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Majedie Asset Management Tortoise A Acc

Ranked 34 out of 79 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

Managed by

Tom Morris

Tom Morris is a fund manager and analyst with 6 years’ investment experience in UK and international equity markets at Majedie. He is responsible for co-managing the Tortoise Fund, Global Equity Fund and Global Focus Fund, having previously worked for Majedie as an Equity Analyst. Tom holds a Master of Sciences degree in Natural Sciences, specialising in Physics, from St Catharine’s College, Cambridge. He is a CFA charterholder.

Matthew Smith

Matthew Smith is a fund manager and analyst with 21 years' investment experience in UK and international equity markets. Matthew is responsible for lead managing the Tortoise Fund and co-managing both the UK Equity and UK Focus funds. Before joining Majedie in 2006, Matthew had been a Director at Deutsche Bank, where he was Pan European Support Services Analyst. Until 2004 he had been a Director and Transport Analyst at Credit Suisse. Prior to that, he was a fund manager and analyst at NPI, where he managed the NPI UK Extra Income Unit Trust. Matthew joined NPI in 1994. He holds a Bachelor of Science degree in Geophysics from the University of Southampton. He is SFA qualified and an Associate Member of the CFA Society of the UK.

Objective

To achieve positive absolute returns in all market conditions through investment primarily in long and synthetic short positions in equities over rolling three-year periods with less volatility than a conventional long-only equity fund. It will hold a maximum of 40 long positions, representing an overall net position of up to 100% of NAV. No more than 10% of the NAV will be invested in any one security. long positions will be achieved by direct purchases of the equities using the assets of the Fund. It will hold a maximum of 40 short positions, which may represent up to 100% of the NAV, and each synthetic short positions held will not exceed 10% of the NAV.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 30/04/2015 - 30/04/2016
  • Rank 34/79 Total Return
  • Rank 59/79 Standard Deviation
  • Rank 64/79 Max Drawdown
Fund Name Currency Loss
62 Schroder ISF QEP Global Value Plus GBP C Acc GBP

-11.5%

63 LM MC Japan Abs Alpha M (PF) GBP Dis (A) (H)

Currency exposure is hedged

Currency exposure is hedged

GBP

-11.7%

64 Majedie Asset Management Tortoise A Acc GBP

-11.7%

65 Jupiter International Financials Acc GBP

-11.8%

66 Majedie Tortoise A Acc GBP

-12.1%

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 8.3%
2015 -8.0% 3.0% -3.8% -3.9% -3.4%
2014 0.8% 4.0% -1.5% -3.3% 1.8%
2013 17.3% 1.6% 5.8% 6.1% 2.9%
2012 6.9% 0.2% -2.9% 1.7% 8.1%
2011 9.8% 1.2% 1.7% 8.7% -1.8%
2010 -1.4% -1.1% -0.5% 0.1% 0.1%
2009 33.9% 8.9% 14.9% 8.6% -1.4%
2008 6.2% -1.5% 11.5% 0.3% -3.6%
2007 9.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date31/08/2007
  • Share Class size09Mn
  • Base currencyGBP
  • ISIN IE00B240WY77

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment100,000

Charges

  • Annual management1.00%
  • 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).