Diversified Opportunities Fund - September Update

Press release -

The Fund fell by -0.85% over the period from 24th August up until the 1st October, taking the NAV for the ‘B’ class down to £1.4615.

Fund Update

The Fund fell by -0.85% over the period from 24th August up until the 1st October, taking the NAV for the ‘B’ class down to £1.4615. 

UK equity markets closed the period down by around 1%, having experienced some notable weakness mid-month. The market was broadly driven lower by ongoing global trade tensions, before rallying towards month end on renewed sterling weakness and rising oil prices. Brent crude passed US$82 per barrel at month end, driven higher by looming US sanctions on Iran. Meanwhile the pound weakened against the US dollar and euro on the back of increased fears of a hard-Brexit. Within the Fund, JO Hambro UK Growth was a noteworthy performer, adding 1.23%.

For the full update please click here​ (PDF 123 KB)

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