Marlborough UK Multi-Cap Growth A

Multicap UK equity fund aiming for capital growth.

  • 353.59p
    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?

  • 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.

  • 0.10%
    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 21 September 2020

The fund aims to provide medium to long term capital growth. The Manager intends to invest in an actively managed portfolio of small, medium and large cap UK equities, principally in companies which are amongst the leading companies in their business sector.

Fund summary

Sector UK All Companies
Structure UNIT TRUST
Launched July, 1995
Size £245m
Yield 0.10%
Charging basis Income
Dividends paid 20 May, 20 Nov

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.60%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 15/16 0.34%
  • 16/17 0.96%
  • 17/18 0.46%
  • 18/19 -0.65%
  • 19/20 1.79%

Bestinvest MRI

  • 3 years 0.53%
  • 5 years 0.58%
  • Career 0.56%
  • 3 years 88.70%
  • 5 years 96.40%
  • Career 98.50%

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

R Hallett

Hallett qualified as a Chartered Accountant at Ernst & Young in 1994 and subsequently joined Singer & Friedlander in 1995 as a UK Equity fund manager.

Track record

R Hallett has 7.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.56%. During the worst period of relative performance (from August 2018 - December 2018) there was a decline of 14% relative to the index. The worst absolute loss has been 23%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 99%.

Periods of worst performance

Absolute -23.00% (August 2018 - December 2018)
Relative -14.00% (August 2018 - December 2018)

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

3.9834% Homeserve
3.6369% London Stock Exchange Group
3.5965% Experian Plc
3.5713% Rentokil Initial Plc
3.487% Genus Plc
3.4373% Dechra Pharmaceuticals
3.3798% Burford Capital Ltd
3.361% Liontrust Asset Management Plc
3.1429% Aveva Group
3.06% Intermediate Capital Group
Source: Trustnet

Sector breakdown

Industrials 23.00%
Consumer Discretionary 22.00%
Health Care 18.00%
Technology 15.00%
Financials 13.00%
Telecommunications 5.00%
Consumer Staples 2.00%
Cash & Cash Equivalents 2.00%

Key Investor Information

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