Valuations filters are applied at the asset class and individual fund levels to avoid overpaying.
This is the case not only at the entry and exit points, but positions are also actively managed while in the portfolio in order to ensure profits are reallocated to high conviction but underperforming parts of the portfolio.
The TB Wise Multi-Asset Growth fund’s largest position is currently held in the AVI Global Trust (6.7 per cent), which targets capital growth with a focus on shares that stand at a discount to estimated underlying net asset value.
Caledonia Investments (6.1 per cent) and JOHCM UK Equity Income fund (4.8 per cent) complete the top three positions.
The fund is a top quartile performer over three and five years in the Investment Association Flexible Investment sector, returning 31 per cent and 56.2 per cent respectively.
It has an ongoing charges figure of 1.2 per cent.
The focus on high quality funds, coupled with strong exposure to investment trusts, makes this a strong alternative for those investing in the flexible investment sector.
It is a truly diversified option that gives investors access to a wide stream of potential returns.
Darius McDermott is managing director of FundCalibre
