We are delighted to announce a new investment opportunity to our valued clients – the Crux European fund, managed by renowned investor Richard Pease.
Crux European aims to identify high quality businesses that are cash generative and have the ability to dominate their niche. It has a concentrated portfolio of 40 to 50 stocks, with a large-cap bias and the flexibility to invest up to 10% in global stocks. Richard does not have strict investment rules to follow and is allowed to make decisions based on his own knowledge and vast experience.
The fund is available in both an accumulation and income share class. It is anticipated that the fund will yield approximately 2.5 – 3.5% but income will not be the principal objective of the fund.
Chelsea View
Many of you who invested with Richard Pease in Jupiter European or Henderson European Growth (formerly New Star) will know that he is a highly successful and experienced fund manager. We feel that the Crux European fund could be considered as a core European holding.
The fund launched on 12th October and Chelsea clients have 0% initial charge and will also receive an exclusive discounted annual management charge of 0.70% (usual AMC 0.75%).
Three easy ways to invest:
Please ensure that you understand the risks and read the enclosed Key Investors Information Document (KIID) before investing. If we can be of any assistance, please contact one of our experienced and helpful staff on 020 7384 7300.