The MI Hawksmoor Vanbrugh Fund 

Fund Information 


Investment Objective

The investment objective of the Fund is to provide capital growth and income. 

Investment Policy

The Fund’s portfolio will consist primarily of a diversified range of open and closed ended funds. The portfolio will be actively managed, with the investment manager seeking to take advantage of inefficiencies in the pricing of closed ended funds and significant movements in the financial markets. Through its investments in these collectives, the portfolio will be exposed to a range of asset classes (such as equities, bonds, property and commodities), underlying currencies, geographic spread and funds managed by a variety of fund management groups and style of investment manager. 

Investment Outcome 

The Fund’s primary aim is to deliver returns, after charges, in excess of CPI over the medium term (defined as rolling periods of 3-5 years). In striving to achieve this target, the managers seek to strike the right balance between the need to generate positive real returns and preserve capital by investing in a variety of financial assets which can be volatile. The managers will seek to mitigate against this volatility by ensuring a diversified portfolio of assets, each of which share the common characteristics of a margin of safety and low intra-asset correlations. However, investors may see fluctuation in the value of their investment over the short term, so they need to share the managers’ long term perspective in order to increase the likelihood of superior long term total returns. Whilst there is no yield target, the Fund will always contain an allocation to bonds and other income producing assets, so some income generation is likely. 


Hawksmoor Data.PNG

Source: FE Analytics. All figures are presented after charges and fees plus any income credited during the period, on a total return basis, bid to bid in GBP. All information is at 31/07/2020 for the C Acc share class unless otherwise stated. C Acc share class launched 14/03/2014 so performance history extended to first share class launch date. Scatter chart data from launch on 18/02/2009.

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Administration Costs 

Including charges of the Authorised Corporate Director, Administrator, Depositary etc


Annual Management Charge 

The only charge that Hawksmoor receive for the management of the Funds 


Debt issued by a company (corporate) or government (sovereign) in order to raise money 


Hard assets that can be traded such as gold, oil or wheat 


Shares in a company 

Historic Yield 

The last two biannual dividends divided by the month end price 

Incidental Costs 

The performance fee on the Fund if it exists - our three Funds (Vanbrugh, Distribution and Global Opportunities) do not have performance fees 


The Ongoing Charge Figure (OCF) is the estimated annual charge for investing in a Fund 


An Open-Ended Investment Company is a type of investment vehicle that can vary in size and invests in other companies or funds 

Payment Date 

The date on which investors in the Income share class receive income payments 

Transaction Costs 

The charges associated with buying and selling the underlying holdings 

Underlying Fund Costs 

The charges of the underlying holdings, excluding listed investment trusts 

XD Date 

The date on which all of the income that has been received by the Fund since its last XD date is due to investors in the Income share class on the Payment Date 

Risk warnings and other information 

This financial promotion is issued by Hawksmoor Fund Managers which is a trading name of Hawksmoor Investment Management (“Hawksmoor”), the investment manager of the MI Hawksmoor Vanbrugh Fund (“Fund”). Hawksmoor is authorised and regulated by the Financial Conduct Authority. Hawksmoor's registered office is 2nd Floor Stratus House, Emperor Way, Exeter Business Park, Exeter, Devon EX1 3QS. Company Number: 6307442. The Fund’s Authorised Corporate Director, Maitland Institutional Services Ltd (“Maitland”) is also authorised and regulated by the Financial Conduct Authority. This document does not constitute an offer or invitation to any person, nor should its content be interpreted as investment or tax advice for which you should consult your financial adviser and/or accountant. The information and opinions it contains have been compiled or arrived at from sources believed to be reliable at the time and are given in good faith, but no representation is made as to their accuracy, completeness or correctness. Hawksmoor, its directors, officers, employees and their associates may have a holding in the Fund. Any opinion expressed in this document, whether in general or both on the performance of individual securities and in a wider economic context, represents the views of Hawksmoor at the time of preparation and may be subject to change. Past performance is not a guide to future performance. The value of an investment and any income from it can fall as well as rise as a result of market and currency fluctuations. You may not get back the amount you originally invested. Please read the Prospectus and the relevant version of the Key Investor Information Document (“KIID”) which can be found on our website www.hawksmoorim.co.uk before making an investment. All information is at 31/07/2019 for the C Acc share class unless otherwise stated. C Acc share class launched 14/03/2014 so performance history extended to first share class launch date. HA3419. 

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