CFP SDL UK Buffettology I

Multi-cap UK equity fund applying the investment principles of Warren Buffett.

  • 362.92p
    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.

  • 145.55p
    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!

  • 1.00%
    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).

  • 1.28%
    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.

  • 0.60%
    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 22 January 2021, fund data last updated 03 April 2012

The main objective of the UK Buffettology Fund is to achieve a superior annual compounding rate of return over the long-term, defined as between five and ten years, by investing mainly in the equity of UK businesses with strong operating franchises and experienced management teams. These may be either Fully Listed or quoted on AIM. The investment manager applies the philosophy and techniques of Business Perspective Investing.

Fund summary

Sector UK All Companies
Structure OEIC
Launched March, 2014
Size £1,452m
Yield 0.60%
Charging basis Income
Dividends paid 30 Apr, 31 Oct

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.28%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 16/17 -0.27%
  • 17/18 0.85%
  • 18/19 0.82%
  • 19/20 0.47%
  • 20/21 1.18%

Bestinvest MRI

  • 3 years 0.82%
  • 5 years 0.61%
  • Career 0.72%
  • 3 years 94.80%
  • 5 years 96.80%
  • Career 100.00%

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

Keith Ashworth-Lord

Ashworth-Lord is a graduate of the Natural Sciences with a postgraduate Master's degree in Management Studies. His career spans over thirty years in equity capital markets, working in company investment analysis, corporate finance and fund management. He is a Chartered Fellow of the Chartered Institute for Securities & Investment, having formerly been an individual member of the Stock Exchange, and he holds the Investment Management Certificate of the United Kingdom Society of Investment Professionals. Founder of Sanford DeLand Asset Management Limited.

Track record

Keith Ashworth-Lord has 9.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.72%. During the worst period of relative performance (from August 2011 - December 2011) there was a decline of 10% relative to the index. The worst absolute loss has been 27%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.

Periods of worst performance

Absolute -27.00% (January 2020 - March 2020)
Relative -10.00% (August 2011 - December 2011)

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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Top 10 holdings

Data accurate as at 31 July 2020

9.38% Games Workshop Group
5.72% Liontrust Asset Management Plc
4.07% London Stock Exchange Group
3.94% Focusrite Plc
3.84% Ab Dynamics Plc
3.71% Rollins Inc
3.42% Experian Plc
3.39% Rws Hldgs
3.36% Softcat Plc
3.27% Croda International Plc
Source: Trustnet

Sector breakdown

Financials 16.00%
Support Services 15.00%
Software 10.00%
Leisure 9.00%
Biotechnology/Medical 9.00%
Industrials 8.00%
Money Market 7.00%
Chemicals 6.00%
Building & Construction 5.00%
Food, Beverages and Tobacco 4.00%

Portfolio

Around 35 holdings.

Key Investor Information - Income

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Key Investor Information - Accumulation

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