Tutman LLP TM Cavendish International B Inc NAV

IMA Sector:

Flexible Investment

ISIN:

GB0032211095

Fund Type:

OEIC

528.10p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 30-Oct-2024
  • Change: 3.10p
  • Change %: 0.59%
  • Currency: GBP
  • YTD change: 9.70p
  • YTD %: 1.87%

Fund Objective

The Worldwide fund aims to achieve long term capital growth.

View on Past Performance

During difficult stock-market conditions,the price of shares in the Cavendish Worlwide Fund fell by almost 3% in March.The Fund has outperformed within its IMA peer group in March and over the calendar year to date,even though the price of shares has fallen by about 8.5% during the first quarter of the year.

Future Expectations

Looking forward,we feel reassured as the UK stock market is trading near to its lows in term of earnings valuations.There appears to be signs that active investors are returning to the stock market.Sentiment would be helped by an increase in takeover activity and by further declines in interest rates.In our view,equity markets are undervalued in relation to other direct assets classes.We see little to choose between the major economic blocs in term of relative attractiveness,and we will continue to mantain a well-divesified portfolio of holdings going forward.

Fund Details

Latest Price 528.10p IMA Sector Flexible Investment
Currency British Pound Launch Date 06/07/1994
Fund Size n/a Fund Manager
ISIN GB0032211095 Dividend 4.06p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 30-Oct-2024
NAV 528.10p
Currency GBP
Change 3.10p
% 0.59%
YTD change 9.70p
YTD % 1.87%

Fund Facts

Fund Inception 06/07/1994
Fund Manager n/a
TER 0.88 (15-Nov-2011)

Fund Reports

Minimum Investment
Initial £2500
Additional £5,000
Savings n/a
Charges
Initial 5.00%
Annual Mang't 0.75%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio 0.07

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