ROYAL London Asset Management (RLAM) has outlined the successes of its UK Strategic Growth trust, which has delivered 34pc growth in its first year to 1 June, according to Financial Express.
The fund has a 6th percentile ranking, and beat the overall IMA UK All Sector, which returned 22.2pc during the same period. The fund invests mainly in FTSE Mid 250 stocks but has the capacity to invest up to 40pc in large cap and small cap assets as well as cash. Manager Leigh Himsworth attributed his success to this flexible investment approach, as well as his own stock picking skills. Himsworth said: “I have been pleased with how the fund has performed over the last 12 months. I have been able to find significant opportunities to add value in both the core mid cap focus of the ...
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