Consistency of Spencer puts fund eighth in peer group
Since assuming control of Rensburg’s £177m UK Mid Cap Growth Trust fund in February 2006, Paul Spencer has consistently delivered top-quartile performance. Over three years to 1 February, the vehicle sits eighth out of 279 funds in the IMA UK All Companies sector, climbing 8.8% against an average decline of 11.1% according to Morningstar. Over one year the fund is up 52.2% compared to an average increase of 32.2%. The fund aims to achieve capital growth higher than the FTSE 250 index with at least 80% of the portfolio invested in FTSE 250 companies. What have been the key drivers o...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes