UK Core

The UK Equity Core Strategy invests for at least five years in a range of carefully selected, high-quality British businesses which we believe have the potential to deliver superior earnings growth. 

We aim to outperform the FTSE All-Share Index by at least 1 per cent per annum over rolling five-year periods. 

To achieve this, we aim to identify well-managed, high-quality growth companies which enjoy sustainable competitive advantages. We seek out businesses that have the potential to deliver superior earnings growth over many years and hold onto them long enough for their strengths to emerge as the dominant influence on share prices.  

We also take stewardship seriously, meeting with management and boards regularly, voting thoughtfully at general meetings and advocating for change where needed. 

The portfolio has between 45-65 holdings. Therefore, it looks different to the broader UK equity index and has a high active share.  

This is because we believe that to add value over the long term, we need to take a differentiated approach.  

Given this is a core portfolio, it has a diverse blend of exposure to different types of growth companies – some will grow very rapidly, others will compound over time. Though we can group our holdings into several exciting themes, we aim to have a broad exposure to all.