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FP Argonaut Absolute Return Class R - Accumulation (GBP)

Sell:159.10p Buy:159.10p Change: 0.78p (0.49%)
Prices as at 11 October 2019
Sell:159.10p
Buy:159.10p
Change: 0.78p (0.49%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 11 October 2019
Sell:159.10p
Buy:159.10p
Change: 0.78p (0.49%)
Prices as at 11 October 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Our view on the sector

Funds in this sector generally try to make a positive return in any market condition. But they go about it in different ways. Some focus on one type of asset, such as shares or bonds, while others invest in a variety of different assets. Some stick to one geographical area, like the UK or Europe, while others invest globally. Some also take 'short' positions, which can allow the fund to benefit from falling prices. It can be difficult to compare funds in this sector because they're so different, so each one should be considered on its own merits. Some have been more volatile than others, some have sheltered investors' money well but not done as well when markets have risen, while others have performed poorly. Like any investment, there's still a degree of risk and they're not guaranteed to make money.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

11/10/14 to 11/10/15 11/10/15 to 11/10/16 11/10/16 to 11/10/17 11/10/17 to 11/10/18 11/10/18 to 11/10/19
Annual return 20.68% -16.55% 0.51% 3.69% 4.05%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Fund Management Group Comment

Argonaut is a London-based investment boutique specialising in managing European equity funds. The business was launched in 2005 by Founding Partners Barry Norris and Oliver Russ as a joint venture with Ignis Asset Management. Argonaut became operationally independent of Ignis in 2012 and a passive minority stake in the group was retained by Standard Life Investments following its acquisition of Ignis in 2014. Barry Norris subsequently assumed full ownership of the business in 2016.

Information about the fund

Fund manager biography

manager photo
Manager Name: Barry Norris
Manager start date: 18 February 2009
Manager located in: London

Barry Norris graduated from Cambridge University in 1996 with an MA in History, and in 1997 with an MPhil in International Relations (with distinction). He also holds the CFA charter, the IMC and IIMR qualifications. Following graduation, Barry joined Baillie Gifford, moving to Neptune Investment Management in June 2002 as Head of European Equities. There he had sole responsibility for the European Opportunities Fund from its launch in November 2002 before founding Argonaut in 2005. The Argonaut European Alpha Fund, which was launched in May 2005, is managed by Barry along very similar lines using his distinct ?earnings momentum? process. Barry also manages the Ignis Argonaut Pan European Fund, launched in December 2005 and the Argonaut Absolute Return Fund launched in February 2009. He is a regular contributor to the financial media, appearing frequently on Bloomberg TV and has had opinion pieces published in the Daily Telegraph and the Financial Times.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account