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Polar Capital UK Absolute Equity Fund I Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Polar
Fund Summary The objective of the Fund is to achieve a positive absolute return over one year periods by investing predominately in the shares of United Kingdom companies, while using financial derivatives (complex instruments based upon the value of underlying assets). Absolute return means that the Fund seeks to generate a positive return regardless of the direction of the markets.
SEDOL code BQLDRR5
ISIN IE00BQLDRR58
Fund code POAEI
Managers Guy Rushton
Manager Tenure 5 years
Morningstar Category Alt - Long/Short Equity - UK
IMA Sector Targeted Absolute Return
Fund Size £519 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 1.18%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £22.59
Buy Price £22.59
Price Change -0.1768%
Price Date 20th August 2019
Yield Currently unavailable
Dividend Frequency Yearly
ISA Eligible Yes
SIPP Eligible No
Inception Date 30th September 2014
Fund Status SUSPENDED
Guy Rushton joined Polar Capital in August 2014 as a fund manager. Prior to this, Guy was with Legal & General managing US$440m of assets across long/short and long-only funds focused on UK and European equities. Guy began his tenure with L&G as a UK equity analyst, moving across to portfolio management as co-manager of the Legal & General UK Absolute Fund in 2011, becoming the sole fund manager in 2013. Up until his departure, Guy also managed the Legal & General UK Special Situations Fund and UK Active Opportunities Fund. Prior to L&G, Guy was with Clear Capital as a healthcare equity analyst. Guy read Medicine at the University of Cambridge, graduating with a degree in Medical Sciences in 2005. He is a CFA charterholder.

3-year Mean Monthly Return: 1.216%

Annual Returns 2018 2017 2016 2015
Fund Performance -2.95% +27.25% +29.54% +14.86%
Benchmark Performance
(Alt - Long/Short Equity - UK)
Time Period Cumulative Benchmark Performance
(Alt - Long/Short Equity - UK)
Fund Compared to Benchmark
1 day -0.18% Currently unavailable Currently unavailable
1 week -1.70% Currently unavailable Currently unavailable
1 month 2.31% Currently unavailable Currently unavailable
3 months 11.78% Currently unavailable Currently unavailable
6 months 13.40% Currently unavailable Currently unavailable
1 year 2.87% Currently unavailable Currently unavailable
3 years 52.74% Currently unavailable Currently unavailable
5 years Currently unavailable Currently unavailable Currently unavailable
10 years Currently unavailable Currently unavailable Currently unavailable
YTD 9.87% Currently unavailable Currently unavailable
Since inception 125.90% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Inmarsat PLCCFD GBR 4.60%
Mercia Technologies PLC GBR 4.57%
First Derivatives PLC GBR 4.49%
Tracsis PLC GBR 3.97%
Betfair Group PLC GBR 3.71%
AA PLCCFD GBR 3.71%
SunEdison Inc USA 3.69%
Dixons Carphone PLCCFD GBR 3.69%
Abcam PLC GBR 3.68%
Mothercare PLC GBR 3.63%

Currently unavailable