Junior Oils Trust Accumulation Units 
HL comment
Our view on this Fund
The fund mainly invests in smaller oil companies, which have endured a torrid time recently, but Angelos Damaskos feels they now look hugely undervalued. The fund is positioned to take advantage of any recovery in the sector, and if the oil price remains elevated this will help oil producers generate healthy cash flow and profits. The fund also has some exposure to the corporate bonds of oil companies, providing the portfolio with a defensive element.
14-11-2011
Information from the fund manager
Simplified prospectus/Key Investor Information
Document
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
HL group comment: Junior
Our view on this Fund Management Group as a whole
As the only unit trust of its kind, Junior Oils has attracted attention since its launch in September 2004. This is a global portfolio investing in small to medium sized companies specialising in oil exploration and production. It is managed by Angelos Damaskos who was an investment banker for highly rated institutions for over 14 years before specialising in this new idea which originated from Jim Slater, one of the industry's investment guru's. CF (Capita Financial) is simply the administrators for this fund and has no involvement in the day to day management of the fund.
06-05-2009
HL sector comment: Specialist
Our view on this sector
There is a wide range of funds in this sector, for example funds concentrating on healthcare, financials, commodities, agriculture or those investing in a single country. This difference in the area of focus makes it very difficult to draw direct comparisons between these funds. Indeed the sector often contains both the top-performing fund and the bottom-performing fund in any one year. There are many good quality funds in this sector but please bear in mind that their specialist nature can mean they are more volatile than other funds.
13-12-2011