|Bid Price||GBX 2,374.00||Offer Price||GBX 2,498.00|
|Mid Price||-||Day Change||GBX -1.00 (-0.04%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.70 %|
|Total Expense Ratio||1.93||Fund Size||664,953,651.32|
|Launch Date||01/12/1969||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.37||Sector||IMA UK Equity Income|
|Min Investment (£)||1,500.00||Total Expense Ratio (%)||1.93|
|ISIN||GB0001013233||Min TopUp (£)||1,000.00|
The fund aims to maximise total return by investing in a portfolio of European equities, including the UK, seeking opportunities for exceptional growth in undervalued stocks.
Stuart is the Managing Partner and CIO of S. W. Mitchell Capital and the Investment Manager of two funds; the S. W. Mitchell European Fund and the SWMC European Fund, as well as a number of managed accounts. Prior to founding SWMC in 2005 Stuart was a Principal, Director and Head of Specialist Equities at JO Hambro Investment Management (JOHIM, now Waverton Investment Management). At JOHIM he set up and managed the Charlemagne Fund, a long/short European fund, and the JOHIM European Fund, a long only European fund. The JOHIM European Fund rose by 133% since inception in December 1998 until March 2005 compared with 8% for the benchmark index and was number 1 rated by Micropal within its sector and three star ranked by S&P. Upon leaving university in 1987 Stuart joined Morgan Grenfell Asset Management (MGAM) and soon afterwards assumed responsibility for managing the continental European equity assets for MGAM’s British pension fund clients. Stuart was appointed a director of MGAM in 1996. He was then made Head of European Equities and was responsible for $27 billion of equity assets. Whilst at MGAM he managed the Morgan Grenfell European Fund which rose by 123% from January 1990 to June 1996 compared with 85% for the benchmark index and was awarded 1st place by Micropal (5 year awards) in 1996. Stuart was born in Scotland and educated at Fettes College and St. Andrews University where he read Medieval History. He is also a graduate of the Owner/President Management programme from the Harvard Business School. Stuart speaks English and French.
Kenneth A Broekaert
Ken joined Burgundy in April 2003 as an Investment Analyst focusing on Europe and became the Portfolio Manager for European equities and Vice President of the firm in July 2006. In July 2010, he was appointed to Senior Vice President. Ken assumed the role of Director of Research in February of 2015 and became the Portfolio Manager for Burgundy’s Global Focused Opportunities strategy in December 2015. In June 2016, he transitioned his responsibilities as Director of Research to focus solely on portfolio management and added the role of Portfolio Manager for the Burgundy Global Equity strategy. Prior to Burgundy, Ken spent over four years at The Boston Consulting Group, a leading global strategy consulting firm. He worked closely with senior management of companies across many industries, developing and implementing business strategies to enhance competitive advantage and drive profitable growth. Ken graduated from the Richard Ivey School of Business where he earned an Honours Business Administration degree in 1998, with distinction as an Ivey Scholar, and his MBA in 2003 where he earned a place on the Dean’s Honours List. Ken was awarded the Chartered Financial Analyst designation in 2005 and is a member of the CFA Institute. He serves on the Board and Audit Committee of the Loran Scholars Foundation, which identifies and supports exceptional young Canadians who demonstrate character, service and leadership.