Quick Stats

Mid Price GBX 316.33 Day Change GBX -1.57 (-0.49%)
Price Date 15 Feb 2019 Crown Rating 4
Shares Class Acc. Yield 0.87 %
Last Ex-Dividend Date 01 October 2018 Dividend Frequency Annually
Sector UK All Companies Fund Size 93,029,102.55
Launch Date 08/12/2006 Standard Initial Charge 2.50%
Ongoing cost 0.84% Annual Management Charge 0.75%

Fund Objective

The Unicorn Outstanding British Companies Fund aims to achieve a rate of return that is superior to that of the FTSE All Share (Ex Investment Trusts) Index, over the longterm, where long-term is defined as being not less than five years investing in a collection of outstanding British companies, with the least amount of economic, as distinct, from market price risk. British companies are defined as those which are incorporated or domiciled in the UK or have a significant part of their operations in the UK. Outstanding companies are defined as those whose economics and risks are well understood, whose revenues, earnings and cash flows are predictable to a reasonable 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, and which produce clean, intelligible financial statements The fund may also invest in smaller companies, including companies quoted on AIM. AIM is the London Stock Exchange’s international market for smaller, growing companies. The fund may also invest, at its discretion, in other transferable securities and deposits and cash. The fund may also enter into certain derivative and forward transactions for hedging purposes. The fund invests for the long term and there is no guarantee that any particular return will be achieved, over any period, and investors should note that their capital is always at risk.

Fund Managers

Chris Hutchinson
Chris is Senior Investment Manager at Unicorn and is the individual primarily responsible for selecting stocks for inclusion within the Unicorn AIM Inheritance Tax Portfolio Service. Chris 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. Chris has approximately 18 years’ experience managing portfolios of UK smaller companies.
Max Ormiston
Max is Assistant Fund Manager to the Unicorn Outstanding British Companies Fund and supports Director & Senior Fund Manager, Chris Hutchinson. Max has been a member of the Unicorn investment team since joining the firm in 2014. Prior to joining Unicorn, Max spent four years with Brewin Dolphin, where he worked as an Investment Manager. Max is a CFA Charterholder and graduated with a BSc in Agribusiness Management from Newcastle University.