IFSL Evenlode Global Income – HOLD

The fund was downgraced to a Hold in autumn 2025, and no longer appears in the Selection.

Previously WS Evenlode Global Income

Introduction to the fund

With a similar mandate to the IFSL Evenlode Income fund, which Ben also co-manages, this global version, which Ben and co-manager Chris have run since its launch in 2017, has a clear investment philosophy. They focus on quality, cash-generative businesses, typically favouring defensive sectors like consumer staples, and avoiding cyclical sectors such as financials, basic materials and energy. They take a long-term approach and are not afraid to be radically different from their benchmark, which we applaud. The portfolio is highly concentrated with 30 to 45 stocks, however, these holdings will usually have large diverse international revenue streams, thereby mitigating risk.

Fund manager

Ben Peters, Chris Elliott

Lead manager Ben Peters has an MSc in Theoretical Physics from Imperial College London, as well as a Doctorate of Philosophy in Nano Electronics from the University of Oxford. Ben was appointed to the board of Evenlode’s parent company, Wise Group, in 2012, and became chief executive in 2015. When the group restructured in 2017, he also became chief executive of Evenlode Investments and retained his oversight role at group level. Ben is supported by co-manager Chris Elliott, who joined Evenlode Investments in 2015. Prior to this, he spent five years working as a senior software engineer at Oxford University Press following his graduation from Cambridge University with a Maths and Economics degree.

Fund performance

Documents

Key facts

  • Chelsea rating

    HOLD – please note that this was downgraded in autumn 2025

  • Core Selection

    No

  • Chelsea Risk Rating

    6

  • AMC

    0.55%

  • OCF

    0.55%

  • Unit Type

    Acc and Inc

  • Yield

    –

  • FundCalibre rating

    Elite Rated

How to invest

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  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
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Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.