TM Cerno Select C Fund Acc

SEDOL: BCZXTP5 | ISIN: GB00BCZXTP59 | MEX: 8TSELG | CITI: JMCK

  • Buy 1,291 GBX

  • Sell 1,291 GBX

  • Price Change 0.62350%

Objectives and Approach

The objective of the Fund is to achieve long term total return over a five year period. The Fund aims to achieve a positive return, however, there is no guarantee that a positive return will be achieved over that, or any, time period. Investors should note that, notwithstanding that the objective is to achieve long term total return, capital is in fact at risk. The assets in which the Fund may invest will be equities, fixed income investments, eligible alternatives and other transferable securities, money market instruments, deposits, cash and near cash investments and derivatives. Exposure to these asset classes may be gained through direct investment or indirectly through collective investment schemes, exchange traded funds and investment trusts. At times the Fund may hold a significant amount in cash. Derivatives may be used for both investment purposes and Efficient Portfolio Management

Key Information

Inception 04-09-2013
Yield 0%
Sector IA Unclassified
Fund Size £68.400mn
Fund Type OEIC
Classification Accumulation

Charges

TER/OCF 1.40%
Initial Charge 0%
AMC 0.75%

Performance

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        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          1.25% 4.03% 3.28% 12.07% 24.02% -

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertanly 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 graphs shown are supplied by an external data provider and may contain data that appears to preced the introduction of the clean unit class for this fund. In such cases, historial 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

        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.

        Fund Provider Factsheet
        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.
        FUND PROVIDER FACTSHEET
        204,771 bytes PDF Document; last updated 28 Feb 2017
        Key Investor Information Document The KIID is provided by the fund management group and provides essential information and key facts about the fund to help assess whether it meets your needs. These are in a standardised format and should be free of any jargon.
        KEY INVESTOR INFORMATION DOCUMENT
        50,561 bytes PDF Document; last updated 08 Feb 2017
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        537,550 bytes PDF Document; last updated 27 Jan 2017

        Management Team

        James Spence has managed this fund for 3 years and 7 months.

        James Spence James is a co-founder of Cerno Capital and lead manages a number of the firm's collective and private portfolios. After qualifying as a chartered accountant in London (Coopers & Lybrand, 1989) he relocated to Asia. Between 1991 and 2004 he worked as an equity analyst, head of research, and latterly as an equity strategist at WI Carr, Paribas, HSBC and UBS, based variously in Hong Kong, Singapore and Jakarta. James graduated from the University of St Andrews, Scotland with an MA in Philosophy & Logic in 1986. James is a Member of the Chartered Institute for Securities & Investment.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by James

        Name of Security Sole/Co Managed Since
        TM Cerno Select Sole Sep 2013