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Hargreaves unveils Wealth 150+ super clean deals
by Alex Steger on Mar 01, 2014 at 09:58
Hargreaves Lansdown has unveiled the 27 super clean funds on its 150+ list.
Hargreaves has secured heavy discounts on the funds with the average annual management charge (AMC) for the list coming in at 0.54%.
There are some high profile names missing from the list, such as Invesco Perpetual's UK equity income funds run by Neil Woodford, who is leaving the firm to set up his own boutique.
The Wealth 150+ does not include tracker funds, which are on a separate list of 12, managed by BlackRock and Legal & General, with ongoing charges of between 0.09% and 0.25%.
Hargreaves Lansdown 150+ sits alongside the broker's traditional Wealth 150 list, which has an average AMC of 0.66%.
Hargreaves head of research Mark Dampier (pictured) said all the managers on the Wealth 150+ list had outperformed their benchmarks over the course of their careers.
'Our investment team devotes over 30,000 hours a year to researching fund managers to identify the best in the market. The core investment principles which underpin our research process ensure that only the best funds make it onto the Wealth 150 and Wealth 150+.,’ he said.
The 27 funds on 150+ and the annual charges on the Hargreaves platform are:
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Look up the funds
- First State Asia Pacific Leaders A GBP Acc
- Marlborough UK Micro Cap Growth A Acc
- Artemis Income R Inc
- Artemis Strategic Assets R Acc
- GLG Japan CoreAlpha Retail Acc A GBP
- M&G Recovery A Inc
- Old Mutual UK Alpha R Acc
- Standard Life Inv UK Smaller Companies Ret Acc
- Threadneedle UK Equity Income Ret Net Inc GBX
- Threadneedle European Select Ret Net Acc GBX
- Newton Asian Income GBP Inc
- Newton Global Higher Income GBP Inc
- Newton Real Return GBP Inc
- Aberdeen Latin American Equity A Acc
- Marlborough Multi Cap Income Acc
- Newton Emerging Income Sterling Inc
- AXA Framlington Managed Balanced R Acc
- Rathbone Income Inc
- CF Lindsell Train UK Equity Acc
- Lindsell Train Global Equity A
- Invesco Perpetual Tactical Bond Acc
- Artemis Strategic Bond QR Acc
- Royal London Sterling Extra Yield Bond A
- Fidelity Moneybuilder Income
- Morgan Stanley Sterling Corporate Bond A Acc
Look up the shares
Look up the fund managers
- Angus Tulloch
- Adrian Frost
- Tom Dobell
- Richard Buxton
- Harry Nimmo
- Leigh Harrison
- Stephen Harker
- Giles Hargreave