The investment objective is to achieve a positive absolute return over any 36 month period in all market conditions. By investing in the Fund, capital is at risk. There is no guarantee that the Fund will deliver positive returns over this, or any, time period.
Fund Manager
Malcolm McPartlinmanager
for
9 years
and 9 months
Malcolm McPartlin is an investment manager in the UK Equities team, with responsibility for co-managing the Kames UK Equity Absolute Return Fund and Kames Equity Market Neutral Funds. He has analysis responsibilities for the mining, media sectors and UK Equity Strategy. Malcolm joined us in 2003 from Scottish Equitable where he was an assistant business analyst. He studied Financial Services at Napier University.
David Pringlemanager
for
14 years
and 10 months
David Pringle David Pringle is an investment manager in the UK Equities team, with responsibility for co-managing the Kames UK Equity Absolute Return Fund and Kames Equity Market Neutral Funds. In addition, David’s analysis duties are in the aerospace & defence, pharmaceuticals, chemicals and healthcare sectors. He joined us in 2001 from WM Company, where he spent four years as a research assistant writing reports on risk, ethical investing and pension fund structures. David studied Financial Services at Glasgow Caledonian University, and has the SII Diploma in Derivatives.
Fund Overview
Mid (07/01/2025)
138.27p
Historic yield
-
Fund size (31/10/2024)
£26.26m
Number of holdings
114
Entry Charge
0.00%
Ongoing Charges
0.93%
Launch date
22/02/2010
Asset Allocation
Cash and Equivalents
97.39%
International Equities
1.05%
Property
0.61%
Alternative Trading Strategies
-20.04%
Other Assets
21.00%
Portfolio data accurate as at: 31/10/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
Cash and Equivalents
97.39%
International Equities
1.05%
Property
0.61%
Alternative Trading Strategies
-20.04%
Other Assets
21.00%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Cash and Equivalents
97.39%
-
-
-
Non-Classified
21.00%
-
-
-
Industrials
1.05%
-
-
-
Industrial Goods & Services
-
1.05%
-
-
Industrial Support Services
-
-
1.05%
-
Industrial Suppliers
-
-
-
1.05%
Real Estate
0.61%
-
-
-
Real Estate
-
0.61%
-
-
Real Estate Investment Trusts
-
-
0.61%
-
Diversified REITs
-
-
-
0.61%
Alternative Trading Strategies
-20.04%
-
-
-
Alternative Trading Strategies
-
-20.04%
-
-
Alternative Trading Strategies
-
-
-20.04%
-
Alternative Trading Strategies
-
-
-
-20.04%
Regional Allocation
Cash and Equivalents
97.39%
North America
1.05%
Non-Classified
0.96%
Property
0.61%
Fixed Interest Currencies
Euro
50.05%
Pound Sterling
49.08%
US Dollar
23.34%
Non-Fixed Interest Assets
-22.47%
Regional Breakdown
Expand allCollapse all
Region
Country
Cash and Equivalents
97.39%
-
North America
1.05%
-
United States
-
1.05%
Non-Classified
0.96%
-
Property
0.61%
-
Breakdown By Market Cap (%)
Non-Classified
2.61%
Cash
97.39%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
UNILEVER PLC CFD
2.56%
Non-Classified
Non-Classified
2
ASTRAZENECA PLC CFD
2.43%
Non-Classified
Non-Classified
3
CRH PLC CFD
2.35%
Non-Classified
Non-Classified
4
TRAINLINE PLC CFD
1.88%
Non-Classified
Non-Classified
5
BALTIC CLASSIFIEDS GROUP-WI CFD
1.82%
Non-Classified
Non-Classified
6
HOWDEN JOINERY GROUP PLC CFD
1.74%
Non-Classified
Non-Classified
7
ROLLS-ROYCE HOLDINGS PLC CFD
1.71%
Non-Classified
Non-Classified
8
BARCLAYS PLC CFD
1.71%
Non-Classified
Non-Classified
9
NATWEST GROUP PLC CFD
1.57%
Non-Classified
Non-Classified
10
RS GROUP PLC CFD
1.55%
Non-Classified
Non-Classified
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Real Estate
-
-
-
-
-
0.61%
-
-
0.61%
Industrials
-
1.05%
-
-
-
-
-
-
1.05%
Cash and Equivalents
-
-
-
-
-
-
-
97.39%
97.39%
Non-Classified
-
-
-
-
-
-
0.96%
-
0.96%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B4XS804
Mex Code
SEAAAA
Isin Code
GB00B4XS8040
Citi Code
I8K9
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.93%
Aims and Benchmark
Aims
The investment objective is to achieve a positive absolute return over any 36 month period in all market conditions. By investing in the Fund, capital is at risk. There is no guarantee that the Fund will deliver positive returns over this, or any, time period.
Benchmark
Sterling Over Night Index Average (SONIA) 1 Month
Benchmark Category
Comparator
IA Sector
Absolute Return
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 August
30 November
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
Citibank
Fund Administrator
Citibank
Fund Registrar
Northern Trust Global Services Limited
Fund Custodian
Citibank
Group Details
Group name
Aegon Asset Management
Group address
3 Lochside Avenue
Edinburgh Park
EDINBURGH
EH12 9SA
Group telephone
0800 45 44 22
Dealing telephone
0800 169 5186
Email
info@kamescapital.com
Homepage
www.aegonam.com
Fax number
-
Dealing
Minimum Investment
£2000000
Minimum Top Up
£1000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
4
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
Ratio
Value
Alpha
2.19
Beta
0.32
Sharpe
0.00
Standard Deviation
2.95
Info Ratio
0.11
Risk Factors
Risk Factor
Yes / No
Charges to Capital
No
Emerging Markets
No
Concentrated Portfolio
No
Smaller Companies
No
High Yield Bonds
No
Sector Specific
No
Geared Investments
No
Value of Investments
Yes
Investments Long Term
Yes
Property
No
Exchange Rate
No
Higher Risk
No
Performance Charges
No
Derivative Exposure
Yes
Offshore
No
Income Eroding Capital Growth
No
Umbrella Liabilities
No
New Fund
No
Solvency of Depository
No
Solvency of Bond Issuers
No
Ethical Restrictions
No
Liquidity
No
Returns Are Not Guaranteed
Yes
Inflation
Yes
Taxation and Tax Relief
Yes
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.