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Montanaro UK Income Sterling Seed GBP

Ranked 5 out of 110 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Charles Montanaro

Charles Montanaro was born in 1955 in Kent, United Kingdom. He graduated from Durham University in 1976 with an Honours degree in Anthropology. In 1980, Charles joined Merrill Lynch as a private client broker in London and went on to become senior vice president for Dean Witter Reynolds (1984) and Drexel Burnham Lambert (1987). In 1990, he joined MMG Patricof (now Apax Partners) as a director of investment banking. Charles founded Montanaro in August 1991, and is currently the chief executive and lead manager from launch of the Montanaro European Smaller Companies fund. His investment style focuses on value by investing in growth companies. Charles enjoys soccer, tennis, chess, cinema, music and walking when he is not working.

Objective

Income by investing in quoted European (primarily UK) Small and MidCap companies and to outperform its Benchmark, the Investment Management Association (IMA) UK Equity Income (Total Return) Index. In addition the Fund Aims to achieve a historic yield on the distributable income in excess of 110% of the FTSE All Share yield over a 3 year period.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 31/03/2015 - 31/03/2016
  • Rank 5/110 Total Return
  • Rank 22/110 Standard Deviation
  • Rank 12/110 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 -4.2%
2015 20.1% 8.4% 3.4% 0.1% 7.1%
2014 2.8% 3.4% -3.4% -2.5% 5.6%
2013 33.3% 14.0% -1.3% 11.4% 6.2%
2012 23.4% 14.3% -2.2% 5.8% 4.4%
2011 -14.3% 3.2% 0.0% -20.0% 3.9%
2010 35.2% 9.5% -5.0% 15.4% 12.6%
2009 49.5% -0.3% 12.2% 29.9% 3.0%
2008 -32.6% -4.5% -6.8% -12.4% -13.5%
2007 0.2% -6.3% -4.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

29/02/2016

Top 10 Holdings

Stock Size
Taylor Wimpey PLC ORD 4.66
Berkeley Group Holdings PLC ORD 4.38
Jupiter Fund Management PLC ORD 4.16
Wilmington PLC ORD 3.97
Big Yellow Group PLC 3.95
Berendsen PLC ORD 3.58
Cineworld Group PLC ORD 3.44
Galliford Try PLC ORD 3.40
Cranswick PLC ORD 3.37
Hiscox Ltd ORD 3.37
29/02/2016

Registered For Sale In

  1. France
  2. Ireland
  3. United Kingdom

Fund Info

  • Launch date02/01/2007
  • Share Class size157Mn
  • Base currencyGBP
  • ISIN IE00B1FZRT49

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management0.25%

Related News

Charles Montanaro: an anthropologist in the London jungle

Charles Montanaro's anthropological adventures started more than 10 years ago exploring the Amazon in Brazil. How have they helped him reach the top of his profession.

Charles Montanaro: why I don't invest in 'lobster pot' AIM

Montanaro refuses to be seduce by arguments that AIM is a stockpickers' paradise at the market celebrates its 20-year anniversary.

Montanaro cuts trust fees & gives Oeic UK equity income makeover

Montanaro has reduced the charges on its European Smaller Companies trust, and also repositioned its open-ended Equity Income fund to focus on the UK.

Chelverton plans European income trust for ex-Montanaro fund head

Chelverton Asset Management is planning to launch a European equity income trust for new recruit Ralph Singleton, who departed Montanaro Asset Management earlier this year, Wealth Manager understands.

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