This is a well-established fund with the new manager coming on board in 2015. Simon has a track record stretching back to 2006 when he started managing money at Schroders and then Threadneedle. His view is that this is a boring diversified UK Core fund. The aim is that over a 3 to 5-year period it will on average outperform the index by 3% p.a. This compounding of outperformance over the long term will generate strong returns for investors.
Fundamentally Simon wants to be able to manage the business risk because this is what the client will be exposed to. The fund currently has an 80% weighting to the FTSE 100 which is the highest weighting it has had….read more