The Unicorn Outstanding British Companies Fund aims to achieve long term capital growth by investing in a portfolio of outstanding British companies by taking a long term view of not less than five years. British companies are defined as those which are incorporated or domiciled in the UK or have a significant part of their operations in the UK. At least 80% of the companies that the Fund invests into will be British companies. The Fund can also invest into companies that are not otherwise British companies but are listed on stock exchanges in the UK. Outstanding companies are defined as those whose economics and risks are well understood, whose revenues, earnings and cash flows are predictable to a reasonable degree of certainty, which sell products and services into growing markets, which have market leadership positions and lasting competitive strength, which generate high average and incremental returns on invested capital, which convert a high proportion of their earnings into free, distributable cash, which can show a consistent track record of operating performance, which are run by decent, experienced individuals, who manage their businesses with the goal of maximising owner-value, which operate with low core debt, which are not predominantly acquisition-led, and which produce clean, intelligible financial statements. The Fund may also invest in smaller companies, including companies quoted on AIM. AIM is the London Stock Exchange’s international market for smaller, growing companies. The Fund may also invest, at its discretion, in other transferable securities and deposits and cash. The Fund may also enter into certain derivative and forward transactions for hedging purposes. The Fund may have a concentrated portfolio. The Fund invests for the long term and there is no guarantee that any particular return will be achieved, over any period, and investors should note that their capital is always at risk.
Portfolio Manager & CEO
Start date: 08/12/2006
Portfolio Manager
Start date: 01/01/2021
| Management Style | Active |
| Launch Date | 08/12/2006 |
| IA Sector | UK All Companies |
| Fund Type | OEIC |
| Domicile | United Kingdom |
| ISA Eligible | Available and Eligible |
| SIPP Eligible | Yes |
| Pricing Frequency | Daily |
| Valuation Point | 10 am daily |
A Accumulation | ISIN | GB00B1GFWW16 |
| SEDOL | B1GFWW1 |
| Minimum Investment | £2,500 |
| Minimum Top Up | £1,000 |
| AMC | 1.50% |
| Income Treatment | Accumulating |
| Dividends Per Annum | 1 |
B Accumulation | ISIN | GB00B1GGDH66 |
| SEDOL | B1GGDH6 |
| Minimum Investment | £100,000 |
| Minimum Top Up | £1,000 |
| AMC | 0.75% |
| Income Treatment | Accumulating |
| Dividends Per Annum | 1 |
O Accumulation | ISIN | GB00BJTMQ891 |
| SEDOL | BJTMQ89 |
| Minimum Investment | £10,000 |
| Minimum Top Up | £1,000 |
| AMC | 1.50% |
| Income Treatment | Accumulating |
| Dividends Per Annum | 1 |
