Quick Stats

Bid Price - Offer Price -
Mid Price GBX 213.95 Day Change GBX -0.01 (-0.00%)
Price Date 19 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 2.57 Fund Size 1,500,000,000.00
Launch Date 24/02/2012 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 2.50 Sector IMA UK Equity Income
Min Investment (£) 10,000,000.00 Total Expense Ratio (%) 2.57
ISIN GB00B6Q8SG18 Min TopUp (£) 100,000.00

Fund Objective

To achieve positive absolute returns in all market conditions over rolling three-year periods with less volatility than a conventional long-only equity fund.

Fund Managers

Matthew Smith
Matthew Smith is a fund manager and analyst with 22 years' investment experience in UK and international equity markets. Matthew is responsible for lead managing the Tortoise Fund and co-managing both the UK Equity and UK Focus funds. Before joining Majedie in 2006, Matthew had been a Director at Deutsche Bank, where he was Pan European Support Services Analyst. Until 2004 he had been a Director and Transport Analyst at Credit Suisse. Prior to that, he was a fund manager and analyst at NPI, where he managed the NPI UK Extra Income Unit Trust. Matthew joined NPI in 1994. He holds a Bachelor of Sciences degree in Geophysics from the University of Southampton.
Tom Morris
Tom Morris is a fund manager and analyst with 7 years’ investment experience in UK and international equity markets. Tom is responsible for co-managing both the Global Equity and Global Focus funds and also the Tortoise Fund. Tom holds a Master of Sciences degree in Natural Sciences, specialising in Physics, from St Catharine’s College, Cambridge. He is a CFA charter holder.