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Majedie Asset Management Tortoise A Acc

Ranked 56 out of 66 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

Tom Morris

Tom Morris is a fund manager and analyst with four 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 19 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

Performance

Long/Short Equity over : 31/10/2013 - 31/10/2014
  • Rank 56/66 Total Return
  • Rank 30/66 Standard Deviation
  • Rank 46/66 Max Drawdown
Fund Name Risk
28 BlackRock UK Absolute Alpha A Acc

1.7

29 BSF European Diversified Equity Abs Ret A2 GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

1.8

30 Martin Currie GF - European Absolute Alpha GBP

1.8

30 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged

1.8

30 Majedie Asset Management Tortoise A Acc

1.8

Fund Name Loss
44 RWC Global Growth Absolute Alpha B GBP

Currency exposure is hedged

Currency exposure is hedged

-6.4%

45 SWMC Small Cap European B GBP

-6.5%

46 Majedie Asset Management Tortoise A Acc

-6.8%

47 Schroder GAIA Egerton Equity A Dis GBP

-7.0%

48 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged

-7.2%

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 -2.8% 4.0% -1.5% -3.3% -1.8%
2013 13.7% 1.6% 5.8% 2.8% 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 35.6% 8.9% 14.9% 8.6% -0.2%
2008 19.7% 6.5% 11.5% 0.3% 0.5%
2007 11.8% 1.7% 9.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland
  2. United Kingdom

Fund Info

  • Launch date31/08/2007
  • Share Class size08Mn
  • Base currencyGBP
  • ISIN IE00B240WY77

Purchase Info

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

Charges

  • Annual management1.0%
  • Initial investment0

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