WS Lancaster Absolute Return Inst Acc GBP
ISIN: GB00B55NGS86 | MEX: CGCOUA | CITI: FBB2
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Buy 517.09 GBX
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Sell 517.09 GBX
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Price Change -0.90830%
Past Performance
- 25th Apr 2019 to 25th Apr 2020-7.07%
- 25th Apr 2020 to 25th Apr 202168.70%
- 25th Apr 2021 to 25th Apr 2022-0.55%
- 25th Apr 2022 to 25th Apr 202318.47%
- 25th Apr 2023 to 25th Apr 2024-4.08%
Objectives and Approach
The LF Brook Absolute Return Fund (‘The Fund’) aims to a positive absolute return on a 12 month rolling basis independent of market conditions. Capital is at risk and there is no guarantee that a positive return will be delivered over any one or a number of 12 month periods. The Investment Manager seeks to achieve this objective through managing a portfolio of securities, bonds and currencies and related financial instruments.
Key Information
Inception | 11th May 2009 |
Historic Yield | 2.2000% |
Sector | IA Targeted Absolute Return |
Fund Size | £377.866mn |
Fund Type | OEIC |
Classification | Accumulation |
Charges
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
4.036% |
Initial Charge | 0% |
AMC | 0.75% |
Performance Fee | 20% |
Our Platform Charge We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
Cost Category | % of Investment | lump sum costs |
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Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
4.036% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
lump sum invested with an assumed growth rate of | 1 year | years |
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What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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Chart Options
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This fund's IA Sector (IA Targeted Absolute Return)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years 11.10% 9.55% 8.42% -4.08% 13.01% 77.17%
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
265,828 bytes PDF Document; last updated 31 Aug 2023
303,567 bytes PDF Document; last updated 07 Feb 2024
598,399 bytes PDF Document; last updated 31 Dec 2022
1,223,357 bytes PDF Document; last updated 30 Jun 2023
Management Team
Jamie Grimston James Hanbury
Jamie Grimston
has managed this fund for 13 years and 10 months.
Jamie joined Odey in June 2010 to work with James Hanbury on the Odey UK Absolute Return Fund. From 2008-2010 Jamie was global pharmaceuticals and medical devices analyst at Orbis Investment Advisory. From 2004-2008 Jamie was an analyst/deal manager at FF&P Private Equity. Jamie graduated from St. Edmund Hall, Oxford, where he read Biochemistry and has also completed the Chartered Financial Analyst Program.
Manager Cumulative Performance v Peer Group
All funds managed by Jamie
Name of Security | Sole/Co | Managed Since |
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WS Lancaster Absol Ret | Co | Jun 2010 |
WS Lancaster Absol Ret | Co | Jun 2010 |
James Hanbury
has managed this fund for 14 years and 11 months.
James joined Odey in October 2008. From 2006-08 James was a partner and fund manager at ZA Capital, an equity hedge fund founded by a Schroder colleague Zafar Ahmadullah. From 2003-06 James was an equity analyst at Schroders covering the retail and leisure sectors. James graduated from Edinburgh University in 2003 and has also completed the Chartered Financial Analyst Program.
Manager Cumulative Performance v Peer Group
All funds managed by James
Name of Security | Sole/Co | Managed Since |
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WS Lancaster Absol Ret | Co | May 2009 |
WS Lancaster Absol Ret | Co | May 2009 |