Value driven approach with a historic bias to mid and small cap investing.
Prices as at 10 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
|Sector||UK All Companies|
|Dividends paid||Acc units only|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||1%|
|Ongoing Charges Figure||1.21%|
Saracen are a boutique investment manager with a strong and clearly defined process. Focusing upon value investing, the fund's manager, Jim Fisher, has created a defined investment process. The Saracen view of value is an above average dividend yield (4%+) dividend cover greater than 1.5%, a low P/E (less than 12 times) and strong cash flow. Lowly valued companies that have strong potential for upwards re-rating are the ideal, however stocks where there is a high degree of expectation are not considered due to the downside if the market suddenly decides that these expectations are not going to be met. This process is called the "seven pillars of wisdom". These pillars are: Sensible Valuation, Analysis of technical trends, Real economy, Analysis of fundamentals, Cash Flow, Earnings Revisions and the Natural Life Cycle. All these factors have an influence on the valuation, which is the key driver.
Past performance is not a guide to future performance. View full risk warning