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Majedie Tortoise A Acc

Ranked 60 out of 71 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 over rolling three-year periods with less volatility than a conventional long-only equity fund.

Performance

Long/Short Equity over : 31/03/2014 - 31/03/2015
  • Rank 60/71 Total Return
  • Rank 48/71 Standard Deviation
  • Rank 60/71 Max Drawdown
Fund Name Loss
58 GLG Global Equity Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged

-7.0%

59 Odey Naver GBP I Inc

-7.2%

60 Majedie Tortoise A Acc

-7.3%

61 Ardevora UK Equity A

-7.5%

62 Schroder Absolute UK Dynamic P1 Acc

-9.0%

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 2.4%
2014 -0.3% 3.7% -1.8% -3.8% 1.6%
2013 1.5% 5.3% 2.8%
2012 -3.2% 1.6% 7.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/01/2015

Top 10 Holdings

Stock Size
GBP Cash 40.28
Tesco PLC ORD 19.12
Orange SA ORD 14.79
Vodafone Group PLC ORD 13.68
Telecom Italia SpA ORD 13.25
Koninklijke KPN NV ORD 13.02
WM Morrison Supermarkets PLC ORD 11.00
GlaxoSmithKline PLC ORD 8.78
Mediaset SpA ORD 8.77
Marks and Spencer Group PLC ORD 8.33
31/01/2015

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. additional investment100,000

Charges

  • Annual management2.5%
  • 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).