GAM UK DIVERSIFIED A

  • 0.00p
    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.

  • 0.00p
    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?

  • 5.00% 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!

  • 1.50%
    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).

  • 1.60%
    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…

Fund data last updated 16 February 2006

Fund manager Andrew Green has developed his own bespoke style, characterised by contrarian investing. He identifies ideas that have yet to be discovered by the market so therefore tends to be early into some stocks. This approach can lead to occasional benchmark underperformance, especially in momentum driven markets.

Fund summary

Sector UK All Companies
Structure X-OEIC
Launched
Size £52m
Yield 0.00%
Charging basis Income
Dividends paid 30 Sep

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.60%

Allocation

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Investment process

Investing primarily within the UK, fund manager Andrew Green makes full use of the fund's ability to invest overseas. Following a bespoke contrarian style, Green targets value that he considers has been ignored by the market for one reason or another. Catalysts are identified that could change the market's view towards the stock, such as management change, a cut in dividend or the disposal of assets. Stocks are valued using traditional methods with thirty year figures used to improve market timing. Green controls risk through having a large number of holdings and taking small initial positions. These small positions allow the manager to monitor the situation and have the advantage that if they fail to perform their effect on performance is limited. If they do begin to show promise the position will be increased.

Fund manager Andrew Green has developed his own bespoke style, characterised by contrarian investing. He identifies ideas that have yet to be discovered by the market and therefore tends to be early into some stocks. Green is a highly experienced manager, and although his approach can be considered as risky relative to the market, it has led to superior long term out performance, but at the same time can be out of tune with the market for prolonged periods.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 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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Relative 0.00% ()

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

The portfolio is usually well diversified at over 100 holdings.

Key Investor Information - Income

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Key Investor Information - Accumulation

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