Rensburg and Skandia’s UK best ideas vehicles have recorded top-quartile performance since their launches in autumn 2006.
Rensburg’s UK manager focus trust reached its one-year mark on Tuesday, with the portfolio 28th out of 281 funds in the UK All Companies sector since launch, while Skandia’s version is 22nd out of 283 since its launch in October 2006.
Skandia UK best ideas takes picks from 10 UK managers while Rensburg gets exposure to small, mid and large caps from its four UK managers Mark Hall, Colin Morton, Stuart Sharp and Paul Spencer running 25 per cent of the portfolio each.
Hargreaves Lansdown head of research Mark Dampier says: “Both funds are top performers. Rensburg’s reflect the strength of the UK team while Skandia’s is the best of the best in the industry. It proves that despite some uncertainty, the funds are more than a marketing gimmick.”