CLOSE BEACON INVESTMENT FUND - 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
|
5 years
|
Career
|
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–
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–
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1.58%
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0.49%
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-0.97%
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|
0.37%
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–
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0.83%
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81.6%
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0.0%
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92.2%
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|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Deryck Noble-Nesbitt
 "Photo of Deryck Noble-Nesbitt")
After graduating from Cambridge in 1994, Noble-Nesbitt spent six years as a chartered accountant working for Deloitte & Touche in London and New York. In 2001 he joined Govett as an equity analyst, making the move to Close Fund Management in March 2005, where he is director of research and smaller companies. He is a CFA charterholder.
Track record
Deryck Noble-Nesbitt 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 +0.83%.
During the worst period of relative performance (from November 2009 - September 2010) there was a decline of 18% relative to the index. The worst absolute loss has been 50%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 92%.
Other funds managed
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Start Date |
CLOSE BEACON INVESTMENT FUND
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Jul 2008
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CLOSE SPECIAL SITUATIONS
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Jul 2008
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| Periods of worst performance |
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Absolute
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-50%
(August 2008 - December 2008)
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|
Relative
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-18%
(November 2009 - September 2010)
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Sector record since
August 2008 (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