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Majedie UK Focus X Acc

Ranked 21 out of 255 in - UK (All Companies) over 12 months
All calculations are in GBP unless stated

Managed by

James de Uphaugh

James de Uphaugh is chairman and chief investment officer of Majedie Asset Management. He is a fund manager and analyst with 30 years' investment experience in UK and international equity markets. He is responsible for co-managing both the UK Equity and UK Focus funds. Before co-founding Majedie in 2002, de Uphaugh had been a managing director at Mercury Asset Management (subsequently acquired by Merrill Lynch, now BlackRock. While at Mercury, he was responsible for managing institutional portfolios with combined UK equity assets of £1.4 billion. He joined Mercury Asset Management in 1988. He holds an MA in economics from Jesus College, Cambridge. He holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.

Christopher Field

Chris Field is an executive director of Majedie Asset Management. He is a fund manager and analyst with 31 years' investment experience in UK and international equity markets. Field is responsible for co-managing both the UK Equity and UK Focus funds. Before co-founding Majedie in 2002, Field had been a director at Mercury Asset Management (subsequently acquired by Merrill Lynch, now BlackRock). While at Mercury, he was responsible for managing institutional portfolios with combined UK equity assets of £1.7 billion. Field joined Rowan Investment Managers (a predecessor firm to Mercury Asset Management) in 1980. He holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.

Imran Sattar

Imran Sattar is a fund manager and analyst at Majedie with 21 years’ investment experience in UK and international equity markets. Sattar is responsible for co-managing the UK Focus fund. Before joining Majedie in 2018, Sattar was a managing director and fund manager at BlackRock, where he managed UK equity funds with combined UK equity assets of over £2 billion. Sattar joined Mercury Asset Management in 1997 (subsequently acquired by Merrill Lynch, now BlackRock). He holds a BS in mathematics and economics from the University of Warwick and is a CFA charter holder.

Matthew Smith

Matthew Smith is a fund manager and analyst with 24 years' investment experience in UK and international equity markets at Majedie Asset Management. He is responsible for lead managing the Tortoise fund and co-managing both the UK Equity and UK Focus funds. Before joining Majedie in 2006, Smith had been a director at Deutsche Bank, where he was Pan European Support Services Analyst. Until 2004 he was 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. Smith joined NPI in 1994. He holds a BS in geophysics from the University of Southampton.

Objective

The Fund aims to maximise total return and to outperform the FTSE AllShare Index over the long term through investment in a concentrated portfolio of predominately UK equities. At least 80% of the Fund will be invested in UK equities, with the balance in international equities, cash or near cash. It is not the intention to invest materially in emerging markets. There is no policy to restrict investment to particular economic sectors.

Showing fund performance in United Kingdom View performance globally

Performance

UK (All Companies) over : 31/03/2018 - 31/03/2019
  • Rank 21/255 Total Return
  • Rank 213/255 Standard Deviation
  • Rank 107/255 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 10.2%
2018 -5.7% -3.8% 13.4% -3.1% -10.8%
2017 6.9% 2.7% 0.9% 1.7% 1.4%
2016 19.1% 0.4% -1.8% 9.1% 10.6%
2015 0.9% 6.9% 0.7% -6.0% -0.4%
2014 8.1% 1.7% 2.7% -0.8% 4.4%
2013 34.6% 11.4% 2.7% 9.6% 7.5%
2012 18.3% 8.1% -6.2% 8.7% 7.4%
2011 -2.5% 1.1% 0.9% -10.2% 6.5%
2010 11.2% 5.1% -12.0% 11.8% 7.5%
2009 40.9% -1.9% 14.3% 21.1% 3.8%
2008 -24.2% -8.8% -2.9% -10.4% -4.4%
2007 10.5% 3.9% 4.5% -1.4% 3.3%
2006 19.5% 9.3% -3.9% 6.3% 7.1%
2005 31.7% 3.7% 3.6% 10.4% 11.0%
2004 9.4% 2.7% 0.5% 1.4% 4.6%
2003 7.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
Tesco PLC ORD 8.07%
BP PLC ORD 7.90%
Rentokil Initial PLC ORD 5.85%
Legal & General Group PLC ORD 5.60%
Centrica PLC ORD 5.03%
Royal Dutch Shell Plc B ORD 4.74%
Daily Mail and General Trust P L C ORD 3.66%
Orange SA ORD 3.64%
WM Morrison Supermarkets PLC ORD 3.57%
Marshalls PLC ORD 3.42%
31/12/2018

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date13/09/2012
  • Share Class size280Mn
  • Base currencyGBP
  • ISIN GB00B7S3QT06

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment5,000

Charges

  • Annual management1.10%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).