UNICORN FREE SPIRIT A - Manager

Chris Hutchinson

Hutchinson spent six years working in general management for Rank Group and Sheraton Hotels after which he joined the Royal Navy as an officer in the Fleet Air Arm, serving as a helicopter pilot. On leaving, he completed a fixed wing commercial pilot’s licence. In 1990 he joined Whitbread plc as an area manager for Pizza Hut, where he gained a thorough grounding in financial accounting, before temporarily returning to aviation by taking a short term role flying Viscounts for BWA Plc in 1996. Hes joined Montanaro in September 1997, passed the Investment Management Certificate (IMC) in 1998 and is a Fund Manager and the Compliance Officer. In January 2006 it was announced he was leaving Montanaro to join Unicorn Investment Management.

Track record

Chris Hutchinson has 5.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.45%.
During the worst period of relative performance (from February 2009 - August 2009) there was a decline of 25% relative to the index. The worst absolute loss has been 44%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 90%.

Sector record since November 2006 (6 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