DISCRETIONARY TRUST - Manager
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Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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0.45%
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-2.50%
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1.11%
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1.71%
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0.74%
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1.19%
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0.30%
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0.54%
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98.7%
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75.2%
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99.8%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Simon Knott
 "Photo of Simon Knott")
Knott graduated from Cambridge University (Trinity College) with an MA in Economics. He started his career in the City in 1980 working for the family stockbroking firm and subsequently Greig Middleton, to whom the firm was sold. Knott trained as an analyst and subsequently moved into fund management. He has also been involved in number of USM listings and is an investment director at the Rights & Issues Investment Trust, which he has run since 1984. He has also managed the Discretionary Unit Trust since launch in 1990 and both funds are run in a similar style.
Track record
Simon Knott has 21.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.54%.
During the worst period of relative performance (from September 2008 - April 2009) there was a decline of 32% relative to the index. The worst absolute loss has been 67%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.
Other funds managed
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Start Date |
DISCRETIONARY TRUST
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Oct 1990
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RIGHTS & ISSUES IT - INCOME
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–
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RIGHTS & ISSUES IT - CAP
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–
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| Periods of worst performance |
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Absolute
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-67%
(May 2007 - March 2009)
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|
Relative
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-32%
(September 2008 - April 2009)
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Sector record since
October 1990 (22 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