Liontrust
Liontrust US Opportunities Fund
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Liontrust for every strategy.
Performance
as of Jun 30, 2026 · net of fees · GBP · C Acc
- YTD+7.9%index +11.4%
- 1Y+26.5%index +25.4%
Index: MSCI USA
| YTD | 1Y | |
|---|---|---|
| Liontrust US Opportunities Fund | +7.9% | +26.5% |
| MSCI USA | +11.4% | +25.4% |
Calendar years
- 2025+0.7%
- 2024+22.8%
- 2023+7.3%
- 2022−8.2%
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
rotation within the commodity space saw profit taking from our overweight in the mining sector (including Agnico Eagle Mines and Newmont Corporation).
These buys were funded by the sales including Trimble,
We added exposure to compute through the purchase of TSMC.
We also initiated Alibaba to add exposure to China consumer and data/platform themes.
These buys were funded by the sales including Trimble, reducing overall software and long-duration growth and – within the financials sector – Mastercard and ICICI Bank, due to a combination of limited upside to our current price targets and a declining T-Score in our risk system.
we expect the medium- term impact to be an increase in capex by the oil majors seeking to diversify and intensify oil exploration.
rotation within the commodity space saw profit taking from our overweight in the mining sector (including Agnico Eagle Mines and Newmont Corporation).
These buys were funded by the sales including Trimble, reducing overall software and long-duration growth and – within the financials sector – Mastercard and ICICI Bank, due to a combination of limited upside to our current price targets and a declining T-Score in our risk system.