Neptune Global Equity Fund A Accumulation
HL comment
Our view on this Fund
Despite the challenging conditions that characterised the first half of 2008, the fund had proven resilient by not owning banks and property stocks. More recently, the fund has been adversely affected by its exposure to Russia. Robin Geffen made a recent visit to the country to gain a first-hand perspective of the situation. Despite the fall in the oil price and political tensions, he believes the long term growth prospects remain sound.
12-11-2008
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: Neptune
Our view on this Fund Management Group as a whole
Neptune Investment Management was formed as an independent and privately owned company by Robin Geffen in May 2002. Since then, the group has launched a number of core and specialist funds and have built strong track records that compare extremely favourably to their respective peer groups. One of the attractions of the firm is that it has created a company structure where employees can own a stake in the business aligning the goals of the fund managers and staff with those of investors. With excellent performance across some of the funds, we believe the company has bright prospects looking ahead. CF (Capita Financial) is simply the administrator for this fund and has no involvement in the day to day management of the fund.
13-09-2007
HL sector comment: Global Growth
Our view on this sector
This sector contains a diverse mix of funds so check the investment strategy before you invest. Some funds can provide good all round exposure to world markets, allowing investors to benefit from a wide range of economies, others are more specialist. The credit crunch has affected world markets and this will be reflected in fund returns.
20-11-2008