TM Cerno Select C Acc

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

  • Buy 1,286 GBX

  • Sell 1,286 GBX

  • Price Change 0.07780%

Past Performance

  • 17th Feb 2014 to 17th Feb 20158.51%
  • 17th Feb 2015 to 17th Feb 2016-4.49%
  • 17th Feb 2016 to 17th Feb 201716.33%
  • 17th Feb 2017 to 17th Feb 20183.09%
  • 17th Feb 2018 to 17th Feb 2019-1.08%

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 4th Sep 2013
Yield 0%
Sector IA Unclassified
Fund Size £86.885mn
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.
1.28%
Initial Charge 0%
AMC 0.75%
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

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of £5,000 over 1 year assuming a net zero growth rate

Cost Category % of Investment £5000 lump sum costs
Our annual fee

Our annual fee

Includes 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 charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.28%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

£5,000 lump sum invested with an assumed growth rate of 5% 1 year 5 years
What you might get back at 5% with no charges applied

What you might get back at 5% with no charges applied

These are the illustrative values of a £5,000 investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of £5,000 assuming a net zero growth rate
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 £5,000 assuming a 5% growth rate
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 £5,000 assuming a 5% growth rate
What you might get back at 5% with charges applied

What you might get back at 5% with charges applied

These are the illustrative values of a £5,000 investment after growth and costs at the end of the defined period

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 5% applies evenly throughout the year, before any charges including product charges


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 5%. 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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        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          2.39% -1.00% -5.65% -1.08% 18.63% 22.94%

          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

        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
        685,393 bytes PDF Document; last updated 31 Dec 2018
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        71,103 bytes PDF Document; last updated 18 Jan 2019
        Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
        ANNUAL REPORT
        770,390 bytes PDF Document; last updated 31 Dec 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
        896,364 bytes PDF Document; last updated 27 Nov 2018

        Management Team

        James Spence Fergus Shaw

        James Spence has managed this fund for 5 years and 5 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 Co Sep 2013

        Fergus Shaw has managed this fund for 3 months.

        Fergus Shaw There is currently no biography information for Fergus Shaw.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Fergus

        Name of Security Sole/Co Managed Since
        TM Cerno Select Co Nov 2017

        The value of investments can fall as well as rise. Investors may get back less than invested. Past performance is not a reliable guide to future returns.
        Please contact us if you have any questions.