MoneyAM Fund Centre

Quick Stats

Fund Objective

The investment objective of the Fund is to achieve capital growth and income over the long term (5 + years). The Fund seeks to achieve its investment objective by investing at least 80% in equities listed on UK markets (including the London Stock Exchange, AIM and the ICAP Securities and Derivatives Exchange (ISDX)). The Investment Manager will be seeking to invest in equities which it considers to have a unique outlook and opportunity for growth. The Investment Manager will be looking for the Fund to invest in companies which have clearly identifiable characteristics to protect them against the entry of competitors (which are expected to enable such companies to produce an above average return on equity). The unique characteristics sought include: ? having intangible assets e.g. brands, patents or regulatory licences; ? having cost advantages stemming from process, location, scale or access to a unique asset; ? being the leading network in a business segment; and/or ? there being high switching costs which generate high customer retention rates. Such businesses are highly likely to be the only UK listed company in their industry or one of very few and possessing a distinctive corporate strategy and so are considered 'unique opportunities'. The Fund may also invest in other equities, fixed income, money market instruments, deposits, warrants, cash and near cash. The Fund will aim to hold a portfolio of between 25-40 investments. The Fund will be actively managed. Save as noted above (with a focus on UK listed investments), the Fund will not have any particular, industry or economic sector focus and as such weightings in these may vary as required.

Fund Managers

Rosemary Banyard

Rosemary Banyard began her career with James Capel & Co where she was a senior investment analyst for 12 years before becoming a fund manager at AIB Govett. She rose to prominence and developed a reputation as one of the leading female fund managers in the UK after she joined Schroders in 1997. Rosemary spent nearly 20 years at Schroders, managing its UK Smaller Companies fund alongside Andy Brough, and was for many years lead manager of the award-winning Schroder Mid Cap Fund Plc as well as heading up several other segregated UK equity mandates, managing total assets of circa £1 billion. In 2016 she joined Sanford DeLand to launch and manage the CFP SDL Free Spirit Fund. The Schroder UK Mid Cap trust returned 17%2 p.a. while she was manager and in her two and a half years (until the end of June 2019) managing money at Sanford DeLand the CFP SDL Free Spirit Fund returned 31%3, placing it in the top decile of the IA UK All Companies sector. She joined Downing in March 2020 to launch the VT Downing Unique Opportunities Fund.