Melchior Global Equity I7 GBP

  • 19938.74p
    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!

  • 0.40%
    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).

  • 0.40%
    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.

  • 1.00%
    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 22 January 2021

The Melchior Global Equity Fund aims to generate long term capital returns for its investors. The team analyses the world's stock markets (universe of over 6,000 companies), irrespective of location, industry or size. It selects stocks with attractive business dynamics not recognised in their share price, combined with strong momentum in both their business and share price performance.

Fund summary

Sector
Structure OFFSHORE FUND
Launched June, 2015
Size £5m
Yield 1.00%
Charging basis
Dividends paid Acc units only.

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.40%
Ongoing charges figure 0.40%

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

  • 16/17 0.00%
  • 17/18 -0.84%
  • 18/19 0.29%
  • 19/20 0.26%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.33%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 99.80%

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

Nick Mottram

Mottram joined Dalton Strategic Partnership in March 2010. He was previously a founder and the managing partner of Origin Asset Management LLP and a global equity portfolio manager. Before Origin, he had been Head of Equities and the lead global equity portfolio manager at Investec Asset management from 2000-2004. He joined Schroder Investment Management Limited in 1990 as an investment analyst, moving to their UK pension fund management team in 1991. He was appointed Head of UK Research in 1996, and in 1999 he became Joint Head of Pan European Research. After gaining a degree in English and American Literature from the University of Kent at Canterbury, Mottram went on to qualify as a Chartered Accountant in 1988, working as an audit manager.

Track record

Nick Mottram has 11.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.33%. During the worst period of relative performance (from July 2011 - December 2012) there was a decline of 11% relative to the index. The worst absolute loss has been 37%. 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 -37.00% (January 2001 - January 2003)
Relative -11.00% (July 2011 - December 2012)

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