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.
CF Seneca Diversified Growth Fund
Aim and overview
Aim and overviewView
Risk and performance rating
Risk and performance ratingView
How to invest
How to investView
Strategic asset allocation
We 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.
The Seneca IM investment team, pictured from left to right: Alan Borrows, Richard Parfect, Tom Delic, Mark Wright, Peter Elston.
The fund is managed on a team based, research driven approach, with all members of the Seneca investment team contributing to decision making through their research specialities. Two members of the team retain portfolio oversight responsibilities (process, implementation, cash and cash flow management). Portfolio oversight for this fund rests with Mark Wright and Tom Delic.
The overall responsibilities of the Investment Management team are shown below:
Asset allocation research, Peter Elston, chief investment officer
Fixed income research, Alan Borrows
Specialist assets research, Richard Parfect
UK equity research, Mark Wright
Overseas equity and investment themes research, Tom Delic
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
GIAs (General Investment Accounts) on wraps and platforms
Directly – please see how to invest
Factsheet, availability and ratings
Risk and performance rating
The fund carries a Distribution Technology profile 6
Copyright © 2017 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
FE Crown Fund Ratings do not constitute investment advice offered by FE and should not be used as the sole basis for making any investment decision. All rights reserved.
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