Each month, fund distribution specialist AVI assesses the whole market and highlights a fund that advisers should be monitoring.
This month, the team has selected The Unicorn UK Income Fund.
Unicorn Asset Management is an independent specialist small to mid-cap UK equity managers founded in 2000. Typically, the team looks outside of the mega caps where it believes it can add value, running concentrated portfolios of between 40-50 stocks.
With over 100 years’ collective experience, the team identifies under-researched, under-brokered companies by employing traditional and old-fashioned principles. It does so by investing in cash generative, profitable businesses, run by solid management teams, and operating in niche and growing markets.
The fund is currently overweight towards financials, industrials and positioned towards a UK domestic recovery. The fund has returned 176% since launch vs. 89% (UK Equity Income sector), ranking it 1st out of 58 funds.