Open-ended Investment Companies
Taking the 'house view' on asset allocation, as set by the group investment committee, we run our own OEIC, Thoroughbred Funds, of which the first sub-fund is Thoroughbred Core Alpha, a balanced, globally invested multi-asset fund. The fund has twin aims: to deliver excellent performance whilst managing volatility. The Core Alpha fund has a four-star rating from Morningstar.
This is not an off-the-shelf fund
The fund is run by Mattioli Woods, independent of external views
How we manage the fund and our aims should need no interpretation
- Capital growth
Though we use income to deliver it, this is the main aim
We care about our fund, so we really do pay it attention
Asset allocation is key, and we do this with conviction and agility
The fund aims to deliver on its objectives by investing mainly in collective investment schemes (both regulated and unregulated) such as unit trusts, OEICs, investment trusts and exchange traded funds, as permitted by FCA rules. The fund will not invest more than 25% in any single investment, and maintaining high levels of liquidity is very important. It is intended that at any time the fund is balanced both by geography and investment sectors, though with a (likely) bias that reflects the residency of most of the fund’s investors. A typical investor will be one with a five year time horizon (or longer) and a desire to gather real returns over and above inflation, the latter indicating that they must also be accepting of appropriate risk.