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Polar Capital Global Insurance I GBP

Bestinvest LogoA focused fund specialising in international insurance stocks.

PRICE (INC)

707.25p

PRICE (ACC)

951.4p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.86%

YIELD

0.5%

1 YEAR
19.57%

Prices as at 16 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The fund's aim is long term capital growth through investment in companies operating in the international insurance sector. The fund benefits from the experience of Alec Foster, who has spent his entire career, over 40 years in the insurance market. Research is generated internally, leveraging off individual company contacts, and in-house specialist knowledge. Although the fund's performance will be vulnerable to the insurance cycle, it can also be considered as a long term investment. Investors in this fund are exposed to US dollar currency risk.

Fund summary

SectorFinancials and Financial Innovation
StructureOFFSHORE FUND
LaunchedMay 2011
Size£2,057m
Yield0.5%
Charging Basis
Dividends paid30 Apr, 31 Oct

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.86%

Investment Process

The fund's aim is long term capital growth through investment in companies operating in the international insurance sector. Such companies may include, Property/Casualty, Lloyd's vehicles, Re-insurers and Life Assurance companies. The fund can also hold bonds and cash. The manager adopts a bottom up investment style and pays close attention to company value. In depth knowledge of portfolio companies is gained from industry contacts, as well as a short list of firms who specialise in researching the insurance industry. Generally there are four things that the manager considers for a prospective investment: (i) What is the company underwriting; (ii) Are they making an underwriting profit; (iii) Quality of management and (iv) Reserving. The fund's reference benchmark is the MSCI World Insurance Index, the managers are eligible for a performance fee of 10% of any outperformance of the benchmark index.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning