Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Rathbone Recovery

Ranked 241 out of 260 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Julian Chillingworth

Julian Chillingworth took a diploma in Chemistry from Southampton University before acquiring investment experience at a number of firms including GAM and Investec Asset Management. He joined Rathbone Unit Trust Management Ltd in 2001 and was promoted to chief investment officer in 2002. He currently runs the Rathbone Recovery and Rathbone Blue Chip Income and Growth funds. Chillingworth counts gardening and walking among his hobbies.

Alexandra Jackson

Jo Rands

Objective

The objective is to achieve capital growth by buying shares in companies whose recovery potential is not appreciated by the market and to sell them when this potential is recognised. The nature of unrecognised recovery potential may be based on macro economic, industry, sector specific or stock specific issues. Stock selection will involve the identification of a catalyst capable of triggering and sustaining a recovery in each specific stock selection. The fund has the flexibility to invest in companies of all sizes and to hold up to 20% in European shares; it will be benchmarked against the FTSE All-Share Index.

Performance

UK (All Companies) over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -0.2% -2.2% -3.3%
2013 36.2% 11.2% -0.8% 10.9% 11.3%
2012 14.7% 11.1% -4.8% 8.3% 0.2%
2011 -6.5% -0.7% 4.1% -14.4% 5.7%
2010 27.5% 4.1% -5.5% 15.2% 12.5%
2009 -2.1% 18.5% 1.3%
2008 -41.5% -8.2% -1.6% -17.4% -21.6%
2007 -2.8% 8.6% 3.8% -4.6% -9.5%
2006 24.3% 12.2% -5.1% 5.3% 10.9%
2005 18.7% 8.4% -0.4% 8.4% 1.5%
2004 27.8% 11.9% -0.2% 4.3% 9.7%
2003 48.3% -7.9% 26.2% 16.9% 9.1%
2002 -33.0% 0.6% -11.1% -26.2% 1.4%
2001 -20.9% -9.7% 0.0% -23.0% 13.7%
2000 11.1% 18.6% -6.9% 7.0% -6.0%
1999 96.4% 20.1% 12.8% 5.5% 37.5%
1998 1.9% 19.2% 4.0% -18.8% 1.3%
1997 15.3% 8.9% -2.6% 6.0% 2.6%
1996 32.0% 14.5% 7.8% 3.4% 3.4%
1995 11.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2014

Top 10 Holdings

Stock Size
BG Group PLC ORD 3.14
Aberdeen Asset Management PLC ORD 3.07
Rio Tinto PLC ORD 3.01
Booker Group PLC ORD 2.92
BHP Billiton PLC ORD 2.86
Hansteen Holdings PLC 2.79
WPP PLC ORD 2.72
Senior PLC ORD 2.68
Renew Holdings PLC ORD 2.53
Advanced Medical Solutions Group PLC ORD 2.43
31/10/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date07/09/1993
  • Share Class size11Mn
  • Base currencyGBP
  • ISIN GB0005062293

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment100

Charges

  • Annual management1.5%

Related News

Rathbones hires two as Bond steps back from Recovery fund

Marina Bond is stepping back as co-manager of the Rathbone Recovery fund, with two new hires set to take on the mantle.

Is St James’s Place bridging the advice gap?

Can a new found role for St James’s Place spark further growth for the wealth manager?

Income: are asset managers the new banks?

Buoyed by a recovery in markets over the past 12 to 18 months, low deposit account interest rates and a need to bridge the retirement pension gap, listed fund managers have enjoyed a stellar run.

Can anything stall St James’s Place post-RDR momentum?

St James’s Place has demonstrated how robust its business is in the face of post-RDR transparency. Can anything stall its upward trajectory?

Will RDR kill the St James's Place threat?

Wealth management executives are being forced to ask whether St James’s Place represents one of the largest threats to their business as we enter 2013.

Why Rathbones’ Chillingworth is backing SJP ahead of RDR

Rathbone Recovery manager Julian Chillingworth is backing St James’s Place and Aberdeen Asset Management as two companies that stand to grow in the post-RDR world.

Julian Chillingworth: Why gilts could offer a hedge against a double dip

Rathbone's CIO discusses why gilts could prove a tactical play and shorter duration strategies should have a presence in portfolios.

Rathbones launches Recovery fund

Rathbone Unit Trust Management has officially launched the Rathbone Recovery fund, following the completion of the merger between the firm's Special Situations and Smaller Companies funds.

Rathbones to merge away Stick's Special Situations fund

Rathbone Unit Trust Management is to merge away Carl Stick's underperforming Special Situations fund in a restructure of its UK fund range.

Pension surge powers strong results from Mattioli Woods

CORRECTION: result are for six months to 30 November 2006 not the full year as previously indicated Mattioli Woods, the AIM-listed pensions consultancy that is a favourite of many venture capital trust managers, has unveiled pre-tax profit growth of 55.1%.

...more...

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