his career in 1988 in equity research at J.P. Morgan Investment Management, where he analyzed entertainment, healthcare and finance companies. He left J.P. Morgan in 1990 to pursue an MBA and returned in 1992 as a senior analyst covering energy, transportation, media and entertainment. Tierney joined W.P. Stewart in 2000. He holds a BS in finance from Providence College and an MBA from Columbia Business School at Columbia University.

Investment style:	Growth
Region (geographical)	United States

Benchmark	S&P 500
Sector	IA North America
FE fundinfo Rating	2 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge	Who receives this?	What is it?	Amount
Initial charge:	The fund manager	Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.	1.50%
Ongoing Charges:	The fund manager	The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.	N/A%
Performance Fee:	The fund manager	A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.	0%
Typical transaction cost:	The fund manager	The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.	0.188%*
Dealing commission:	Halifax	The cost of buying or selling some or all of your investment.	£9.50 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.
Account charges are not included
Key Investor Information Document (KIID)Open KIID document
Fees & Charges

Breakdown

Asset Allocation

Fund size: 1,030,163,071.42 GBP

Chart date: April 22, 2024

Top 10 Holdings

Top 10 Holdings
Security	Weight
Amazon.com, inc.	9.70%
Microsoft corporation	9.61%
Mastercard incorporated	9.37%
Charles schwab corporation (the)	5.65%
Constellation brands, inc.	5.31%
Cdw corporation	4.83%
Eaton corp plc	4.79%
Iqvia holdings inc.	4.79%
The cooper companies, inc.	4.79%
Automatic data processing inc	4.49%

Sectors

Sectors
Sectors	Weight
Information Technology	25.61%
Consumer Discretionary	18.28%
Health Care	15.55%
Financials	15.02%
Industrials	12.62%
Consumer Staples	5.31%
Real Estate	4.12%
Others	3.49%

World regions

World regions
Country	Weight
USA	100.00%

ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

ESG Metric

Score

MSCI ESG Quality Score (0-10)

6.8

MSCI ESG Quality Score - Peer Percentile (0-100)

82%

MSCI ESG Quality Score - Global Percentile (0-100)

66%

Fund Environmental Impact Involvement (%)

21%

Fund Social Score Impact Involvement (%)

Fund Severe Governance Controversies Involvement (%)

AB Concentrated US Equity Portfolio I GBP