Premier Multi-Asset Growth & Income Fund Class C Income Shares

Mixed Asset 61-100% Equity

Rated Fund 2017-2018. A higher risk, potentially higher reward fund

The fund was highly commended in the Best Higher Risk Mixed Asset Fund category of Money Observer's 2017 awards. The highest risk of a six-strong range of multi-asset, multi-manager funds offered by Premier Asset Management, the Global Growth fund is aimed at adventurous investors.Manager David Hambidge and his team seek to provide long-term capital growth by investing principally in company shares in both developed and emerging markets. At least three quarters of the fund's assets must be in equities. The portfolio can also include bonds, property and other alternative assets such as commodities.By including these other assets, the managers aim to deliver equity-like returns over the long term, but with less volatility than global equity markets. They point out that another key way in which the portfolio is diversified is through the blend of external funds it invests in, including the different approaches and styles of the underlying fund managers.Although the fund has been more volatile than its sector peers in recent years, the managers say that this should come as no surprise and is likely to remain the case, because the fund has an out-and-out growth remit. By contrast, the flexible investment sector in which it sits is a mixed bag that contains defensive funds as well as some growth-orientated portfolios. Investing in the fund costs 1.81 per cent, but it has produced some of the best long-term returns.At the end of 2017, the portfolio was invested in 46 funds. Its highest geographical exposures were to UK, Japanese and Asian equities, each commanding roughly 15 per cent of assets. It had just 1 per cent in cash.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Premier Multi-Asset Growth & Income Fund Class C Income Shares
Manager
Premier Portfolio Managers Limited
Type
Open Ended Investment Company
ISIN
GB00B78H4K93
Sector
Mixed Investment 40-85% Shares
Launched
05/11/2012
OCF
1.6 %
Risk Rating
2
3 Year Sharpe
1.38
3 Year Alpha
2.05
Yield
2.3 %
Benchmark
IA Mixed Invest 40 - 85% Shares
The Fund aims to grow the value of an original investment over the long term and provide investors an income. The investment policy of the Fund is to invest in units in collective investment schemes, the Fund may also invest in equities, fixed interest securities, money market instruments, deposits and warrants. The Fund may invest in unregulated collective investment schemes such as hedge funds (where investment in such funds would be consistent with the investment objective and policy of the Fund).
Holding %
CC Japan Income & Growth Founder £ Unhdg 4.60 %
Man GLG Undervalued Assets Profl Inc D 4.41 %
Polar Cptl Eurp Ex UK Inc S GBP Hdg Inc 4.04 %
Montanaro UK Income STG Unhedged 3.97 %
Schroder Income Fd Z Inc 3.81 %
ML Angel Oak Mltstrgy Inc F GBPInc 3.67 %
Polar Cap Fd 3.65 %
Polar Capital Global Ins E GBP Inc 3.58 %
TB Evenlode Income C Inc 3.32 %
Magna Emerging Markets Div B GBP Inc 3.05 %
Region %
United Kingdom 30.09 %
Japan 17.49 %
Eurozone 13.91 %
United States 10.41 %
Asia - Emerging 9.16 %
Asia - Developed 6.57 %
Europe - ex Euro 5.44 %
Sector %
Financial Services 23.59 %
Industrials 15.95 %
Consumer Cyclical 12.82 %
Technology 10.43 %
Consumer Defensive 7.42 %
Basic materials 6.80 %
Utilities 5.93 %
Healthcare 5.17 %
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.

Ian Rees
Joined 07/01/2012

Ian has been with Premier since 2000 and joined the Pooled Funds team in April 2005. Ian was formerly the Senior Research Analyst for Closed End funds and has worked on Global Equity and Utility & Infrastructure.

Data provided by Morningstar.

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