Senior Fund Manager, UK Equities
The LF Canlife UK Equity Fund aims to generate attractive long-term returns by investing in the equity of UK companies
LF Canlife UK Equity Fund
For further details on the objective and investment policy, visit the Literature section to view fund KIIDs and Prospectus.
How the Fund is managed
The Fund uses primarily a bottom-up stock selection process, but is flexible, pragmatic and mindful of prevailing macroeconomic and market conditions, for example; interest rates, commodity prices and inflation
The Fund has a quality-growth orientation investing in mid-cap companies as well as large-cap companies and tries to identify key structural growth trends and invest behind well-run companies in those areas. We believe this form of investing will outperform the general indices over the medium to longer term which is the aim of this Fund.
Active management targeting consistent long-term performance
Our managers believe that making active portfolio management decisions is the best way to deliver performance over the long-term. Investments are generally made with a medium to long term investment horizon in mind but holdings are adjusted according to market conditions. The Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Due to the underlying assets held, the price of the Fund is classed as having above average to high volatility.
The value of investments may fall as well as rise and investors may not get back the amount invested
Due to the underlying assets held, the price of the fund is classed as having above average to high volatility.
We don’t know yet, but preparing for an uncertain future is all part of a fund manager’s job. We asked Canada Life Asset Management’s managers and research specialists what UK investors might expect in 2021 and beyond.
Up until the covid-19 outbreak, the UK was in reasonable shape with low unemployment and improving real wages lead by a strong government willing and able to add fiscal stimulus to the economy.
2020 was not a good year for UK equities, which largely missed out on the tech-driven recovery rally seen in the US and Asia. The outlook for 2021 is potentially bumpy, but it could turn into a profitable year for investors in the UK’s undervalued companies.