Chariguard UK Equity Fund

Fund Manger: Rupert Marlow

Rupert is part of RCM’s Systematic Products team and has overall responsibility for the index-tracking equity and active bond portfolios managed by RCM (UK) Ltd. Prior to joining RCM in 1987, he worked for Schroders from 1979 to 1985, managing UK pension funds and charities. He then joined Scimitar as head of pension fund investments. At RCM, he initially looked after a range of pension funds and charities. More recently he became involved with quantitative products and was responsible for the launch of the Chariguard common investment funds. Rupert was born in 1952, received an MA from Cambridge University and qualified as a Chartered Accountant with Peat Marwick Mitchell.

Fund Objective:
Chariguard UK Equity Fund is a Common Investment Fund that invests in UK equities. As an index tracking fund, its objective is to produce returns in line with the FTSE All-Share Index.

Indexation:

• Chariguard UK Equity Fund’s approach is to use index-tracking techniques in order to avoid the risks and costs associated with traditional (active) investment management.
• The fund offers charities the advantages associated with Common Investment Funds, most notably administrative simplicity.
• The fund is, therefore, particularly suitable for those charities seeking an efficient means of obtaining broadly diversified exposure to the UK equity market.

Fund Strategy:

• The aim of the fund manager is to control the risks and costs referred to above.
• Firstly, in order to avoid the risk of underperformance against the FTSE All-Share Index, the portfolio holds all of the stocks within the FTSE All-Share Index.
• The exposure to each stock is similar to that stock’s weighting in this index. In this way, the portfolio is not unduly exposed to any single stock upset.
• Secondly, in order to control costs, the level of transactions within the portfolio is kept to a minimum, involving only those that are necessary to maintain its systematic diversification.
• As a result of these factors, both the capital and income returns generated by the portfolio of investments within Chariguard UK Equity Fund (i.e. before the deduction of management charges and expenses) should be in line with those of the FTSE All-Share Index.

Prices and Performance:
For the latest prices, please click here:
>Price Figures

For the latest performance figures, please click here:
>Performance Figures

Fees:
The annual management charge for the Chariguard UK Equity Fund is 0.20% plus VAT.
>Please refer here for further details

How to Invest
>For details on how to invest please click here