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Henderson Cautious Managed

Ranked 89 out of 349 in - Balanced over 12 months
All calculations are in GBP

Managed by

John Pattullo

Having graduated from St Andrews University in 1993 with a degree in economics, John Pattullo began his career as an audit supervisor with Price Waterhouse Coopers. After a four-year stint at the accountancy firm, his career took a different path when he joined Henderson Global Investors as a trainee manager. The Edinburgh-born manager’s rise within his new company was rapid. In the ten years he has been involved in fund management he has risen to the position of director of retail credit within the group. Outside of fund management, Pattullo enjoys tennis, and his appreciation of golf seems to be at odds with Mark Twain’s description of the sport being ‘a good walk spoiled’.

Christopher Burvill

Christopher Burvill was born in 1958 and graduated in Economics from Cardiff University. He joined Gartmore in 2003 where he is responsible for the Gartmore Cautious Managed fund. Prior to this he was a UK equity manager with Commercial Union and before this he worked for Investec for ten years. In his spare time, Burvill is a keen musician.

Jenna Barnard

Jenna Barnard graduated from Oxford University with a BA degree in Politics, Philosophy and Economics. She started her career with Orbitex Investments Ltd as an inverstment analyst. Jenna joined Henderson Global Investors in 2002 as a credit analyst and assistant portfolio manager. In 2004 she became a credit portfolio manager and in 2005 she took charge of the Henderson Strategic High Yield Bond fund and the Preference and Bond fund alongside John Pattullo. Jenna is currently an associate director of fixed income. She is a CFA Charterholder and an affiliate member of the UKSIP and the Securities Institute.

Objective

The investment objective and policy of this Fund is to provide a combination of income and long-term capital growth. Investment will be in a diversified portfolio of equities, bonds and other related investments. At all times the investment in equities will be limited to a maximum of 60% of the value of the Fund's portfolio.

Performance

Balanced over : 31/07/2013 - 31/07/2014
  • Rank 89/349 Total Return
  • Rank 166/349 Standard Deviation
  • Rank 59/349 Max Drawdown
Fund Name Loss
58 T. Bailey Dynamic Retail Inc

-1.3%

59 F&C Diversified Growth X GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

-1.3%

59 Schroder MM Diversity Balanced A Acc

-1.3%

59 Henderson Cautious Managed Ret Acc

-1.3%

59 Barclays Balanced Portfolio A Acc

Currency exposure is hedged

Currency exposure is hedged

-1.3%

59 Barclays UK Balanced Portfolio B Inc

-1.3%

59 Aviva Investors Distribution SC 1 Inc

-1.3%

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 2.3% 0.6% 1.7% 0.0%
2013 14.2% 6.2% -0.3% 4.4% 3.3%
2012 11.7% 3.7% -0.3% 4.8% 3.1%
2011 1.2% 1.2% 2.0% -5.5% 3.8%
2010 8.3% 3.9% -4.2% 6.5% 2.1%
2009 13.1% -7.7% 8.0% 10.6% 2.6%
2008 -8.8% -4.4% -2.4% -2.1% -0.2%
2007 1.6% 0.5% 0.7% 0.7% -0.4%
2006 8.8% 3.5% -1.4% 3.4% 3.1%
2005 14.0% 2.5% 3.5% 4.1% 3.2%
2004 11.5% 1.8% 0.5% 3.2% 5.7%
2003 20.2% 0.8% 10.8% 3.1% 4.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2014

Top 10 Holdings

Stock Size
GBP Cash 15.24
GBP Forward Contract 4.46
HSBC Holdings PLC ORD 2.83
BP PLC ORD 2.67
Royal Dutch Shell Plc B ORD 2.50
United Kingdom 2.500% 26-Jul-2016 2.45
United Kingdom 1.875% 22-Nov-2022 2.25
GlaxoSmithKline PLC ORD 2.08
AstraZeneca PLC ORD 1.76
BT Group PLC ORD 1.69
31/05/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date03/02/2003
  • Share Class size992Mn
  • Base currencyGBP
  • ISIN GB0032477639

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment5,000

Charges

  • Annual management1.3%
  • Initial investment5

Related News

Chris Burvill: FTSE at 7500 by year-end ‘absolutely achievable’

Chris Burvill, director of UK equities at Henderson, has argued that a combination of factors could propel the FTSE 100 to record levels by the end of the year.

Henderson's Burvill: a 'panic moment' is coming for bond investors

Henderson Cautious Managed manager Chris Burvill remains bullish on the UK’s consumer facing equities but has been adding selective high yield bond opportunities to the £900 million fund.

Henderson Cautious Managed

Henderson’s McConkey and Burvill hit as HMV falls into administration

(Update) Henderson Global Investors have taken a small hit from the demise of HMV, while a number of wealth firms have positions in the collapsed retailer likely to be held on behalf of execution only clients.  

Pattullo and Barnard join forces with Burvill on Henderson Cautious fund

(Update) Bond duo John Pattullo and Jenna Barnard have joined Chris Burvill as co-managers of the Henderson Cautious Managed fund following its merger with the Distribution fund.

Chris Burvill: who stole the appetite for equities?

With no one very hungry for equities at the moment, the Henderson Cautious Managed fund manager asks how often do starvation diets end up in overindulgence?

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Why Chris Burvill is feeling a little more optimistic

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