SVS Cornelian Growth D

Growth - orientated global fund

  • 255.06p
    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.

  • 303.12p
    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).

  • 1.21%
    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.

  • 0.80%
    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 20 January 2021

Fund summary

Sector Volatility Managed
Structure OEIC
Launched January, 2011
Size £255m
Yield 0.80%
Charging basis Income
Dividends paid 15 Jun, 15 Dec

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 1.21%

Allocation

Proportion (%)

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

Allocation

Proportion (%)

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

Allocation

Proportion (%)

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

Investment process

The fund is looking to achieve capital appreciation by investing in a portfolio of equities, bonds, government securities and collective investment schemes. There is no specific limit in exposure to any geographical or industrial sector and the fund may include alternative investments such as property funds, absolute return funds and private equity funds.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 -0.84%
  • 18/19 -2.15%
  • 19/20 2.29%
  • 20/21 0.54%

Bestinvest MRI

  • 3 years 0.23%
  • 5 years 0.00%
  • Career 0.03%
  • 3 years 50.00%
  • 5 years 0.00%
  • Career 64.40%

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

Marcus Brooks

Born 1964. History degree from Oxford. Joined the SG Warburg Group in 1987, initially in UK Equity Research later moving to General Sales. He moved to Kleinwort Benson in 1991 where he had responsibility for an investment trust and pension funds. He joined Stewart Ivory in 1994, where he now heads the 3-man UK Equities team and from 1999 is responsible for the flagship Scottish American IT (asset allocation and UK portfolio). Investment Style Growth investor emphasising profitability, sustainable growth, strong cash flow and operating in niche markets. Team discussions follow fundamental research which in turn results from an initial evaluation of 250-300 companies. Idea sources include brokers, IPOs etc.

Track record

Marcus Brooks has 4.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.03%. During the worst period of relative performance (from May 2007 - February 2009) there was a decline of 33% relative to the index. The worst absolute loss has been 27%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 64%.

Periods of worst performance

Absolute -27.00% (October 2007 - February 2009)
Relative -33.00% (May 2007 - February 2009)

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}}

Top 10 holdings

Data accurate as at 31 July 2020

8.73% Vanguard S&P 500 (Etf)
4.95% Schroder Isf Global Convertible Fund (Gbp Hedged)
4.12% Twenty Four Dynamic Bond Fund
4.08% Findlay Park Funds American Usd
4% Artemis Us Select
3.85% Polar Capital Global Technology Usd
3.81% Blackrock Emerging Markets Fund
3.4% Ishares Physical Gold (Etc)
3.28% Schroder Asian Total Return Fund
3% Twentyfour Absolute Return Credit Fund
Source: Trustnet

Key Investor Information - Income

Download

Key Investor Information - Accumulation

Download