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CF Seneca Diversified Growth Fund

Aim and overview

Aim and overview

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Investment approach

Investment approach

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Investment team

Investment team

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Investor profile

Investor profile

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Literature

Literature

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Risk and performance rating

Risk and performance rating

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How to invest

How to invest

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Aim and overview

Investors in the CF Seneca Diversified Growth Fund access a multi-asset portfolio with a clearly differentiated approach to generating long term capital growth. The fund combines tactical asset allocation with a mid cap UK equity portfolio, a range of overseas, value orientated equity managers, significant exposure to specialist assets and modest holdings in fixed interest markets. This combination of assets is managed in keeping with our value ethos, which we believe holds out the prospect of superior long term returns.

Investment approach

Strategic asset allocation

29We consider our multi-asset value approach to delivering long term capital growth makes the CF Seneca Diversified Growth Fund different to other offerings in the marketplace. The fund is weighted towards UK and overseas equities and specialist investments, with a relatively low exposure to fixed interest investments.

The fund has a strategic asset allocation designed to meet its long term objective. In addition, the manager uses tactical asset allocation as a means to capitalise on new value opportunities.

In UK equities, the majority of our holdings are drawn from the mid cap arena. We believe that this area offers greater systemic returns. And being less well-researched than the universe of larger stocks, it provides more opportunities and greater scope for us to add value to the fund.

In overseas equities we invest in funds managed by third party fund managers. We select managers and funds who share our value investing approach and who are focussed on returns rather than benchmarks. Within the specialist space, we invest in assets which we expect to deliver income that is more reliable than equities and more able to grow than bonds.

Investment team

SIM-1The Seneca IM investment team, pictured from left to right: Alan Borrows, Richard Parfect, Tom Delic, Mark Wright, Peter Elston.

Management of the fund is a team approach, with all Seneca investment team members contributing to decision making in the fund through their research specialities. The named managers of the fund are Mark Wright and Tom Delic. The overall responsibilities of the Investment Management team are shown below:

Tactical asset allocation, Peter Elston, chief investment officer, Seneca Global Income & Growth Trust plc

Fixed interest research, Alan Borrows, senior fund manager, CF Seneca Diversified Income Fund and Seneca Global Income & Growth Trust plc

Specialist investment research, Richard Parfect, fund manager, CF Seneca Diversified Income Fund

UK equity research, Mark Wright, fund manager, CF Seneca Diversified Growth Fund

Global equity and investment themes research, Tom Delic, assistant fund manager, CF Seneca Diversified Growth Fund

Investor profile

The fund may be suitable for investors who:

Have longer term investment objectives
Are seeking long term capital growth
Can afford some degree of capital risk

And wish to invest via:

NISAs (New Individual Savings Accounts)
SIPPs (Self Invested Personal Pensions)
Other pension wrappers
Insurance bonds
GIAs (General Investment Accounts) on wraps and platforms

Directly – please see how to invest

Risk and performance rating

 

The fund carries a Distribution Technology profile 6

 

 

 

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How to invest

The CF Seneca Diversified Growth Fund is eligible for:

  • General investment accounts (GIA)
  • Individual savings accounts (NISA)
  • Self invested personal pension (SIPP)
  • Other pensions and tax wrappers

The fund is available through a wide range of platforms and wraps and directly from Capita Financial Managers.

Use the link below for further details.

Make an investment

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