Focke offers rare consistency in US sector

Top-quartile over one, three and five years, Nucleus American Trust is currently moving up the market scale as manager Focke sacrifices growth for safety

As Tana Focke approaches her 10-year anniversary at Smith & Williamson, her fund con-tinues to deliver consistently good returns. The £60m Nucleus American Trust, soon to be renamed Smith & Williamson American, has produced top-quartile returns over one, three and five-year time frames to 8 October. It is also one of a minority of funds to produce positive returns over the past three months, according to Morningstar. Nucleus American is 10th out of 65 funds in the North American sector over three years, returning 33.0% bid to bid compared to the sector average of 25.2%. Former broker Fo...