MI Metropolis Value B Inc
| Shares Class | Inc. |
|---|---|
| Yield | 0.92 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 0.92 |
| Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
| Fund Size | 105,198,200.00 | Launch Date | 15/04/2011 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 25,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BF03CT66 | Min Topup (£) | 1,000.00 | Ongoing Charge (%) | 0.9400 (on 14/01/2021) |
The investment objective of the Company is to achieve long term capital growth mainly through investment in a concentrated portfolio of securities in listed companies.
Simon Denison-Smith
Simon founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the MI Metropolis Valuefund since its launch in 2011. Prior to this, Simon was a strategy consultant with Bain & Co and Kalchas before helping Jonathan Mills to set up Metropolis International in 1994. He also founded Rave Technologies, a software business that services clients across a wide range of industries. Simon sold this business to Northgate IS PLC in 2006, delivering a 32% per annum return to Rave’s principal investor. Simon graduated from Bristol University with a B.Sc. in Economics.
Jonathan Mills
Jonathan founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the MI Metropolis Valuefund since its launch in 2011. Prior to this Jonathan worked for Bain & Company as a Strategy Consultant and then for Schroders in their M & A team before setting up Metropolis International, a media and software group which was built through over 30 acquisitions of private businesses, applying a value investing approach to each transaction. Returns to seed investors in Metropolis International were 30%+ per annum under Jonathan’s tenure as CEO from 1994-2011. He graduated from Oxford University with a First Class Degree in Philosophy, Politics and Economics.
| Name | Weight |
|---|---|
| Biotechnology/Medical | 9.61% |
| Building & Construction | 0.51% |
| Electronic & Electrical Equipm | 2.36% |
| Financial Services | 8.00% |
| Hardware | 11.49% |
| Industrials | 6.39% |
| Insurance | 22.36% |
| Media | 6.13% |
| Net Current Assets | 17.98% |
| Software | 13.09% |
| Travel | 2.08% |
| Name | Weight |
|---|---|
| BERKSHIRE HATHAWAY INC | 8.72% |
| ALPHABET INC | 8.52% |
| ADMIRAL GROUP PLC | 7.11% |
| TEXAS INSTRUMENTS INC | 6.63% |
| PROGRESSIVE CORP(OHIO) | 6.20% |
| CISCO SYSTEMS INC | 4.86% |
| ALLERGAN INC | 4.85% |
| STATE STREET CORP | 4.85% |
| SANOFI | 4.76% |
| KUBOTA CORP | 4.43% |
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.