IFSL Meon Adaptive Growth Fund P GBP Inc

 

Key Facts

Benchmark IA Sector Global
Fund Manager Robert Hale
Launch Date 04.04.22
Price  
SEDOL BMQ8V64
Charges Ongoing charge 0.8193%

Objectives

The aim of the Fund is to grow the value of your investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, with the potential for income received by the Fund, which is money paid out of investments, such as dividends from shares.

Investment Policy

In normal market conditions, at least 80% of the Fund will be invested in the shares of large-cap companies listed on any UK, USA and European stock markets. The Investment Manager defines large-cap companies as those with a value over £1bn in the UK, $4bn in the USA and €2.5bn in Europe. The Fund may also invest in Exchange Traded Products (“ETPs”), such as exchange traded funds (“ETFs”), which can give exposure to company shares, bonds (which are loans typically issued by companies and governments) and/or commodities (such as precious metals). Exposure to ETPs is not expected to be a significant part of the Fund in normal market conditions, less than 20%, and they may not always be held. The Fund is actively managed, which means the Investment Manager decides which investments to buy or sell and when. The Fund’s adaptive nature allows it to react to changes in stock market conditions with the aim of achieving the growth objective. The Fund will have no minimum or maximum exposure to any geographic location. In normal market conditions, the Fund may hold up to 20% in cash to enable the ready settlement of liabilities (including redemptions), for the efficient management of the Fund and in pursuit of the Fund’s objectives. In extreme market conditions, such as a stock market crash, the Investment Manager may reduce the Fund’s investment in company shares to below 80%. When this occurs, the Fund may increase the holding in ETPs above 20% and may also have exposure to money market instruments (short term loans), money market funds, cash and near cash instruments. In the most extreme situations, the Fund may reduce exposure to company shares to 0%, although this is considered unlikely.

Performance

Meon Adaptive Growth Fund P GBP Inc

IA Global

Meon Adaptive Growth Fund P GBP Inc

IA Global

Meon Adaptive Growth Fund P GBP Inc

IA Global

Meon Adaptive Growth Fund P GBP Inc

IA Global

Meon Adaptive Growth Fund P GBP Inc

IA Global

Investment Strategy

The Investment Manager utilises computer modelling to assess numerous financial measures of the companies within the scope of the Fund’s investment policy. Companies which meet the majority of these measures, along with large and highly liquid ETPs, are then subjected to additional computer modelling to identify trends in company / ETP share prices in order to automatically identify opportunities for buying and selling. Where the computer model identifies a company or ETP for inclusion within the Fund, its initial weighting is determined by its market risk: higher risk companies are given a lower weighting whilst lower risk companies are given a higher weighting. Where the computer model identifies more companies than the Fund can accommodate, the companies are ranked based upon their financial metrics with the highest ranked companies being added to the Fund. The Investment Manager reserves the right to use their judgement to override the output of the computer model, should the Investment Manager believe there are considerations outside of the measures considered by the model, that should influence investment decisions. However, instances of this are expected to be infrequent. Where the computer model does not identify enough companies or ETPs for inclusion in the Fund, the Investment Manager will invest in cash-based products until enough companies or ETPs are identified for inclusion.

Portfolio Holdings (%)

“Capital is at risk. The value and income from investments can go down as well as up and are not guaranteed. An investor may get back significantly less than they invest. Past performance is not a reliable indicator of current or future performance and should not be the sole factor considered when selecting funds”.