Factsheet: Premier Multi Asset Global Gr C Inc

Mixed Asset 61-100% Equity

Rated Fund 2015-2018. Targets growth and a modest yield

Premier has made multi-asset funds one of its key specialities. This fund is one of a six-strong range that uses a multi-manager as well as a multi-asset approach. The funds are all run by David Hambidge and his team. The name of this fund was previously Premier Multi Asset Income & Growth but it was changed to its present title to underline the fact that while it does aim to provide a moderate, yet growing, income stream, its emphasis is on providing the potential for long-term capital growth. Its yield is a modest 2 per cent and its ongoing charges are 1.6 per cent.Hambidge's investment process starts with a top-down look at the world in order to assess macroeconomic conditions. The team will then set the fund's target positions and consider asset valuations and the best funds to meet their requirements. Investment trusts as well as open-ended investment funds are both used to good effect in the portfolio. The managers typically meet around 350 fund managers each year, which Hambidge believes is vital in choosing the right spread of funds and adding value. They look for investment managers who can demonstrate long-term outperformance using a well-defined and repeatable investment process.One of their main methods of adding value is by adopting a contrarian approach, taking profits from investments that have done well and reallocating the proceeds to areas that have been underperforming but have better prospects ahead. However, new funds also need to blend with existing holdings. The fund currently contains around 50 external funds.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Premier Multi Asset Global Gr C Inc
Manager
Premier Portfolio Managers Limited
Type
Open Ended Investment Company
ISIN
GB00B7ZTRZ49
Sector
Flexible Investment
Launched
05/11/2012
OCF
1.81 %
Risk Rating
3
3 Year Sharpe
1.06
Yield
0.6 %
Benchmark
IA Flexible Investments
The Fund aims to provide long term capital appreciation. The Fund will achieve this principally through investment in collective investment schemes (both regulated and unregulated structures) and structured products and other assets which, in the Investment Adviser's opinion have a high potential for capital and/or income growth. The Fund may therefore invest in exchange traded funds, transferable securities (such as bonds and shares, both quoted and unquoted), and closed end investment companies. The Fund may also invest in money market instruments, deposits, warrants, cash and near cash, and may borrow and may enter into stocklending and underwriting arrangements.
Holding %
Polar Capital Global Insurance E GBP Inc 4.15 %
TB Evenlode Income C Inc 3.65 %
Hermes Asia Ex Japan Equity F GBP Acc 3.61 %
Eastspring Inv Japan Smaller Coms CG 3.59 %
Man GLG Undervalued Assets Profl Inc D 3.58 %
Man GLG Jpn CoreAlpha Eq I H GBP 3.55 %
CC Japan Income & Growth Founder £ Unhdg 3.43 %
Schroder ISF Asian Ttl Ret C Dis GBP 3.34 %
Lindsell Train Japanese Eq B Yen Inc 3.18 %
Stewart Investors Latin Amer B Acc GBP 3.08 %
Region %
Japan 18.99 %
United Kingdom 16.37 %
United States 14.73 %
Asia - Emerging 12.47 %
Eurozone 11.70 %
Asia - Developed 9.85 %
Latin America 5.40 %
Sector %
Financial Services 20.82 %
Industrials 15.20 %
Technology 13.62 %
Consumer Cyclical 13.22 %
Consumer Defensive 9.33 %
Basic materials 7.05 %
Healthcare 6.17 %
Name
Premier Portfolio Managers Limited
Address
GU1 3DE, Guildford, United Kingdom
UCITS
No
Legal Structure
Open Ended Investment Company

Managers

David Thornton
Joined 10/01/2012

David Thornton, joined Premier in May 2006 and currently co-manages a number of discretionary Multi-Asset portfolios. He has research responsibility for the Fixed Interest, European equity, Property and Absolute Return sectors. Previously. David worked for several years as an Investment Analyst before becoming an Investment Manager in 2004, with responsibility for five discretionary multi-manager portfolios. He has a BEng (Hons) in Mechanical Engineering from the University of Bristol, holds the IMC and has completed the Certificate in Financial Planning.

Simon Evan-Cook
Joined 07/01/2012

Senior Investment Manager, Premier Multi-Asset Funds. Simon is co-manager on Premier’s Multi-Asset funds, and researches overseas equity fund sectors. Prior to joining Premier in 2006, Simon held positions at Rothschild, Gartmore and Fidelity. He graduated from Hull University in 1996 with a BSc Honours in Economics and Accounting.

David Hambidge
Joined 07/01/2012

David Hambidge is Director and is part of the fund management team for Premier’s multi-asset fund range. He joined Premier in 1987. David has managed multi-asset style funds since 1995. David leads the multi-asset investment team which includes Head of Research Ian Rees who joined in 2000, Investment Managers David Thornton and Simon Evan-Cook who joined in 2006, and Nick Kelsall since 2001. Mark Rimmer joined as the team’s investment specialist in 2015.

David Hambidge
Joined 07/01/2012

David Hambidge is Director and is part of the fund management team for Premier’s multi-asset fund range. He joined Premier in 1987. David has managed multi-asset style funds since 1995. David leads the multi-asset investment team which includes Head of Research Ian Rees who joined in 2000, Investment Managers David Thornton and Simon Evan-Cook who joined in 2006, and Nick Kelsall since 2001. Mark Rimmer joined as the team’s investment specialist in 2015.

Data provided by Morningstar.

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