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GLG Undervalued Assets Professional Acc C GBP

Ranked 47 out of 261 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Jack Barrat

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.

Objective

The objective of the Fund is to achieve long-term capital growth. To achieve the objective the Fund will invest predominantly in securities of UK listed companies, either directly or indirectly (through permitted derivatives), which are considered to be undervalued relative to their asset base and to the returns on capital the companies are generating. The Fund may also invest in other transferable securities, units or shares in collective investment schemes, money market instruments, deposits, cash, near cash and derivatives and forward transactions.

Performance

UK (All Companies) over : 31/12/2013 - 31/12/2014

Total Return

Quarterly Performance

to 31/12/2014 Annual Q1 Q2 Q3 Q4
2014 3.9% 4.9% -1.5% -0.2% 0.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2014

Top 10 Holdings

Stock Size
HSBC Holdings PLC ORD 5.29
BP PLC ORD 3.68
GBP Cash 3.65
Lloyds Banking Group PLC ORD 2.39
Old Mutual PLC ORD 2.34
Qinetiq Group PLC ORD 2.29
Royal Dutch Shell PLC ORD 2.27
Royal Dutch Shell Plc B ORD 2.22
Vodafone Group PLC ORD 2.19
Savills PLC 1.83
30/09/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date15/11/2013
  • Share Class size181Mn
  • Base currencyGBP
  • ISIN GB00BFH3NC99

Purchase Info

  • Min. initial investment500,000
  • Min. additional investment0

Charges

  • Annual management0.8%
  • Initial investment0

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