4 Funds for Your ISA

One of the UK's top-rated multi-managers reveals four potential fund picks to make the most of your ISA allowance before the end of the tax year

Schroders Investments 24 March, 2014 | 12:13PM

This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Marcus Brookes, manager of the Bronze-rated Cazenove Multi-Manager Diversity fund picks four funds for investors’ ISA allowance.

UK Equities

Funds always tend to be categorised nowadays with labels such as Growth, Value, Quality and Recovery, but we think the perfect way to describe Majedie UK Income managed by Chris Reid is as an ‘Improvement Fund’. In the manager’s own words: “This is a conviction based active stock-picking fund that through detailed analysis and experience is looking to find companies that have settled on a course of massive improvement and, in doing so, leapfrog their competitors.”

“Philosophy aside, from our perspective, it is the depth and granular detail of analysis that underpins the appeal of this fund. However, when you set about running a fund in a fairly distinctive way compared to your direct competitors – as Chris Reid has – you take on board the risk/opportunity of potentially generating outsized relative returns.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Invesco European Equity UK Acc1,001.23 GBP0.03
M&G Optimal Income GBP A Acc215.92 GBP-0.25
Man GLG Japan CoreAlpha Retail Acc A132.40 GBP-0.37
Schroder MM Diversity A Acc1.06 GBP-1.38

About Author

Schroders Investments  manages more than £200 billion on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world. 

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