Polar Capital UK Value Opportunities I GBP

A multi-cap UK equity fund targeting capital growth.

  • 956.00p
    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.

  • 1006.00p
    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!

  • 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).

  • 0.88%
    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.

  • 2.80%
    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 01 July 2020

The Fund’s objective is to achieve long term capital appreciation by primarily investing in a diversified portfolio of equity securities listed in the UK.

Fund summary

Sector UK All Companies
Structure OFFSHORE FUND
Launched January, 2017
Size £990m
Yield 2.80%
Charging basis
Dividends paid January

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.88%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 1.01%
  • 18/19 1.39%
  • 19/20 -0.82%

Bestinvest MRI

  • 3 years 0.53%
  • 5 years 0.00%
  • Career 0.54%
  • 3 years 50.00%
  • 5 years 0.00%
  • Career 86.90%

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

George Godber

Prior to joining Miton in December 2012, Godber cofounded Matterley in 2008 and was co-manager of the group’s Undervalued Assets Fund. Previously, he was a Director of Credit Suisse. In 2016 He moved to Polar Capital with co-manager Georgina Hamilton.

Track record

George Godber has 3.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.54%. During the worst period of relative performance (from September 2015 - June 2016) there was a decline of 18% relative to the index. The worst absolute loss has been 15%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 87%.

Periods of worst performance

Absolute -15.00% (December 2015 - June 2016)
Relative -18.00% (September 2015 - June 2016)

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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Key Investor Information - Income

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Key Investor Information - Accumulation

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