MFM Bowland Funds

dunstonh

On City Wire's website it shows it is the best performing fund in this sector over 1,3 and 5 years.

These were top in that respect.

UT UK Smaller Companies Sector
1 year: Jupiter - UK Smaller Companies 35.65
3 years Jupiter - UK Smaller Companies 94.09
5 years: TM - Cavendish AIM 144.05

OM was 15.45%, (20 out of 49) over 1 year. 66.77% (9 out of 48) over 3 years and 124.62% (11 out of 47) over 5 years.

Year to date, it is quartile 4 42/51. Although you would expect that given that it is one of the highest risk funds in the sector (which is already higher risk compared to other UK sectors).

Is that the case with all UK Smaller Companies Fund.

What bit are you referring to?

bostonerimus

SurreyRoger wrote: »

MGM Bowland comes out on CityWire website as one of the top,performing investments in the UK section over the past year, so that is why I was looking at it. But now in view of the above comments it does not look such a good idea.I thought it might be part of the Marlborough group of funds.

Buying a small niche fund is risky and these funds with large entry costs are best avoided. Also buying a fund just because it has high recent performance can produce a very volatile portfolio. DON"T buy anything yet, instead take a couple of weeks to learn how to construct a portfolio from far more diversified funds and understand something about multi-asset funds.

chiefnoodle

even if it beats all other funds by say 1% a year, you're still looking at 7-8 years before that matches the buy/sell spread premium.

When you say it comes out the best fund, you seem to be looking only at one specific period. I.e. its quite easy for a fund to look good over a one month period (or in your case one year), when over several years its much less impressive. You have to look at performance in the long run.

Good luck!

Thrugelmir

chiefnoodle wrote: »

even if it beats all other funds by say 1% a year, you're still looking at 7-8 years before that matches the buy/sell spread premium.

When you say it comes out the best fund, you seem to be looking only at one specific period. I.e. its quite easy for a fund to look good over a one month period (or in your case one year), when over several years its much less impressive. You have to look at performance in the long run.

Good luck!

Since launch in 1999. Up 393%. Long term performer. (as at Sept 2017)

HarryLong

I thought Old Mutual UK Smaller Companies was a good investment, it has certainly done me proud over the past 3 years. When you look at how badly the Woodford Equity Fund has performed over the past 12 months you cannot take anything for granted. He had a very good reputation and his investments have been in "Well Known" and established stocks. My fingers have got burnt on this one. I will hold on and hope it may recover.

Gee_Whiz

Yes I fully agree Woodford fund has been abysmal over the past 12 months. I think The Japan sector has at long last after years in the doldrums has shown the best sign of a sustained improvement