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River and Mercantile UK Eq Long Term Recovery

Ranked 4 out of 265 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Hugh Sergeant

Hugh Sergeant graduated from the London School of Economics with a degree in Economics. Hugh began his investment career at Gartmore in 1987 as a UK Equities graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund. In March 2000 Hugh was promoted to Head of UK Equities at UBS Global Asset Management and Chairman of the UK Equities Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Growth strategy and co-manager of the Special Opportunities Fund. Hugh joined R&M in August 2006 and currently manages the UK Equity Long Term Recovery, World Recovery and UK Equity High Alpha Funds. Hugh is Head of the UK Equities team at R&M with overall responsibility for managing and developing the team.

Objective

The investment objective of the Fund is to achieve capital growth through investing in a portfolio which will primarily consist of UK equities that meet the manager's recovery criteria of a turnaround in company profitability over the longer term. The Fund will not be restricted by reference to a benchmark, sector constraints or company size.

Performance

UK (All Companies) over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 -0.7% 5.6% -3.7% -2.4%
2013 57.6% 11.8% 4.9% 17.0% 14.9%
2012 29.1% 18.0% -10.0% 9.1% 11.4%
2011 -18.8% 2.6% 0.5% -22.2% 1.3%
2010 21.6% 7.9% -12.2% 15.4% 11.3%
2009 59.0% -5.4% 30.5% 35.7% -5.0%
2008 -28.8% -9.7% -21.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2009

Top 10 Holdings

Stock Size
HSBC Holdings PLC 3.78
Anglo American PLC 2.77
Barclays PLC 2.77
GlaxoSmithKline PLC 2.48
Rio Tinto PLC 2.47
Xstrata Plc 1.93
Vodafone Group Plc 1.85
Pfizer 1.66
Citigroup Inc 1.61
International Quantum Epitaxy PLC 1.34
30/11/2009

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date17/07/2008
  • Share Class size85Mn
  • Base currencyGBP
  • ISIN GB00B1YHLP55

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment50,000

Charges

  • Annual management1.8%
  • Initial investment5

Related News

Leading UK equity fund managers revel in risk

A quick look at the top performers of the past year quickly confirms a general rule: those who purchased good companies on the floor at the end of 2008 and beginning of 2009 have shot to the top of the league table.

Daily View: River & Mercantile UK equity head 'aggressively' buys property

River & Mercantile's UK equity head Hugh Sergeant is 'aggressively' buying into commercial property on the basis that the yield on the assets class has risen to a level last seen during the seventies and nineties peaks.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).