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Melchior Selected Trust European Absolute Ret C

Ranked 19 out of 66 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

Leonard Charlton

Leonard Charlton joined Dalton Strategic Partnership in 2006 where he has run the Melchior Selected Trust European Absolute Return Fund since February 2010. His strategy on the fund involves a combination of fundamental stock selection with an active trading overlay in both the long and the short portfolio. Leonard runs institutional mandates and invests in his own strategies. He is based in London and studied management science at the University of Manchester Institute of Science and Technology (UMIST).

Objective

The investment objective of the European Absolute Return Fund is to achieve longer term capital growth, without undue risk through diversified investment in equities of companies which are listed on a stock exchange in the European region or of companies that have their registered office, or carry out a predominant portion of their economic activity in the European region. It is is designed to achieve absolute returns irrespective of market conditions.

Performance

Long/Short Equity over : 31/10/2013 - 31/10/2014
  • Rank 19/66 Total Return
  • Rank 13/66 Standard Deviation
  • Rank 13/66 Max Drawdown
Fund Name Return
17 JPM US Select Long-Short Equity A Dis GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

8.2%

18 BlackRock UK Absolute Alpha A Acc

7.5%

19 Melchior Selected Trust European Absolute Ret C

7.0%

20 GAM Star Global Quality GBP Acc

6.9%

21 Schroder GAIA Sirios US Equity GBP Hdg C Acc

Currency exposure is hedged

Currency exposure is hedged

6.8%

Fund Name Loss
11 Threadneedle (Lux)-American Absolute Alpha IGH

Currency exposure is hedged

Currency exposure is hedged

-1.8%

12 AllianceBernstein-European Flexible Eq Pf A GBP H

Currency exposure is hedged

Currency exposure is hedged

-1.8%

13 Melchior Selected Trust European Absolute Ret C

-1.8%

14 BNY Mellon Absolute Return Equity R GBP Acc

-2.3%

15 Smith & Williamson Enterprise A

-2.5%

15 St James's Place UK Absolute Return Acc

-2.5%

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 5.3% 2.4% -0.2% 2.4% 0.7%
2013 -3.6% 0.3% -3.1% -1.8% 1.0%
2012 -5.2% -2.9% -0.8% 0.9% -2.4%
2011 5.7% -0.4% 2.6% 2.4% 1.1%
2010 10.8% 0.7% 0.9% 4.1% 4.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Luxembourg
  3. Spain
  4. United Kingdom

Fund Info

  • Launch date26/02/2010
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN LU0476438998

Purchase Info

  • Min. initial investment10,000
  • Min. additional investment0

Charges

  • Annual management2.0%

Related News

Dalton launches enhanced European equity long/short equity fund

The boutique has soft-launched a leveraged version of its flagship European equity long/short fund managed by Leonard Charlton.

Dalton hard-closes $600m European Absolute Return fund

Dalton Strategic Partnership has hard-closed its Melchior Selected Trust European Absolute Return fund managed by Leonard Charlton, after hitting $600 million in assets.

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