MFM Slater Growth overhauled as group pushes into the retail market

Slater Investments has rebranded and changed the mandate of its UK Growth fund ahead of a push into the retail funds market.

The manager has turned over more than half the stocks in the portfolio since the end of last year, and it has been renamed MFM Slater Growth, reflecting its narrower, pure growth mandate. The Growth fund is a concentrated portfolio of 20 stocks, focused on the UK. It started life as the MFM Slater Pension fund, which was a pooled vehicle for pensions investors. Mark Slater, company co-founder and manager of the fund, says: “We now want to move back to where we started from with a pure growth fund. We define pure growth as a share-selection methodology focused purely on companies that can...