Marlborough Multi-Cap Income Cell
Overview
Marlborough Multi-Cap Income is a cell of Marlborough International Fund PCC Limited, a Guernsey-domiciled collective investment scheme which acts as a feeder fund into the UK-domiciled Marlborough Multi Cap Income fund.
Marlborough Multi Cap Income is a UK equity income fund that takes a different approach. Instead of focusing on the same limited number of FTSE 100 giants that dominate so many equity income portfolios, manager Sid Chand Lall identifies the strongest opportunities across the market cap spectrum.
While he does hold FTSE 100 stocks, he has a bias to faster-growing small and mid-cap dividend-paying companies in the FTSE 250,AIM, FTSE SmallCap and FTSE Fledgling indices. This increases the number of opportunities from around 90 stocks to approximately 700.
As well as benefiting from the superior long-term growth potential of smaller companies, this multi-cap strategy allows the construction of a portfolio far more broadly diversified by industry sector and market capitalisation than is possible for a fund focused primarily on the main divided-paying companies in the FTSE 100. To help manage stock-specific risk, the portfolio is diversified across more than 100 companies, with even the largest positions usually only representing 3%-3.5% of the fund.
Risk Warning
Data Source: FE Fundinfo. Capital is at risk. The value and income from investments can go down as well as up and are not guaranteed. An investor may get back significantly less than they invest. Past performance is not a reliable indicator of current or future performance and should not be the sole factor considered when selecting funds. All funds show 5 discrete years performance unless the Fund inception date is less than 5 years. All Fund data is the latest available from FE Fundinfo.
Risk Warning
Data Source: FE Fundinfo. Capital is at risk. The value and income from investments can go down as well as up and are not guaranteed. An investor may get back significantly less than they invest. Past performance is not a reliable indicator of current or future performance and should not be the sole factor considered when selecting portfolios. All portfolios show 5 discrete years performance unless the portfolio inception date is less than 5 years. All portfolio data is the latest available from FE Fundinfo. Investment Association (IA) sectors are provided for comparison and illustration purposes only. We have chosen the IA sector that most closely matches the portfolio, in limited instances the allocations of the portfolio may fall outside the boundaries of the relevant IA peer group.
Risk Warning
Data Source: FE Fundinfo. Capital is at risk. The value and income from investments can go down as well as up and are not guaranteed. An investor may get back significantly less than they invest. Past performance is not a reliable indicator of current or future performance and should not be the sole factor considered when selecting portfolios. All portfolios show 5 discrete years performance unless the portfolio inception date is less than 5 years. All portfolio data is the latest available from FE Fundinfo. Investment Association (IA) sectors are provided for comparison and illustration purposes only. We have chosen the IA sector that most closely matches the portfolio, in limited instances the allocations of the portfolio may fall outside the boundaries of the relevant IA peer group.