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Cazenove Multi Mgr Diversity

Quick Stats

Fund currency GBX Change on day 0.39p Sector IMA Cautious Managed
Bid price - Change on day 0.51 % Fund Size £484m 30/07/2010
Mid price 77.07p Yield 0.60 % Fund type UK Authorised Unit Trust
Offer price - Unit type Accumulation Available as ISA, PEP
Price date 12:00 02/09/2010 Crown RatingFinancial Express Crown Rating Launch date 22/05/2002

Fund Objective

To achieve long-term capital growth in excess of inflation from a portfolio invested across a broad range of asset classes. The Fund is intended to provide steady rates of return with significantly lower risk than more traditional approaches to portfolio management, which tend to be largely dependent on the performance of equities. The portfolio was restyled in September 2005.

Purchase Information

Min. Investment £1,000
Min. Top-up £1,000
Standard Initial
Charge		 5.00 %
Annual Management
Charge		 1.00 %
Dividend Dates Mar 01, Sep 01

Manager Information

Manager name Marcus Brookes
Manager since 24/10/2007
Manager's biography Marcus Brookes joined Cazenove in January 2008. He is Head of Multi-Manager and Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Marcus was a Fund Manager at Gartmore Investment Management responsible for the Gartmore Multi-Manager range of funds. Prior to joining Gartmore, Marcus held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Marcus has 14 years investment experience and graduated from the University of Stirling with MSc. Investment Analysis.
Manager name Robin McDonald
Manager since 24/10/2007
Manager's biography Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin has 10 years investment experience and is a CFA charterholder.

Performance Chart

    Cazenove Multi Mgr Diversity
    IMA Cautious Managed

Cumulative Performance

  3 mth 6 mth 1 yr 3 yr 5 yr
Fund 0.51 % 0.97 % 7.17 % 10.63 % 32.28 %
Sector 1.69 % 1.74 % 8.43 % 1.43 % 13.79 %
Relative to sector -1.17 % -0.76 % -1.26 % 9.21 % 18.48 %
Rank within sector 117 / 160 105 / 159 109 / 151 20 / 111 6 / 72
Quartile 3 3 3 1 1

Discrete Performance Last Quarter End

  01/07/2009 -
30/06/2010		 01/07/2008 -
30/06/2009		 01/07/2007 -
30/06/2008		 01/07/2006 -
30/06/2007		 01/07/2005 -
30/06/2006
Fund 12.37 % -4.81 % 0.68 % 10.66 % 14.31 %
Sector 14.11 % -9.09 % -6.62 % 8.10 % 8.60 %
Relative to sector -1.75 % 4.29 % 7.30 % 2.56 % 5.71 %
Quartile 3 2 1 1 1

Discrete Performance by Calendar Year

  YTD 2009 2008 2007 2006
Fund 2.08 % 16.30 % -9.63 % 6.48 % 10.34 %
Sector 2.75 % 15.90 % -15.84 % 1.39 % 6.96 %
Relative to sector -0.67 % 0.40 % 6.21 % 5.09 % 3.38 %
Quartile 3 2 1 1 1

Fund Holdings - as at July 31, 2010

Top 10 Holdings % of Fund
1 JPM INV INCOME OPPORTUNITY 7.54 %
2 M&G OPTIMAL INCOME 7.06 %
3 JUPITER ABSOLUTE RETURN 6.96 %
4 JOHCM UK OPPORTUNITIES 5.92 %
5 INVESCO PERP INCOME 5.86 %
6 INVESCO PERP TACTICAL BOND 5.53 %
7 ECLECTICA FUND 3.90 %
8 FINDLAY PARK AMERICAN SMALLER COMPANIES 3.30 %
9 CAZENOVE UK ABSOLUTE TARGET 2.89 %
10 FIRST STATE ASIA PACIFIC LEADERS 2.59 %


Asset Weighting - as at July 31, 2010

Asset % of Fund
1 Alternative Assets 28.17 %
2 Fixed Interest 22.60 %
3 Money Market 21.21 %
4 UK Equities 17.15 %
5 North American Equities 3.30 %
6 Asia/Pacific ex Japan Equities 2.59 %
7 Japanese Equities 1.91 %
8 US Equities 1.83 %
9 Europe ex UK Equities 1.24 %