Majedie Tortoise B Acc (FUND:B79FF32) - Overview

Fund Report

Majedie Tortoise Class B

Key Stats
Morningstar® CategoryAlt - Long/Short Equity - Global
Manager Name-
Inception Date24/02/2012
NAV 06/12/2016GBX 272.89
Day Change0.04%
12 Month Yield0.00%
ISINGB00B79FF323
SEDOLB79FF32
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/201619.98 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment10,000,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time17:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.07%
AMC0.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund7.6119.052.19-6.8726.12
  • Fund: Majedie Tortoise Class B
  • Category: Alt - Long/Short Equity - Global
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 06/12/2016
Fund
YTD27.05
3 Years Annualised6.32
5 Years Annualised9.23
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to achieve positive absolute returns in all market conditions over rolling three-year periods with less volatility than a conventional long-only equity fund. An absolute return over rolling three year periods or any other time period is not guaranteed and the Fund may experience periods of negative return. The capital of investors is at risk and there is no guarantee of a return of capital originally invested. The Fund will primarily seek to achieve its objective by investment in a concentrated portfolio of long positions in equities and using derivatives to take synthetic short positions. The Fund will invest primarily in equity securities listed on eligible markets located in EEA Member States, Australia, Canada, Hong Kong, Japan, New Zealand, Switzerland or the United States of America. However, it may invest in the equity securities of companies incorporated anywhere in the world.

Portfolio Profile31/08/2016

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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