Listening to the manager, Carl Stick, his approach is to avoid losses for investors and he often refers to “winning without losing”. Therefore the fund will naturally appeal to a more conservative investor.
There are over 400 UK Equity Growth and Income Funds; providing investors with access to many different investment styles. So choosing the right fund depends upon understanding their methods and aims.
Performance is part of the equation but equally the management team is crucial. We have met a number of talented Fund Managers, the likes of Standard Life Investments, Neptune, Schroders, Legal and General, Threadneedle and Liontrust (not all of these are in our portfolios).
We have recently been introduced to Carl Stick who manages the Rathbone income Fund. He is one of the longest standing income managers in the UK. The fund is a high conviction concentrated multi cap portfolio and may appeal to investors seeking a non-mainstream income fund.