To buy when others are despondently selling and to sell when others are greedily buying, requires the greatest fortitude and pays the greatest reward.
SIR JOHN TEMPLETON
At Chelverton we invest in proper companies, that do proper things, managed by sensible people. Founded in 1998, we are a boutique asset management business with a specialist focus on investing outside the top 100 UK equities, and unquoted SMEs. Our select range of investment products and services is carefully considered and meticulously executed. Our investment approach is based on taking a 360-degree view of a company to seek out investments of fundamental value.
We harness the traditional values behind a long-term investment philosophy with the modern approach of keeping things simple. As experts at investing in small and mid-cap stocks, this is on what we focus all of our time. Without the restriction of an oversized corporate infrastructure, we are able to keep our operation agile and investor focused, always ready to adapt to the continuous movement of today’s investment landscape.
Our experienced quoted equity team manage more than £1bn of investments in small and mid-cap companies across five industry appraised funds. These are:
An income-focused Open Ended Investment Company ("OEIC"): This top performing fund invests in predominantly mid-cap companies. The fund aims to deliver a high and growing quarterly dividend, plus the prospect of good long-term capital growth.
An income-focused Investment Trust: This fund invests principally in mid and small-cap companies. Like MI Chelverton UK Equity Income Fund, this fund aims to deliver a high and growing quarterly dividend, and the prospect of good long-term capital growth. However, the closed end nature of an Investment Trust allows investment much lower down the market cap range.
A growth-focused OEIC: A UK small and mid-cap fund aiming to invest in highly cash generative companies with strong market positions that are expected to grow faster than UK GDP. It aims to deliver progressive long-term capital growth with no income.
A growth-focused Investment Trust: A highly specialised fund investing in very small, growing companies capitalised at less than £50m. Think of this as our "nursery"! This fund aims to deliver progressive, long-term capital growth with no income.
A Europe ex UK Equity Fund: A fund investing solely in the equity securities of companies listed in Europe, but outside of the UK, across the size spectrum down to a minimum market capitalisation of €50m.