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FL (EX AXA) FRAMLINGTON UK SELECT OPPORTUNITIES PF - Fund overview

Bestinvest rating 5 stars


Overview of FL (EX AXA) FRAMLINGTON UK SELECT OPPORTUNITIES PF

The fund's objective is capital growth by investing in companies, primarily of UK origin, where the manager believes above average returns can be realised relative to the FTSE All Share Index. The manager adopts a stock picking approach, usually driven by themes - these will vary over time and are based on where the manager sees the best growth opportunities. Like all special situation type funds there are no formal stock constraints. There is a bias to small and medium size companies.

Standard Initial Charge

0.00% 

Fund summary

Sector  –
Product type  PENSION FUND
Launched  December, 2005
Size  £7m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 311.20p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.69%
Reduction in yield (10yr) 1.69%

Bestinvest says


Nigel Thomas has been managing money for over two decades and during that time has built one of the strongest track records in the UK All Companies sector. A pragmatic approach to selecting growth opportunities, combined with an instinct for value sets him apart. We believe this unconstrained approach with minimal benchmark overlap can continue to add value although increasing size as it attracts inflows means the fund will always carry a reasonable weighting to blue chip companies.

Portfolio

fl (ex axa) framlington uk select opportunities pf asset allocation illustration
Allocation Proportion
Equity 96%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 4%
fl (ex axa) framlington uk select opportunities pf equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
fl (ex axa) framlington uk select opportunities pf equity capitalisation illustration
Allocation Proportion
Large Caps 51%
Mid Caps 38%
Small Caps 11%

Investment process


The fund's objective is capital growth by investing in companies, primarily of UK origin. The manager adopts a stockpicking approach across the UK market capitalisation spectrum. Share selection is usually driven at first by themes, with these broadly described as growth, value, recovery, consolidation and new issues or entrants to the market. Underlying companies selected are likely to exhibit criteria such as new management, new products, technological change or price anomalies. The manager's pragmatic style means that both growth and value stocks may be included in the portfolio. The manager also places a high emphasis on management integrity.

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.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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