Majedie Tortoise A Acc

The Fund aims to maximise total return and to outperform the FTSE All-Share index over the long term (i.e. rolling 3 year periods) primarily through investment in a concentrated portfolio of UK equities and synthetic short positions.
The Fund will seek to achieve long term investment performance at a steady rate and produce less volatile returns as compared with a long-only fund. The Fund will invest primarily in equity securities of companies incorporated in the UK or with a substantial proportion of their business in the UK. The Fund may invest in equity securities of non-UK companies up to a maximum of 45% of the Fund's NAV.

Key stats

Management firm  Majedie Asset Management Ltd
Domicile  United Kingdom
Fund Administrator  Bank of New York Mellon (Intl) Ltd
Global Branding Name  Majedie Asset Management
Fund currency  GBP
Net Assets Date  2014-07-31
Net Assets  £31,789,533
Launch Date  2012-02-24
ISIN  GB00B6Q8SG18
SEDOL  B6Q8SG1
Manager 1 Name  Matthew Smith
Manager 2 Name  Tom Morris
Fund Strategy  Alt - Long/Short Equity - UK
Benchmark  FTSE AllSh TR GBP
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  -1.00%
Return - 2 Months  -3.65 %
Return - 3 Months  -3.23%
Return - 6 Months  -4.88 %
Return - 9 months  -3.07 %
Return - 12 Months  3.21%
Annualized return 24 months  11.10 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  7.65%
Return YTD  -1.80%

Charges

Initial  0.00 %
Minimum Investment  £10,000,000
Maximum Managment Charge  2.50 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  25 Old Broad Street
Contact city  London
Contact country  United Kingdom
Fund Admin Group  Majedie Asset Management Ltd
Web Address  www.majedie.com
Email contact  majedie@majedie.co.uk
Custodian  BNY Mellon Trust and Depositary (UK) Ltd
Phone  020 7626 1243

Price

Last Price Date  2014-09-15
Pre-tax nav  2.10
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  £-0.01
Price change (percentage)  -0.59 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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