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LF Gresham House UK Multi Cap Income Fund features in FundCalibre's Funds to Watch in 2019

Gresham House

FundCalibre features the LF Gresham House UK Multi Cap Income Fund in its 'Funds to watch 2019: funds that could offer optimistic new investment opportunities.'

FundCalibre's Ryan Lightfoot-Brown comments:

"With the UK stock market yielding close to 5%, we think UK equity income funds could do well this year. This particular fund has a bias towards smaller companies but can invest in businesses of any size. Under manager Ken Wotton, who also runs the highly successful Gresham House UK Micro Cap fund, this fund is just eighteen months old and is targeting an initial yield of 4%, with the aim to grow it over time. It is very early days, but the fund held up extremely well when markets fell at the end of 2018 and, since launch, is up 7% compared with a sector average loss of more than 5%*."

The LF Gresham House UK Multi Cap Income fund ranks third in the list.

 

To read more please visit FundCalibre.

*Source FE Analytics, total returns in sterling, 30 June 2017 to 7 January 2019.

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