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Majedie Tortoise A Acc

Ranked 53 out of 67 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

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.

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.

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.

Performance

Long/Short Equity over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -1.9% 3.7% -1.8% -3.8%
2013 12.7% 1.5% 5.3% 2.5% 2.8%
2012 5.6% -0.1% -3.2% 1.6% 7.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2014

Top 10 Holdings

Stock Size
GBP Cash 41.14
Tesco PLC ORD 9.64
United Kingdom 0.000% 18-Aug-2014 8.13
Orange SA ORD 7.65
Vodafone Group PLC ORD 7.34
Telecom Italia SpA ORD 7.13
Koninklijke KPN NV ORD 6.79
BP PLC ORD 6.23
United Kingdom 0.000% 21-Jul-2014 5.96
Barrick Gold Corp ORD 5.86
30/06/2014

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. additional investment100,000

Charges

  • Annual management2.5%
  • Initial investment0

Related News

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Citywire A-rated manager Marcus Brookes, who runs more than £2 billion for Schroders, has warned of a likely market correction.  

Majedie Asset Management shakes-up UK equity team

The Investment boutique has reassigned roles and promoted two analysts to co-manager positions.  

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