Notably, according to AMFI, the top five categories in terms of folios under growth and equity oriented schemes (ELSS, large cap fund, multi cap fund, sectoral and thematic funds and mid cap fund
) accounted for 50.1 per cent of the industry folios.
(Alliance News) - Schroder UK Mid Cap Fund
PLC on Friday said its net asset value slipped in a "challenging" first half but it was able to outperform its benchmark.
Among the anchor investors are Camas Investments, Reliance Strategic Investments, Goldman Sachs (Singapore), Abu Dhabi Investment Authority - Relval, FIL Investments (Mauritius), HSBC Indian Equity Mother Fund, SBI Large and Mid Cap Fund
, Kotak Emerging Equity Scheme and Smallcap World Fund, Inc.
The firm manages separate accounts for institutional investors and sub-advises the AMG Managers Fairpointe ESG Fund (AFFEX), the AMG Managers Fairpointe Mid Cap Fund
(ABMIX) and the Parvest Equity USA Mid Cap Fund
John Hancock Disciplined Value Mid Cap Fund
(JVMIX) has been awarded for its 10-year performance record among multi-cap core funds and John Hancock International Growth Fund (GOGIX) was awarded for its five-year performance record among international multi-cap growth funds.
Since the launch of the Ephraim Global Risk-Adjusted Mid Cap Fund
in late 2007, the team has added significant value to our investors' portfolios by discovering emerging profit cycles of which we take full advantage, and thus we are well positioned to continue implementing our strategy for many years to come.
We have a deep understanding of the firm and their investment process through our relationship within the domestic equity space, as they manage our John Hancock Disciplined Value Fund and John Hancock Disciplined Value Mid Cap Fund
. This is a high active share strategy that has been able to participate in up markets and protect capital in down markets, and importantly, to generate strong risk-adjusted returns for shareholders.
Right timing--Another fund in the category, ICICI Prudential Mid Cap Fund
, has returned about 60% in the one-year ended May 30, way above the category average of 43%.
Speakers at the event at the Liberty Stadium on September 26 include Richard Watts from Old Mutual Global Investors, who will provide insights into the Old Mutual UK Mid Cap Fund
, and Julian Fosh from Liontrust Asset Management who will discuss the economic advantages of the Liontrust Special Situations Fund.
The fund is to be renamed as BNP Paribas Mid Cap Fund
. The company said that the change in name would reflect the investing style of the fund and would make it easier for customers to identify it.
In other cases, a fund manager can start by specializing in the small cap market, only to have the dollar value of the stocks in his or her portfolio reach the mid cap level, converting the fund into a mid cap fund
. Baron Asset, managed by Ron Baron, is an example of such a fund.
The board of the Schroder UK Mid Cap Fund
Plc has agreed that Brough will become the lead manager.