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Kames UK Equity Absolute Return

Ranked 11 out of 14 in - Market Neutral over 12 months
All calculations are in GBP unless stated

Managed by

David Griffiths

David Griffiths is an investment manager at Kames Capital, having previously worked as a Sector Fund Manager for the British Steel Pension Fund until 2000. Griffiths co-manages the Kames UK Equity Absolute Return fund with David Pringle, and the pair aim to achieve low volatility and a positive absolute return over twelve months, irrespective of market conditions. Griffiths holds a degree in Aeronautical Engineering, which he studied at the University of Bristol.

Malcolm McPartlin

David Pringle

As an investment manager for Kames Capital, David Pringle is jointly responsible for the firm’s Kames UK Equity Absolute Return Fund alongside David Griffiths. The fund follows a market-neutral, absolute return strategy with an emphasis on stock selection, whilst also taking a top-down perspective. Pringle joined Kames in 2001, having previously worked for WM Company as a research assistant. He is a CFA charter holder and graduated with a degree in Financial Services from Glasgow Caledonian University.


To achieve a positive absolute return over a 12 month period in all market conditions by investing principally in a portfolio of equities and equity-related securities (including Contracts for Difference and other derivatives) of companies based in the UK, principally conducting business in the UK or listed on the UK stock market. Cash and near cash will be held, and the fund may also invest in other transferable securities (for example, bonds and other public and government securities), permitted money market instruments, permitted deposits and units in collective investment schemes.

Showing fund performance in United Kingdom View performance globally


Market Neutral over : 31/12/2014 - 31/12/2015
  • Rank 11/14 Total Return
  • Rank 4/14 Standard Deviation
  • Rank 6/14 Max Drawdown
Fund Name Currency Return
9 Insight - Absolute Insight Eq Market Neut S GBP GBP


9 Kames Equity Market Neutral B Acc GBP GBP


11 Kames UK Equity Absolute Return B Acc GBP


12 DB Platinum IV Equity Factor Premia I1C-G

Currency exposure is hedged

Currency exposure is hedged



13 Man GLG European Alpha Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged



Fund Name Currency Risk
2 F&C Real Estate Equity Long/Short C GBP Acc GBP


3 Julius Baer EF Absolute Return Europe Eq-GBP Bh

Currency exposure is hedged

Currency exposure is hedged



4 Kames UK Equity Absolute Return B Acc GBP


5 Kames Equity Market Neutral B Acc GBP GBP


6 Man GLG European Alpha Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged



Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 2.5% 1.1% 0.8% -0.4% 1.0%
2014 4.2% 0.2% -0.4% 3.2% 1.2%
2013 6.1% 1.9% 2.7% -0.9% 2.3%
2012 1.6% 0.5% 0.8% -0.1% 0.4%
2011 4.3% 0.2% 1.4% 1.7% 1.0%
2010 1.1% 0.6% 0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/02/2010
  • Share Class size579Mn
  • Base currencyGBP
  • ISIN GB00B4XS8040

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment10,000


  • Annual management0.80%
  • Initial investment0

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