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Majedie Tortoise A Acc

Ranked 59 out of 80 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 over rolling three-year periods with less volatility than a conventional long-only equity fund. It may invest in a concentrated portfolio of equity securities, comprising a maximum of 40 long and 40 short positions. This will be predominantly in companies incorporated in the UK or with a substantial proportion of their business in the UK, but it may also invest in non-UK companies up to a maximum of 45%.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/03/2015 - 31/03/2016
  • Rank 59/80 Total Return
  • Rank 55/80 Standard Deviation
  • Rank 69/80 Max Drawdown
Fund Name Currency Return
57 LM MC Euro Abs Alpha M (PF) GBP Dis (A) (H)

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.6%

58 Schroder GAIA Sirios US Equity GBP Hdg C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.9%

59 Majedie Tortoise A Acc GBP

-4.2%

60 MLIS Gotham US Equity Long/Short UCITS GBP X Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.1%

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

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.3%

Fund Name Currency Risk
53 LM MC Japan Abs Alpha M (PF) GBP Dis (A) (H)

Currency exposure is hedged

Currency exposure is hedged

GBP

9.3

54 SWMC Small Cap European B GBP GBP

9.6

55 Majedie Tortoise A Acc GBP

9.7

56 Majedie Asset Management Tortoise A Acc GBP

9.9

57 FP Argonaut Absolute Return GBP A Acc GBP

10.4

Fund Name Currency Loss
67 Majedie Asset Management Tortoise A Acc GBP

-11.7%

68 Jupiter International Financials Acc GBP

-11.8%

69 Majedie Tortoise A Acc GBP

-12.1%

70 Odey Orion GBP I Inc GBP

-12.2%

71 MLIS Gotham US Equity Long/Short UCITS GBP X Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-12.9%

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 8.0%
2015 -9.2% 2.4% -4.0% -4.1% -3.7%
2014 -0.3% 3.7% -1.8% -3.8% 1.6%
2013 16.1% 1.5% 5.3% 5.7% 2.8%
2012 -3.2% 1.6% 7.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2015

Top 10 Holdings

Stock Size
EUR Cash 38.42
United Kingdom 0.000% 08-Feb-2016 26.69
United Kingdom 0.000% 22-Feb-2016 26.69
GBP Cash 21.56
Koninklijke KPN NV ORD 11.27
Telecom Italia SpA ORD 10.22
Orange SA ORD 10.01
Vodafone Group PLC ORD 8.88
Tesco PLC ORD 8.73
BP PLC ORD 8.62
31/12/2015

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date24/02/2012
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN GB00B6Q8SG18

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment100,000

Charges

  • Annual management2.50%
  • 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).