MI Chelverton European Select Fund

Funds

About the fund

The objective of the Chelverton European Select Fund is to generate long term compounding outperformance of major Continental European indices and peers. The aim is to deliver capital growth to investors over the longer term and achieve this by buying companies with strong free cash flow characteristics that the managers believe are being undervalued by the market.

The fund is a Europe ex UK equity fund managed within the Investment Association guidelines for its sector. It invests 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.

Latest Factsheet

Assessment of Value

Continental European equity fund investing across the market-cap spectrum

Focus on finding companies with undervalued free cash flows

Detailed cash flow modelling to identify attractive opportunities

Managed by an experienced team of European equity specialists

For further information and investor documentation for this fund please click on the following link to the Administrator’s website:

MI Chelverton European Select Fund

Fund managers

Fund facts

Launch Date

6 March 2018

Total Assets (31/03/2024)

£198m

Income Paid

Semi-annually

XD Dates

1 January
1 July

Valuation

12 Noon, Daily

Investment Universe

Europe Ex UK

IA Sector

Europe Ex UK

Domicile

Financial Year End

31 December

Base Currency

Sterling

Dividends at a glance

* 02/01/2024 – Subject to Audit

	MI CHELVERTON EUROPEAN SELECT FUND B INCOME	MI CHELVERTON EUROPEAN SELECT FUND B ACCUMULATION
Share class	B	B
Currency	GBP	GBP
Currency hedging	Un-hedged	Un-hedged
Type of unit	Income	Accumulation
Annual Management Fee (AMC)	0.75%	0.75%
Minimum investment	£1,000	£1,000
Initial charge	up to 5%	up to 5%
% of annual fee taken from capital	100%	100%
% of annual fee taken from income	0%	0%
Performance fee	No	No

	A Income	B Income
Dividend frequency	Bi-annually	Bi-annually
XD date 1 (interim)	1 July	1 July
XD date 2 (final)	1 January	1 January
Pay dates	8 weeks after XD date	8 weeks after XD date
Tax status	UK OEIC	UK OEIC

Dealing and Enquiry: +44 (0)345 305 4217
Email: chelverton@maitlandgroup.com

Spring Capital Partners Limited
Tel: +44 (0)20 3307 8086
Email: chelverton@springcapitalpartners.com

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