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This shows the number of portfolios you hold. Portfolios can be constructed from Unit Trusts & OEICs,IMA Unit Trusts & OEICs,Investment Trusts,Pension Funds,Life Funds,Offshore Funds,Exchange Traded Funds and cash. Holdings and acquisition costs can be recorded so that profits/losses can be calculated. These can be calculated in terms of a number of base currencies. Overall portfolio values, as well as portfolio constituents, can be made the subject of alerts.
You have one watchlist, and this shows you the number of items currently stored in the watchlist. Items stored here do not have holdings records, so this list simply monitors the price of items held, which can also be subject to alerts
This is designed to be a temporary collection of items selected by you for further analysis in the tools section. Items can be subsequently transferred from the Basket to the Watchlist or Portfolio.
Have you been allocating more to cash or equities, given signs of rising risks?
To provide long-term capital growth from a globally diversified portfolio investing primarily in small to medium capitalization companies specializing in identifying, developing and extracting gold. It may also invest in mining companies extracting other precious metals. There may be occasions, in light of adverse market conditions, where the Investment Manager chooses to hold high levels of cash, bonds and government securities. The Investment Manager may use derivatives for efficient portfolio management purposes only.
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.
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.
How is Damaskos still in a job? How does this fund still have 19 mil in it?!
It isn't hard to see what you mean wwjd_andy. Over the last few disastrous years Mr Damaskos has featured in several articles with the gold crystal ball. I recall too that about three years ago Tom Winnifrith saying he had never seen a better time for investing in gold miners. There then followed three shirt-removing years of relentless descent in fund values. The performance of Mr Damaskos' own fund since last December (2013), however, suggest that that may indeed have finally been the lowest point. And his words now in conjunction with his fund's performance suggest that he is focusing on companies which fulfil the right criteria. None the less the question of the timing of renewed investment in his or other mining funds remains. But if you are among those who own that 19 million in his fund, and have stuck it out so long, this is presumably the time to continue to hold on.
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What is fundswire?
Fundswire lets you to keep track of the funds, managers and groups you’re interested in.
For funds you follow via Fundswire we’ll alert you to any significant developments, whether changes in performance or risk characteristics, a new rating or award, or a change of fund manager.
MFM Slater Growth fund no longer a top quartile performer
12:06 PM | 01-Nov-2013
MFM Haldex Managed fund becomes a top quartile performer
10:09 AM | 02-Aug-2012
07:34 AM | 01-Jun-2012
MFM Haldex Managed fund becomes a second quartile performer
07:00 AM | 01-Jun-2012
MFM Haldex Managed fund no longer a second quartile performer
07:00 AM | 01-Mar-2012
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13:00 | Monday, January 20, 2014