Most recently, LF Gresham House UK Multi Cap Income fund. Previously LF Livingbridge UK Multi Cap Income fund
This is a concentrated multi-cap income fund with a bias towards smaller companies. Under manager Ken Wotton, who also runs the highly successful Gresham House UK Micro Cap fund, the WS Gresham House UK Multi Cap Income targets an initial yield of 4%.
Ken Wotton
Ken graduated from the University of Oxford and began his career as a chartered accountant at KPMG. He spent five years working as a sell-side analyst for Commerzbank before moving to Evolution, were he covered small-cap telecoms and technology. Ken joined Livingbridge, now Gresham House, in 2007 and heads up the company’s quoted investment activity. He is supported by co-manager Brendan Gulston who joined in 2015.
This fund has a strong process and benefits from Ken’s unrivalled expertise in the small-cap space. We think the fund can deliver for investors over the long-term in the same way WS Gresham House UK Micro Cap fund has. This makes the fund a compelling choice for those looking for a combination of capital appreciation and an attractively growing income.
£590.4m
Buy
No
7.5
0.75%
0.82%
Acc and Inc
4.45%
Elite Rated
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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.
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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.
