View more on these topics

Jupiter UK Growth Fund shows strong performance

For a fund that was launched on April Fool&#39s Day, the £250m Jupiter UK Growth fund has gained some serious respect.


Managed by Edward Bonham Carter, it has managed to climb to first position out of 91 funds in its sector when measured from its launch date, with a healthy return of 423.8 per cent.


More recently, while its performance is still solid, it has been hit by bad calls on banks in 1997 and a weighting towards the mid and small caps in 1998.


Over 5 years the fund is ranked second with a return of 131.2 per cent, over 3 years it is sixth with a return of 64.3 per cent and over 12 months it is tenth with a return of 6.3 per cent.


Bonham Carter took over the management of the fund, which was launched in 1988, at the start of 1995 and uses what he calls a combination of top-down and bottom-up approach.

Recommended

Scottish Widows launches three pension funds

Scottish Widows has extended its pension portfolio and launched three new pension funds. The European Pension fund, the US Pension fund and the Japanese Pension fund each invest solely in their respective unit trusts.

BVCA &#39business angels&#39 hit record highs in 12 months to June

The British Venture Capital Association has announced a record £25m of business angel investment for the 12 months to June 30 1998.The 398 registered business angels made 227 investments totalling £24.6m in 223 registered companies.The majority – 69 per cent – of investments were less than £50,000 with technology the most popular sector.Scotland, East Anglia, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment