RATHBONE INCOME - Manager

Carl Stick

Stick graduated from the University of Southampton in 1991 with a BA Honours degree in English Literature. He is also IIMR qualified and a Fellow of the Securities Institute. After serving in several non-investment related jobs, he took up a position as an assistant private client manager with stockbroking firm Neilson Cobbold, Tunbridge Wells in 1996. He joined Rathbones in London in 1998 when they acquired Neilson Cobbold and became an assistant fund manager the same year. He took over the management of the Rathbone Income Fund in January 2000, and subsequently ran their Smaller Companies and Special Situations funds. In October 2001 he became a board director of Rathbone Unit Trust Management.

Track record

Carl Stick has 12.4 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.38%.
During the worst period of relative performance (from February 2007 - March 2010) there was a decline of 20% relative to the index. The worst absolute loss has been 48%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.

Sector record since December 1999 (12 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