GVQ Opportunities A

  • 830.80p
    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.

  • 1.90%
    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 27 May 2020

The GVQ Opportunities Fund (the “Fund”) invests in the equity of up to 45 UK quoted companies which have been identified as undervalued using private equity based valuation techniques. The Fund may also invest up to a maximum 20% of its net asset value in non-UK domiciled companies. The Fund is not constrained by market indices and aims to maximise returns for investors over the medium term.

Fund summary

Sector UK All Companies
Structure OFFSHORE FUND
Launched October, 2015
Size £78m
Yield 1.90%
Charging basis
Dividends paid

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.95%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 15/16 -0.26%
  • 16/17 -0.26%
  • 17/18 -0.76%
  • 18/19 -0.06%
  • 19/20 -0.82%

Bestinvest MRI

  • 3 years -0.55%
  • 5 years -0.43%
  • Career 0.11%
  • 3 years 20.10%
  • 5 years 19.80%
  • Career 82.90%

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

Jamie Seaton

Seaton joined SVG Investment Managers in 2004 as an investment manager and is a member of SVGIM’s investment comittees. Prior to joining he was a fund manager at Rothschild Asset Management (RAM). While at RAM, he was a member of the European equity team and helped manage £0.5 billion of Pan-European equities. Seaton is a CFA charterholder and a member of the CFA Institute.

Track record

Jamie Seaton has 10.4 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.11%. During the worst period of relative performance (from June 2015 - March 2020) there was a decline of 29% 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 83%.

Periods of worst performance

Absolute -38.00% (December 2019 - March 2020)
Relative -29.00% (June 2015 - March 2020)

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

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Key Investor Information

Download