Fund manager Gill Lakin
A sub-fund of the VT Brompton OEIC
The VT Brompton Adventurous Fund aims to generate capital growth, an increase in the value of the shares in the fund, over the longer term, at least five years. Investors tend to aim for a relative return from their investments over the longer term. Brompton seeks to deliver this through a process of active asset allocation and focused fund selection.
To generate capital growth over the longer term
| A Accumulation | ||
| Launch date | 9 January 2017 | |
| IA sector and benchmark | Flexible Investment | |
| Type of shares | Accumulation | |
| Base currency | Sterling | |
| Valuation point | Noon | |
| Minimum investment | £1,000 | |
| Minimum top up | £1,000 | |
| Minimum regular savings | £1,000 | |
| Initial charge | None | |
| Investment management fee | 0.65% | |
| General administration charge plus other expenses | 0.08% | |
| Underlying fund changes | 0.46% | |
| Total expense ratio | 1.19% | |
| Accounting dates | 31 December (final), 30 June (interim) | |
| Income distribution date | Last day of February | |
| Structure | OEIC sub-fund | |
| Year end | 31 December | |
| SEDOL | ???????? | |
| ISIN | GB00BYZCNT84 | |
The composition of the portfolio will reflect the investment manager’s view of the potential future return of different asset classes and specific investments. For this fund, the investment manager aims to take an adventurous approach, with a greater proportion of the fund exposed to assets that it considers 'higher risk', such as certain equities, and less on those which may be 'lower risk'.
The fund will be actively managed and will typically invest at least 80% of its net asset value in collective investment schemes, including exchange-traded funds and investment trusts, and that may include schemes managed and/or advised by the authorised corporate director and/or investment manager).
The fund will generally be exposed to equity markets. The fund will also have exposure directly or indirectly to other asset classes such as fixed income and alternatives, including, but not limited to, UCITS long short funds, market neutral funds and structured products, although exposure to such assets will not exceed 35% of the net asset value of the fund except in exceptional circumstances such as when the investment manager anticipates sharp falls in asset values due to severe market stress.
The fund may also invest directly in transferable securities including equities, money market instruments, cash and near cash.
Investments will not be confined by geographical, industrial or economic sector.
Derivatives may be used only for efficient portfolio management, including hedging in accordance with the Financial Conduct Authority (FCA) rules. Efficient portfolio management means using derivatives in a way that is designed to reduce risk or cost and/or generate extra income or growth. Derivative use is expected to be limited.
The fund is not managed to or constrained by a benchmark. To assess the fund’s performance, investors may find it useful to compare the fund against the Investment Association’s Flexible sector, which serves as a method of comparing the fund’s performance with other funds with broadly similar characteristics.
Full details of the fund and its risks are in the prospectus and Key Investor Information and Supplementary Information Document located in the investment documents section.
Brompton is not authorised to give investment advice. Please obtain professional advice before making an investment decision.
As with all funds invested in financial markets, the value of assets and income generated from them may fall as well as rise. Investors may not get a steady income flow and may not receive all their capital back on disposal. Valu-Trac Investment Management Limited is the ACD of the VT Brompton Adventurous Fund and is authorised is authorised and regulated by the FCA, firm reference number 145168. Registered office: Level 4, Dashwood House, 69 Old Broad Street, London EC2M 1QS
The VT Brompton Adventurous fund is primarily held via investments in the Grosvenor Managed Portfolio Service (MPS). More information on this service, including whether it is appropriate to your investment requirements, is available from the Grosvenor Consultancy Ltd, an independent financial adviser authorised and regulated by the FCA, firm reference number 187799. For further information, please call 01275 373348 or email ifa@grosvenorconsultancy.co.uk.
Information on direct investment into the fund is available on the Valu-Trac website: https://www.valu-trac.com
Please obtain professional advice before making an investment decision. If you do not have a financial adviser and would like information about financial advisers in your area you might consider visiting the https://www.unbiased.co.uk website. This is the UK’s leading professional advice portal, offering a free and confidential search facility.
As with all funds invested in the financial markets, the value of assets and income generated from them may fall as well as rise. Investors may not get a steady income flow and may not receive all their capital back on disposal.