MI Chelverton UK Equity Growth B Ac

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 147.76 Day Change GBX -0.25 (-0.17%)
Price Date 21 Oct 2016 Crown Rating
Shares Class Inc. Yield 0.83 %
Total Expense Ratio 0.00 Fund Size 37,757,400.00
Launch Date 20/10/2014 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BP855B75 Min TopUp (£) 500.00

Fund Objective

The fund managers are looking for companies that can both grow faster than the market and are highly cash generative enabling them to fund their own growth. Typically these companies will have some form of sustainable competitive advantage, such as a unique product, or a dominant position in a particular market, leading to high margins and the ability to generate surplus cash.

Fund Managers

David Taylor
David Taylor began his career as an analyst in the research department at Wedd Durlacher and moved into fund management in 1987 with the Merchant Navy Officers Pension Fund. He joined Gartmore Investment Limited in 1991, during this time, he ran a combination of institutional funds and investment trusts, namely the Clydesdale Investment Trust and London & Strathclyde Trust. In 1995, he moved to LGT to manage small cap retail funds and latterly spent nearly seven years as head of UK smaller companies at HSBC Asset Management. He joined Chelverton Asset Management in January 2006 and has comanaged the Chelverton UK Equity Income Fund since launch.