Quick Stats

Bid Price - Offer Price -
Mid Price GBX 314.14 Day Change GBX +1.52 (0.49%)
Price Date 16 Feb 2018 Crown Rating 3
Shares Class Inc. Yield 1.47 %
Total Expense Ratio 1.20 Fund Size 48,294,100.00
Launch Date 08/12/2006 Standard Initial Charge (%) 2.50
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector UK All Companies
Min Investment (£) 100,000.00 Total Expense Ratio (%) 1.20
ISIN GB00B1GGDH66 Min TopUp (£) 1,000.00

Fund Objective

The Unicorn Outstanding British Companies Fund aims to achieve the highest predictable annual compounding rate of return over the long-term, where long-term is defined as being not less than five years, by investing in a collection of outstanding British companies, either fully listed or quoted on the Alternative Investment Market, with the least amount of economic, as distinct, from market price risk. Outstanding companies are those whose economics and risks are well understood, whose revenues, earnings and cash flows are predictable to a high degree of certainty, which sell products and services into growing markets, which have market leadership positions and lasting competitive strength, which generate high average and incremental returns on invested capital, which convert a high proportion of their earnings into free, distributable cash, which can show a consistent track record of operating performance, which are run by decent, experienced individuals, who manage their businesses with the goal of maximising owner-value, which operate with low core debt, which are not predominantly acquisition-led, which produce clean, intelligible financial statements. Up to 25% of the fund will be invested in smaller faster growing companies with the remainder in more established businesses.

Fund Managers

Chris Hutchinson
Chris is Senior Investment Manager at Unicorn and has been lead manager of Unicorn AIM VCT, the largest AIM-focused VCT in the industry, since joining the firm in 2005. Chris is also lead manager of Unicorn Outstanding British Companies Fund and a senior member of Unicorn’s Investment Committee. Prior to joining Unicorn AM, he was a fund manager at Montanaro Investment Managers Limited where he specialised in investing in UK smaller quoted companies. Chris has approximately 18 years’ experience managing portfolios of UK smaller companies.