Best In Class  

Best in Class: LF Tellworth UK Smaller Companies

The fund is well diversified with around 50 underlying holdings. Every new position starts at a minimum of 1 per cent, and has a maximum position of 5 per cent. The fund has an ongoing charges figure of 1.3 per cent. 

Both managers have a truly outstanding long-term track record when it comes to investing in UK smaller companies in a number of trying conditions.

This fund has a solid but flexible process, which affords the managers the necessary freedom to focus on the job of picking
stocks. As a result, we are very confident in their ability to outperform consistently in the future.

Darius McDermott is managing director of FundCalibre

All data is sourced from FE Analytics