SVS Church House Tenax Absolute Return Strategies C Acc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 0.80 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 0.80 |
| Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
| Fund Size | 505,000,000.00 | Launch Date | 22/11/2007 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BNBNRF27 | Min Topup (£) | 1,000,000.00 | Ongoing Charge (%) | 0.9900 (on 30/10/2020) |
The Tenax Fund has an absolute return objective, aiming to achieve positive returns over rolling twelvemonth periods at low levels of volatility. The Fund is actively managed and takes diverse exposure to a broad range of asset classes including fixed interest securities, equities, money market instruments, cash deposits, and may include collective investment schemes. There is no fixed asset allocation for any asset class, the mix is maintained in a way that the Managers consider to be consistent with the objective. Capital preservation is key, as such, Tenax may, from time to time, hold high proportions in cash and other lower-risk assets.
James Mahon
James is the Chief Executive and Chief Investment Officer of Church House. He was instrumental in the establishment of Church House Investment Management in 1999 and brings many years of experience to his role. He became a member of the London Stock Exchange in 1980 and has held a number of senior posts including being a partner in stockbrokers Galloway & Pearson, a director of Hoare Govett and Managing Director of Archdale Securities. Working with the Investment Committee he is responsible for the overall asset allocation strategy for all client portfolios.
Jeremy Wharton
Jeremy Wharton - Joint Chief Investment Officer, He had a 14 year career in the City during which he worked in the Gilt market and co-founded an independent Gilt broker. He then spent 5 years as a professional investor in derivatives, trading a global macro derivatives book. He is a Chartered Fellow of the Chartered Institute for Securities & Investment and holds Financial Express Alpha Manager status. Jerry has managed our Investment Grade Fixed Interest Fund since 2004 and has co-managed Tenax with James Mahon since inception of the fund in 2007.
| Name | Weight |
|---|---|
| Convertibles | 7.00% |
| Global Fixed Interest | 36.00% |
| Global Index Linked | 1.00% |
| Hedge | 0.00% |
| International Equities | 3.00% |
| Money Market | 1.00% |
| Others | 5.00% |
| Property | 2.00% |
| UK Equities | 6.00% |
| Name | Weight |
|---|---|
| CPPIB CAPITAL INC 1.125% NTS 1 | 2.00% |
| EIB FRN SONIA 03/2026 | 2.00% |
| NATIONWIDE FRN SONIA 08/2022 | 2.00% |
| SANTANDER FLOAT SONIA 09/2021 | 2.00% |
| TORONTO DOMINION CVD FRN SONIA | 2.00% |
| YORKSHIRE B/S SONIA 11/2023 | 2.00% |
| ADB FRN SONIA 10/2023 | 1.00% |
| EIB FRN SONIA 06/2023 | 1.00% |
| LLOYDS BANK COVERED FRN 02/202 | 1.00% |
| RBC FRN SONIA10/2024 | 1.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.