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CF Seneca Distribution Ret A Inc

Ranked 151 out of 349 in - Balanced over 12 months
All calculations are in GBP

Managed by

Alan Borrows

Alan began his investment career as an Investment Assistant at Merseyside County Council in 1980, rising to the position of Senior Investment Manager in 1987. Alan was also involved in the development of the private equity programme at Merseyside Pension Fund. Alan jointly founded Miton Capital Partners Limited (formerly Midas Capital Partners Limited) in 2002. Borrows adopts a top down, value approach to portfolio construction for his CF Miton Distribution fund, complimenting the equity element with an array of fixed interest, property, structured products and alternative investments. Away from the office he enjoys football, walking and relaxing with his family.

Richard Parfect

Richard Parfect commenced his investment career with Rathbone Neilson Cobbold in 1996 in the UK equity research department. On attaining his Securities Institute Diploma, he moved into institutional fund management with the Merseyside Pension Fund (MPF), focussing primarily on equities. In 2002 Richard was one of the founding members of Miton Capital Partners Limited (formerly Midas Capital Partners Limited). On 1 July 2010 he was appointed co-manager of the CF Miton Distribution Fund (formerly CF Midas Balanced Income Fund). Richard is a Fellow of the Chartered Institute for Securities & Investments.

Objective

The investment objective of the Fund is to provide a high level of growing income by investing in a balanced and well diversified portfolio of UK and International equities, fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes, money markets and cash deposits to provide further diversification to the Sub-fund in accordance with applicable regulations.

Performance

Balanced over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 2.5% -0.2% 2.2% 0.5%
2013 11.7% 6.6% -0.7% 3.6% 1.8%
2012 11.7% 5.7% -2.1% 3.7% 4.1%
2011 -5.5% 0.4% 2.5% -8.2% 0.0%
2010 9.3% 3.6% -4.9% 6.4% 4.2%
2009 17.6% -10.1% 12.2% 11.9% 4.2%
2008 -29.1% -6.9% -4.5% -8.4% -13.0%
2007 0.1% 3.1% 1.0% -2.2% -1.7%
2006 13.4% 5.9% -2.0% 4.4% 4.7%
2005 17.4% 4.6% 3.0% 5.2% 3.6%
2004 15.8% 3.1% 1.5% 4.6% 5.8%
2003 22.1% -5.3% 13.7% 6.7% 6.3%
2002 -12.5% -3.2% -10.5% 1.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2014

Top 10 Holdings

Stock Size
A J Bell Holdings Ltd 4.31
Midas Income & Growth Trust PLC 3.80
Royal London Sterling Extra Yield Bond A 3.39
Baillie Gifford High Yield Bond B Inc 3.25
PFS TwentyFour Dynamic Bond I Inst Inc 3.23
Royal London Shrt Dur Glo Hi Yield Bd Z Inc 2.97
IFSL Harewood US Enhanced Income A 2.90
Templeton Global Total Return I (Mdis) GBP-H1 2.54
Schroder Asian Income Maximiser Z Inc 2.54
Muzinich Short Duration High Yield Hdg GBP Inc 2.46
31/03/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date08/04/2002
  • Share Class size127Mn
  • Base currencyGBP
  • ISIN GB0031467961

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment0

Charges

  • Annual management1.4%
  • Initial investment5

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