How Buffett principles have propelled fund into top ten

BUFFETT

It is no surprise the investment principles of Warren Buffett, the world's most famous investor, are held in near-unanimous regard by the fund management community.

It should be similarly unsurprising that a fund closely adhering to those principles has outperformed so significantly since launch in March 2011. The ConBrio Sanford DeLand UK Buffettology fund, managed by Keith Ashford-Lord, returned 34.2% last year, according to Morningstar, making it one of the top 20 funds across all IMA sectors in 2012. As of 4 January 2013, a return of 33.2% ranked it eighth over one year in the IMA UK All Companies sector. Those returns were produced by a concentrated portfolio that holds quality UK companies making high returns on equity and capital. They ...