Back to selected funds

AB Ameri...

Price: 28.3200GBP

Change: icon-down-small -0.18%

Open an account

AB American Growth Portfolio I GBP

AB American Growth Portfolio I GBP

ISIN:

LU1877329133

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

3 of 5

IA Sector:

IA North America

Income type:

Accumulation

Price:

28.3200GBP

18 April 2024

Last change:

icon-down-small -0.18%

1 year change:

icon-up-small 29.28%

5 year annualised return:

N/A%

12 month yield:

N/A%

MSCI_ESG Logo
Key Investor Information Document (KIID)Open KIID document
At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes
SIPP Yes

The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you are unsure about investing, seek independent advice

1 W 1 M 3 M 6 M YTD 1 Y 3 Y 5 Y Max

Add to chart:

  • AB American Growth Portfolio I GBP
  • IA North America
  • Russell 1000 Growth

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 American Growth Portfolio I GBP N/A% 37.09% 16.27% -3.09% 33.53%
IA North America -3.98% 42.35% 16.05% -4.02% 25.10%
Russell 1000 Growth 0.54% 62.31% 14.72% -11.17% 38.66%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
AB American Growth Portfolio I GBP 8.08% 18.36% 29.19% 10.82% N/A%
IA North America 6.90% 13.36% 19.57% 8.53% 12.29%
Russell 1000 Growth 5.45% 20.11% 33.03% 8.09% 16.61%

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:

01 March 2012

Investment style:

Concentrated,Growth

Region (geographical):

United States

Manager Biography:

Frank Caruso is a Senior Vice President and Chief Investment Officer of US Growth Equities, a position he has held since 2012. In this capacity, he oversees three services: US Large Cap Growth, US Core Opportunities and US Growth & Income. Caruso has been Team Leader of US Growth since 2008 and Team Leader of US Growth & Income since 2004. From 1995 to 2004, he served as a Growth & Income portfolio manager. Caruso joined the firm in 1993, when it acquired Shields Asset Management, where he had been director of Equities. Previously, he was a managing director and senior member of the Investment Policy Committee at Shearson Lehman Advisors, as well as CIO for Shearson Lehman Asset Management’s Directions and Capital Management businesses. Caruso was also formerly the lead portfolio manager for Shearson’s family of growth and income mutual funds. He holds a BA in business economics from the State University of New York, Oneonta, and is a member of the New York Society of Security Analysts and the CFA Institute. He is a CFA charterholder.

Benchmark:

Russell 1000 Growth

Sector:

IA North America

FE fundinfo Rating:

3 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. 0.94%
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: iWeb The cost of buying or selling some or all of your investment. £5.00 (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

Breakdown

Asset Allocation

Fund size: 7,066,796,988.67 GBP

Chart date: April 18, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
Microsoft corporation 9.19%
Nvidia corp 7.32%
Amazon.com, inc. 6.53%
Meta platforms, inc. 5.35%
Alphabet inc 4.66%
Visa inc. 4.25%
Unitedhealth group incorporated 3.48%
Monster beverage corp 3.12%
Costco wholesale corporation 2.80%
Vertex pharmaceuticals inc 2.75%

Sectors

Sectors
Sectors Weight
Information Technology 33.52%
Health Care 20.15%
Consumer Discretionary 13.71%
Communications 12.16%
Consumer Staples 6.16%
Industrials 5.94%
Financials 4.99%
Others 1.87%
Materials 1.50%

World regions

World regions
Country Weight
USA 100.00%
ESG
MSCI_ESG Logo

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)

6.5

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

53%

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

54%

Fund Environmental Impact Involvement (%)

18%

Fund Social Score Impact Involvement (%)

5%

Fund Severe Governance Controversies Involvement (%)

4%

EXPOSURE TO SUSTAINABLE IMPACT THEMES

EXPOSURE TO SRI EXCLUSIONS

EXPOSURE TO FOSSIL FUEL