TILNEY MAXIMUM GROWTH PORTFOLIO CLEAN GBP

A multi-asset fund of funds, with a bias to equities including significant exposure to overseas equities

  • 99.69p Price (Inc)
  • 99.69p Price (Acc)
  • 5.00% 0.00%

    Initial charge
  • 0.75% Annual management charge
  • 1.47% Ongoing charges
  • 0.60% Yield

Fund data last updated 14 November 2019

The Maximum Growth fund is designed to deliver high growth by investing in UK and global stock markets. This portfolio is our most adventurous in our fund suite, as it invests mainly in shares and has substantial exposure to both smaller companies and markets outside the UK, including emerging markets and Asia. Stock markets can be particularly volatile in the short term, and investments in smaller companies and overseas markets also carry their own risks. This means the Maximum Growth fund could suit adventurous investors who have a very high tolerance to risk and a long time horizon. The objective is to deliver capital growth over the long term.

Fund summary

Sector Mixed Asset Aggressive
Structure OFFSHORE FUND
Launched September, 2019
Size £39m
Yield 0.60%
Charging basis Capital (Income units)
Dividends paid 31 Mar, 30 Sep

Charges

Initial charge 5.00%
Initial charge via Bestinvest 5.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.47%

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Investment process

Asset class exposure within the fund will be predominately accessed via collective investment schemes (both regulated and unregulated, including but not restricted to certain hedge funds where investment in such funds would be consistent with the Fund's investment objective and policy), investment trusts, investment companies, fixed income securities, equities, immovable property, cash, near cash and deposits. The Fund may also invest in other transferable securities and money market instruments. Asset allocation is set by Tilney's Asset Allocation Committee on a quarterly basis, then using our team of expert fund analysts and portfolio managers, we identify what we believe to be the best funds and most appropriate asset allocation which we combine with the aim of delivering excellent client outcomes.

Manager research

Average monthly relative returns

Bestinvest MRI

14/15 15/16 16/17 17/18 18/19 3 years 5 years Career 3 years 5 years Career
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

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

Ben Seager-Scott

Ben is the Head of Multi-Asset Funds in the Central Investment Team. He joined the firm in 2011 as a senior fund analyst having previously worked at Bristol based Whitechurch Securities. Ben is a CFA charter holder and has a PhD in Biochemistry.

Track record

The track record of Ben Seager-Scott in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

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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.

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Portfolio

The fund has a bias to equities, with considerable exposure to overseas equities, although it is not restricted in its choice of asset category. Fund volatility as well as asset allocation and geographical and capitalisation split of equities relative to the Asset Model is continually monitored to ensure that there is not a wide divergence relative to the in-house rules. The fund's equity component is always likely to have above average exposure to small and mid cap stocks.

Key Investor Documents

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