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FP Miton Undervalued Assets A Acc

Ranked 179 out of 259 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Henry Dixon

Henry Dixon is a portfolio manager on the UK Equities team at GLG, having joined in October 2013. Prior to joining GLG, Henry was a portfolio manager and founder of Matterley where he ran their flagship Undervalued Assets Fund. Prior to that he worked at New Star where he Managed the British Lion Portfolio, and The Family Charities Ethical Trust. He also co-managed the New Star Equity Income Fund (c GBP 300m) and assisted managing the Institutional Fund (c GBP 1bn). Henry has over eleven years’ experience in equity investment management and is a CFA Charterholder.


The investment objective of the Fund is to achieve long-term capital growth. The Fund aims to invest predominantly in securities of UK companies, either directly or indirectly, which the Investment Manager considers to be undervalued relative to its asset base and to the returns on capital the companies are generating.


UK (All Companies) over : 31/01/2014 - 31/01/2015

Total Return

Quarterly Performance

to 01/01/2015 Annual Q1 Q2 Q3 Q4
2014 3.1% 4.9% -1.7% -0.1% 0.0%
2013 36.9% 10.8% -0.9% 10.2% 13.1%
2012 23.9% 13.8% -5.5% 7.8% 6.9%
2011 -9.5% 1.2% 0.2% -15.4% 5.6%
2010 29.3% 7.8% -7.4% 13.6% 14.0%
2009 39.3% -9.6% 20.5% 27.2% 0.6%
2008 -15.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Vertu Motors PLC ORD 2.46
Clarkson PLC ORD 2.43
Bovis Homes Group PLC ORD 2.42
Bellway PLC ORD 2.41
Lookers PLC ORD 2.39
Conygar Investment Co PLC ORD 2.30
Millennium & Copthorne Hotels PLC ORD 2.28
JD Sports Fashion PLC ORD 2.23
Costain Group PLC ORD 2.17
Dignity PLC ORD 2.15

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date12/08/2008
  • Share Class size03Mn
  • Base currencyGBP

Purchase Info

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


  • Annual management1.3%
  • Initial investment0

Related News

One large, one mid, one small: Three stocks to shine in 2011?

Matterley Undervalued Assets fund managers Henry Dixon and George Godber tip one stock from the FTSE 100, 250, and All Share respectively, that they expect to outperform in 2011.

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