Successful first year for Royal London UK Strategic Growth Trust

The Royal London UK Strategic Growth Trust has had a very successful first year since it launched on 1st June 2006, delivering a one year return of 34.0% compared to an IMA UK All Sector return of 22.2%, with a 6th percentile ranking.

Managed by Leigh Himsworth, the fund invests mainly in FTSE Mid 250 stocks but has the capacity to invest up to 40% in large cap and small cap assets as well as cash. This flexible investment approach, together with Leigh’s strong stock picking skills, have been key factors in the fund’s strong performance over the past 12 months.

Head of Sales, Stan Bland commented: “Leigh has done a great job of managing the fund over the past year. He joined RLAM as a proven mid cap fund manager and we’re delighted that he has continued to build his impressive track record with the UK Strategic Growth Trust. We continue to see strong interest in this fund from a range of Wholesale clients. ”

Leigh Himsworth himself added: “I have been pleased with how the fund has performed over the last 12 months. I have been able to find significant opportunities to add value in both the core mid cap focus of the fund as well as the larger and smaller ends of the market cap range. I will continue to use the asset allocation parameters of the fund and my clear stock picking process to seek performance over the coming months.”