the call to short sterling in the run up to BREXIT has worked well for them
This is a new fund with a limited track record. It is responding to a desire from investors to achieve positive returns with reduced volatility. Its target return is cash plus 3.5% after fund charges with volatility below 10%. It is worth adding at this point that it is entering a market already flooded with similar funds with longer track records.
The aim of the meeting was to understand what makes this fund stand out from the others and what investors should look out for. Fundamentally the management aim to invest across asset classes to achieve the target return. This effectively means picking those areas they feel will do best and avoiding those they feel won’t; simple! On a six weekly basis the team debate their views of the world to identify differences and if necessary make changes to the portfolio….read more