Discretionary specialist Taylor Young Investment Management has brought two further retail funds to ...
Discretionary specialist Taylor Young Investment Management has brought two further retail funds to market, a global portfolio with a UK bias and a concentrated special situations vehicle.
Both Oeics, International Equity (£ bias) and Opportunistic, are managed by CIO Peter Thompson and Nick Rundle respectively. The global portfolio will invest in large-cap companies, predominantly in the UK, US and Europe, with a minimum of 60% in UK stocks.
Rundle’s Opportunistic fund will be a concentrated 25-stock portfolio investing in companies across the listed universe in the UK. The group said the two funds will offer retail investors and advisers access its successful investment process.
“We are thematic investors, trying to identify drivers and enablers of future change,” he said.
“Themes we like at the moment include security, which we see as a long-term growth area.
“For example, Opportunistic invests in RC Group, an Aim-listed security provider that has contracts in Middle East and Far East.”
Minimum investment on both funds is £7,000, with an AMC of 1.5%. Opportunistic fund will be benchmarked against the FTSE All-Share while International Equity is measured 67% against the All-Share and 33% FTSE World (ex-UK).
Both funds will carry a performance fee, charged annually. Existing vehicles in the firm’s Oeic structure are Growth, Growth & Income and Equity Income.