Would Unicorn Icome fund be in your top 150?

Imnoexpert_2

I've just read Mark Dampier's (of Hargreaves Lansdown) review of the Unicorn Income Fund and was surprised it isn't in their top 150. I have looked at it and have it in my portfolio and have been pleased with it as part of my mix. I can see that it has a particular focus and therefore there are risks to holding it as there is to everything.

I suppose I see that it is in the top quartile over 1 and 3 years and it's Sharpe and Info Ratio are top quartile, it has a lowish FE risk score, and for me it balances the overweight I think income funds have in a few large FTSE 100 companies.

It might not be in my top ten but it would certainly make my top 150. What do you think?

pip895

I have held Unicorn Income for some time and I would put it in my top 3 UK Income funds. I like Unicorn SC & Unicorn Free spirit in there respective categories to.

Porcupine

HL wrote:

HL currently receives renewal commission of 0.750% per annum, and pays clients a loyalty bonus of 0.150% per annum

I thought it was cheaper than that, but maybe a 0.6% cut isn't enough?

bigadaj

Imnoexpert wrote: »

I've just read Mark Dampier's (of Hargreaves Lansdown) review of the Unicorn Income Fund and was surprised it isn't in their top 150. I have looked at it and have it in my portfolio and have been pleased with it as part of my mix. I can see that it has a particular focus and therefore there are risks to holding it as there is to everything.

I suppose I see that it is in the top quartile over 1 and 3 years and it's Sharpe and Info Ratio are top quartile, it has a lowish FE risk score, and for me it balances the overweight I think income funds have in a few large FTSE 100 companies.

It might not be in my top ten but it would certainly make my top 150. What do you think?

Many people suggest that HLs recommendations relate to their commissions from funds as much as, if not more tha, the conviction that the funds will perform well for the investor.

I'd take any recommendations with a pinch of salt and look for corroboration from a number of sources.

Jegersmart

Unicorn Income = Unicorn UK Income?

If so, I doubt that the UK Income sector would feature on my top 150 list, let alone this fund.....although thinking about it, it would be highly unlikely that I would 150 different funds in the short term.

HTH
J

grey_gym_sock

1 might also ask ...

if you had a top 150 funds list, would it only consist of 90 funds?

talexuser

Answer yes, I've got it in my income section and its a good opposite to something like Perpetual HI since slanted slightly more towards smaller companies?

grizzly1911

talexuser wrote: »

Answer yes, I've got it in my income section and its a good opposite to something like Perpetual HI since slanted slightly more towards smaller companies?

What this poster has said.^^ + 1

ChesterDog

...and the same response from me too.