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Contact details

ManagerGroupLogo
Manek Investments, Client Services Team, PO Box 11187, Brentwood, Essex, CM14 9LE
0844 800 9401 (Enquiries)
0844 800 9402 (Fax Number)
0844 800 9403 (IFA Support)

enquiries@manek.co.uk

Fund managers

* Jayesh Manek16-Dec-1997 to Present
 
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Investment objectives

To achieve long-term capital growth by investing primarily in UK equities.

Key Information

Fund vs sector

  1y 3y
Position 114 / 135 96 / 110
Quartile 4 4

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 1 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 10.47 13.31
Alpha -11.52 -9.57
Beta 0.42 -0.06
Sharpe -0.01 -0.02
Info Ratio -1.28 -0.98
R2 0.06 0.00
Quartiles:   1  2  3  4   help with ratios
vs. Specialist»

FE Risk Scores

Instrument 1y(%) Growth FE Risk Score
Manek Growth -13.0
110
Specialist -0.9
60
Cash n/a
0
Compare this fund to its peers using FE Risk Scores>>
Learn more about using FE Risk Scores>>
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC -13.0-20.3-32.6+10.2-16.8-31.2+22.9
  SPECIALIST   -0.9+10.4+27.9+8.2+2.9-0.6+16.7
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf MANEK GROWTH ACC 58.53 (p) 61.99 (p) 31-Oct-2014 0.00 2.89% MK02 0229582

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£15.8m / $25.3m (31-Oct-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch16-Dec-1997
Pricing times10:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 500
Initial charge5.00%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryRoyal Bank of Scotland Plc
RegistrarBank of New York Ltd
Multi-Managern/a
Indexn/a
Dividend policyJun 30, Dec 31 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity Mixed Specialist
Largest holdings, 01-Aug-2014
Holding (%) Rank Fund factsheet Equity factsheet
MAN GROUP 8.20 1 - -
BLINXX 6.60 2 - *
AGGREKO 5.60 3 - -
HIKMA PHARMACEUTICAL 5.30 4 - *
CHEMRING GROUP 4.80 5 - -
BSKYB 4.70 6 - *
TULLOW OIL 3.50 7 - *
RENTOKIL 3.20 8 - *
FIVE BELOW 2.60 9 - -
RENOVO GROUP 2.50 10 - *
Total47.00 
Regional weightings, 01-Aug-2014
Region(%)Rank 
UK81.001 81.00% UK
US & Others19.002 19.00% US & Others
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
 
 
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IMC1984 Aug 19th, 2014 at 02:32 PM

How on Earth is this guy managing to do so poorly? Surely if you blindfolded a chimpanzee and asked him to randomly draw shares out of a hat, the performance would pick up at some stage?

Reply
arenicola Jul 25th, 2014 at 09:51 AM

I may as well have sent my investment to the Nigerian e-mailer who wanted my bank details!

Reply
IMC1984 Jul 03rd, 2014 at 10:04 AM

Another solid day yesterday for this fantastic fund. I wonder if this might be an opportunity to top up into Youtu...I mean, Blinkx after it got totalled for another 50% or more yesterday.

Reply
trying hard Jun 01st, 2014 at 04:16 PM

Markets have taken off. Where are your investments and our units Mr Manek - BOTTOM of the ALL the tables. Shame on you.

Reply
IMC1984 Apr 09th, 2014 at 04:41 PM

How do you improve your figures against your peers?

Simple - Jump ship from the UK All Companies sector to Specialist! All of a sudden, the figures look moderate!

Reply
IMC1984 Feb 04th, 2014 at 10:57 AM

Is there really still £20m left in this fund?

I must say, that some of the shares actually appear to have done quite well (Blinkx, Eros, etc), so I ask myself the question, how is the price continuing to suffer?

I would encourage anyone still invested to look closely at the annual turnover of stock within the fund and then reach the sensible conclusion. How this fund retains regulation is beyond me.

Reply
mrinvest Jan 25th, 2014 at 03:23 PM

Time to hang up your hat.

Reply
arenicola Nov 27th, 2013 at 03:11 PM

Mr Manek is bottom of every league table! Perhaps he could tell us via this forum what his plan to do better for his investors is or is he just living off the fund management fees?

Reply
mark shilston Oct 30th, 2013 at 09:54 AM

What an absolute dog of a fund I hung on far too long but am so glad I finally saw sense and got out.Yet Mr Manek is still making good money from running a fund that my cat could beat.

Reply
jd Sep 22nd, 2013 at 02:30 PM

how can I check what my investment is doing

Reply
arenicola Sep 30th, 2013 at 10:55 AM

Check the share price and multiply it by the number of shares you have!

Reply
IMC1984 Feb 24th, 2014 at 10:25 AM

It's doing badly. Trust me

Reply
trying hard Sep 07th, 2013 at 05:13 PM

Mr Manek how can you face your investors with a performance that be carried out by a 5 year old with a better outcome

Reply
arenicola May 31st, 2013 at 05:49 PM

Should be called Manek Shrink Fund. Growth is a misnomer. My investment of £14K is now worth £4K.

Reply
PAT May 30th, 2013 at 03:24 PM

I invested in 2000 and have seen my savings depleted away. Blinkx the top holding has just delivered me 150% in the last 5 years so Mr Manek needs to realise we are not fools!

Reply
 

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Asset allocation

UK Equities, 81.00%
81.0000% ofUK Equities
US & Others, 19.00%
19.0000% ofUS & Others

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