Ardevora Global Long Only Equity C

  • 294.44p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.95%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 16 September 2021, fund data last updated 19 October 2015

This is a long-only multi-cap fund offering exposure to global equities and aims to achieve capital growth over the long term by investing in a diversified portfolio of value and growth companies with a market capitalisation / free float in excess of $1bn. Manager Jeremy Lang previously spent 13 years at Liontrust Asset Management working alongside co-manager William Pattisson before they departed to set up Ardevora Asset Management in 2010.

Fund summary

Sector Global
Structure OFFSHORE FUND
Launched
Size £730m
Yield 0.00%
Charging basis 50% Income 50% Capital
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.95%

Allocation

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Investment process

This fund is a long-only carve out of the Ardevora Global Equity fund's portfolio which is managed using an identical investment approach, with 100% overlap in holdings. The fund will typically invest in both value and growth companies with a market capitalisation / free float in excess of $1bn. The process is grounded in cognitive psychology and recognises that the key players in investment markets have biases which affect their behaviour and lead to poor judgements. The portfolio is diversified and will include c.125 - 175 holdings. All research is done in house and the managers will typically not meet company management, conducting all research based on supporting accounting information, company management statements, analyst reports, industry knowledge and experience to make their final stock selections. No fund manager specialises and they will typically analyse companies from every region and sector, across the capitalisation spectrum.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

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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.

Allocation

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Portfolio

- Circa 125 - 175 stocks - Equally weighted positions - No tracking error targets

Key Investor Information

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