CAZENOVE UK GROWTH & INCOME X - Manager
Bestinvest rating
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
|
|
–
|
–
|
-0.17%
|
-0.01%
|
-0.28%
|
|
-0.15%
|
–
|
-0.13%
|
42.1%
|
0.0%
|
44.4%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
|
Other funds managed
David Docherty
 "Photo of David Docherty")
Docherty joined Cazenove in 2000 and is a member of the Pan-European equity team. He has been a fund manager at Gartmore Investment Management (1994-1997), Lloyds Investment Management (1989-1994) and M&G Investment Management where he was a fund manager and chairman of the UK model portfolio committee. In addition to his fund management responsibilities Docherty is responsible for the following sectors: Aerospace and Defence, Automobiles, General Industrials and Oil & Gas. He has a degree in History from Durham University and gained an MBA from Cranfield School of Management.
Track record
David Docherty has 3.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.13%.
During the worst period of relative performance (from November 2002 - November 2011) there was a decline of 9% relative to the index. The worst absolute loss has been 17%.
| Periods of worst performance |
|
Absolute
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-17%
(April 2011 - September 2011)
|
|
Relative
|
-9%
(November 2002 - November 2011)
|
Sector record since
November 2002 (4 yrs)
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