Cofunds expands 130/30 range with Cartesian fund

Cofunds, the independent financial planning platform, has expanded its short extension range with a 130/30 fund from Edinburgh-based UK equities specialist boutique Cartesian Capital.

The Cartesian UK Equity 130/30 Fund, which has produced top-decile performance since it launched on 8 November 2007, will be available on platform from 2 February. The fund, managed by Jeremy Hall, is ranked 9th out of 455 in the Lipper Global Equity UK sector and has outperformed the FTSE All-Share Total Return Index by 15.2% since launch to 31 December 2008†. The fund builds on Cartesian's extensive long and short stockpicking pedigree.

Russell Lancaster, Cofunds Director of Fund Manager Relations says: "Extending the breadth of our already impressive range of funds on platform with the addition of the 130/30 fund from Cartesian is one of many steps we are taking to ensure advisers have access to all the top fund managers and fund types."

Hall says: "Through our proven investment process and long-term, pragmatic approach we believe we can offer investors strong performance in all market conditions. Cofunds' size and reach affords us a great opportunity to get in front of a whole new tranche of advisers and we believe the 130/30 fund will appeal to those seeking superior, long-term returns."