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ECCLESIASTICAL HIGHER INCOME A - Manager

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Average monthly relative returns

Bestinvest MRI

07/08 08/09 09/10 10/11 11/12   3 years 5 years Career 3 years 5 years Career
-0.04% -0.12% 0.73% 0.06% -0.36%   0.14% 0.05% 0.14% 93.2% 87.5% 99.4%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Robin Hepworth


Manager. Hepworth is a graduate of what is now Greenwich University (Estate Management). He worked at Church Commisioners as an Investment Analyst prior to joining Ecclesiastical in 1988. Initially a general investment analyst, he became fund manager of their pension fund in 1990.

Track record


Robin Hepworth has 17.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.14%.
During the worst period of relative performance (from December 1994 - February 2000) there was a decline of 19% relative to the index. The worst absolute loss has been 20%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.

Other funds managed

  Start Date
ECCLESIASTICAL HIGHER INCOME A Nov 1994
ECCLESIASTICAL AMITY INTERNATIONAL Feb 2008
Periods of worst performance
Absolute -20% (October 2007 - October 2008)
Relative -19% (December 1994 - February 2000)

Sector record since November 1994 (18 yrs)


Relative Performance in UK EQUITY AND BOND INCOME


Discrete Monthly Returns - 55% Up Months

About the MRI


Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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