IFDS BROWN SHIPLEY UK FLAGSHIP A - Manager

John Smith

Prior to joining Henry Cooke in 1994, John was at Pilling & Co, where he managed funds and unit trust portfolios for IFAs. He started his investment career in 1973 at Illingworth & Co, as the research partner's assistant. (Illingworth was a Manchester stockbroker - now part of BWD). John has been with Brown Shipley since its takeover of Henry Cooke in 1999. He joined Henry Cooke in 1994 as manager of the UK Growth Fund until 2000. He then became Head of Strategy. He has managed other Henry Cooke unit trusts, including the High Yield fund for the first six months after it was launched and has now once again taken over management of the Solus UK Growth Fund along with the Solus UK Equity Income Fund, effective 01/06/02.

Track record

John Smith has 7.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.04%.
During the worst period of relative performance (from June 2010 - April 2012) there was a decline of 7% relative to the index. The worst absolute loss has been 38%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 90%.

Sector record since June 2002 (8 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