Management
| ISIN | GB00B779CH97 |
|---|---|
| Share Class | Accumulation |
| Ongoing Charge | 0.87% |
| Annual Management Charge | 0.75% |
| Manager Company | Yealand |
|---|---|
| Fund Type | Open Ended Investment Company |
| Benchmark | Long/Short Equity - Other |
| Domicile | GBR |
| For Sale in | Switzerland, Germany, France, United Kingdom, Guernsey, Isle of Man, Ireland, Italy |
| Name | Barry Norris |
|---|---|
| Since | 14 July 2012 |
| Bio | Barry is the founding Partner of Argonaut Capital Partners. Prior to this he was Head of European Equities at Neptune where he managed the Neptune European Opportunities Fund. After graduating from Cambridge University in 1997, with an M.A. in History and a M. Phil. in International Relations, he joined Baillie Gifford as an Investment Analyst on the UK and European teams. He subsequently became responsible for selecting French stocks for European portfolios. |
The investment objective of the Fund is to provide positive returns over a 3 year period, regardless of market conditions. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over a 3 year, or any other period. The Fund may, at times, invest in a relatively small number of equities, the selection of which will not be restricted either by size, industry, or geographical location of the underlying companies, although exposure is expected to be mainly (over 50% of gross exposure) to companies incorporated in Europe. The Fund may take investment exposure to equities, fixed interest instruments, collective investment schemes (which may include those managed/operated by the ACD) cash and near cash (which includes money market instruments and deposits in any currency. Any such exposures could be gained by direct investment or through funds or derivative instruments. In pursuit of its investment policy, all or a substantial proportion of the Fund's assets may consist of cash, near cash, deposits, warrants and/or money market instruments. The Fund may use derivatives and forward transactions (that is sophisticated investment instruments linked to the rise and fall of the price of other assets) for the purposes of meeting the investment objective or efficient portfolio management. The Fund is not managed against any formal benchmark. The Fund uses the Investment Association’s (IA) IA Targeted Absolute Return Sector for performance comparison purposes only (“Performance Comparator”). The Performance Comparator is not used as a performance target or as a constraint in relation to the composition of the Fund’s portfolio. The Performance Comparator was chosen because it enables investors to compare the performance of the portfolio against competing funds in the same sector. The Fund will be actively managed. Save as noted above, the Fund will not have any particular geographic, industry or economic sector focus and as such weightings in these may vary as required. You can buy and sell shares in the Fund on any business day. Any income this share class generates will be reinvested to grow the value of your investment. You can buy and sell shares on any business day in London. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years. For full investment objectives and policy details please refer to the prospectus. RISK AND REWARD PROFILE The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data, may change over time and may not be a reliable indication of the future risk profile of the Fund. The shaded area of the table below shows where the Fund ranks in terms of its potential risk and reward based on historical data.