Focusing on nothing but the best

IFAs, Fund of Fund managers and other investors who a year ago placed their trust in Rensburg’s UK Managers’ Focus Trust have been rewarded with fine performance over the period. The fund has returned 17.94% compared to the average for the IMA UK All Companies sector of 11.13% - Source: Morningstar 3rd September 2007. It is ranked 28th out of 289 funds in the sector.

Aidan Kearney, portfolio manager at Credit Suisse said: 'This fund has lived up to all its promise, successfully harnessing the skill set of one of the industry's very best UK fund management teams. It allows the competitive spirit of each of the managers to shine through, combining the best of their stock selections in a single portfolio.

We know this team of old and decided to invest from the outset. Rensburg's consistent outperformance has given it a distinctive edge on its peers for a long time.'

He continued: 'Recent stock market volatility is not the norm and no manager can be expected to control the short term impact of such turbulence on their portfolios. What really counts is how they emerge on the other side. These are highly capable long term investors whose competence has been proven time and time again.'

The UK Managers’ Focus Trust brings together the talents of Rensburg Fund Management’s award-winning UK equity fund managers: Colin Morton, Mark Hall, Paul Spencer and Stuart Sharp. Each manager is allocated 25% of the new money coming into the fund to invest in their respective sectors. The fund contains a maximum of 50 stocks reflecting the entire UK market. This translates into: a maximum of 10 blue chips, 10 mid caps, 20 smaller companies and 10 from any part of the market.

Colin Morton, Investment Director said: ‘Many of our regular investors find the portfolio’s ‘concentration’ particularly appealing. They see it as a genuine opportunity to back our stock picking skills – and as stock selectors, the indiscriminate sell-off in the last month or so has provided real scope to home in on good value. With 12% of the fund in cash we’re well placed to take advantage of the situation.’

The fund objective is to achieve a total return in excess of that of the FTSE All Share Index, although it is not benchmark constrained; also no stock or sector restrictions are applied. Asset allocation occurs at the individual portfolio level.