Merian UK Dynamic Equity Fund R GBP Inc

UK Growth

Rated Fund 2016-2018. Can offer some protection against a market correction

Old Mutual UK Dynamic Equity was highly commended in the Larger UK Growth Fund category of Money Observer's fund awards in both 2016 and 2017.

Managed by Luke Kerr since 2009, it targets capital growth through investment in small and medium-sized UK companies. Kerr looks for strong, fast-growing companies whose shares he expects to rise in price, but he can also 'short' stocks he believes are going down in price. This gives the fund an advantage in volatile market conditions.

Kerr says the difference between his fund and traditional funds is that while others are typically 90-100 per cent invested in shares, he can have as little as 60 per cent invested, with the remainder in cash.

He can then use up to 30 per cent of the fund to take short positions in stocks that he thinks will fall in price and thereby provide him with a positive return. This means that the fund can be anywhere between 30 and 100 per cent exposed to equities.

So if he believes the market will go up, the fund will behave much like a traditional fund and have little or nothing in short positions; if he believes it will go down, he can materially reduce the fund's downside in a significant market correction.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Merian UK Dynamic Equity Fund R GBP Inc
Manager
Merian Global Investors (UK) Limited
Type
Open Ended Investment Company
ISIN
IE00BLP59769
Sector
UK All Companies
Launched
30/06/2009
OCF
1.07 %
Risk Rating
5
3 Year Sharpe
1.19
3 Year Alpha
7.78
Yield
0 %
Benchmark
FTSE 250 Ex Investment Trust TR GBP
The investment objective of Merian UK Dynamic Equity Fund is to achieve capital appreciation by taking long and short positions principally in UK equities outside the FTSE 100 Index.
Holding %
boohoo.com PLC 6.20 %
Ascential PLC 4.11 %
Homeserve PLC 4.00 %
Melrose Industries PLC 3.77 %
GVC Holdings PLC 3.67 %
Fevertree Drinks PLC 3.65 %
Smart Metering Systems PLC 3.58 %
Micro Focus International PLC 3.34 %
SSP Group PLC 3.05 %
Blue Prism Group PLC 2.77 %
Region %
United Kingdom 97.51 %
Sector %
Consumer Cyclical 28.73 %
Industrials 20.42 %
Financial Services 17.58 %
Technology 11.07 %
Healthcare 8.84 %
Real Estate 5.75 %
Name
Merian Global Investors (UK) Limited
Address
EC4V 4AD, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Luke Kerr
Joined 06/30/2009

Data provided by Morningstar.

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