Funds
Below is a list of funds that Gibraltar Asset Management regularly recommends. They are all traded on a stock exchange with tight spreads and can be bought and sold throughout the trading day. There are no subscription or exit fees levied by the fund management companies. The only cost related to buying and selling (bar stamp duty on some investment trust purchases) is the dealing commission levied by ourselves, as per our rate card.
The funds themselves have investment management and custody fees, which are reflected in the Total Expense Ratio (TER). The TER is expressed as a percentage and represents the annual cost of holding the fund, which is deducted from the fund’s assets. As an example, the Vanguard All-World ETF has a TER of 0.25%. A £10,000 investment in this fund will cost the shareholder £25 annually. The KID (Key Information Document) contains further information on the fund, including the level of risk.
We have conducted research on many of the recommendations and these notes are included for your information.
Equities
| Fund | Ticker | TER | Note | KID | Research |
|---|---|---|---|---|---|
| Ark Innovation ETF | ARKK ($) | 0.75% | An actively-managed ETF that provides exposure to companies that develop new products or Services in DNA Technology, Industrial Innovation, Next Generation Internet and Fintech | N/A |  |
| Dunedin Income Growth | DIG | 1.20% | Investment Trust investing in UK blue-chips | | |
| Edinburgh Worldwide | EWI | 1.02% | Invests in a portfolio of global small caps | | |
| European Assets Trust | EAT | 1.12% | Invests in European mid & small caps | | |
| Fidelity European Trust | FEV | 0.94% | Invests in European equities | | |
| Fidelity Special Values | FSV | 0.73% | Invests in UK equities which the Investment Manager believes to be undervalued | | |
| First Trust Global Equity Income ETF | GINC | 0.60% | Global income stocks combined with a ‘deep value’ approach | | |
| First Trust US IPO Index ETF | FPX | 0.65% | Tracks the 100 largest stocks on the US market, whose IPO dates back less than 1000 days | | |
| Global X China Consumer Discretionary ETF | CHIQ ($) | 0.65% | Invest in large and mid cap segments of the MSCI China Index that are classified in the Consumer Discretionary sector | N/A | |
| Global X Millennials Thematic ETF | MILN ($) | 0.50% | Invests in companies that have a high likelihood of benefiting from the rising spending power and unique preferences of the U.S. Millennial generation (birth years ranging from 1980-2000) | N/A | |
| Henderson EuroTrust | HNE | 1.07% | Invests in European large and mid caps | | |
| Henderson Far East Income | HFEL | 1.72% | Invests in Asia Pacific income stocks & writes options | | |
| International Biotechnology | IBT | 1.9% | Invests in high-growth biotechnology companies | | |
| Invesco Perpetual UK Smaller Cos | IPU | 1.14% | Invests in a broad cross-section of small to medium sized UK quoted companies | | |
| iShares Ageing Population ETF | AGES, AGED (€), AGED ($) | 0.40% | Diversified access to companies that specifically provide products or services to the world’s ageing population | | |
| iShares Automation & Robotics ETF | RBTX, RBOT (€), RBOT ($) | 0.40% | Diversified access to companies that are developing technology in the fields of automation and robotics | | |
| iShares Core Dax ETF | ESX1 (€) | 0.16% | Direct investment into the 30 largest and most traded companies in Germany | | |
| iShares Core FTSE 100 ETF | ISF | 0.07% | Targeted exposure to the 100 largest UK stocks | | |
| iShares Core S&P 500 ETF | CSP1 (£), CSPX ($) | 0.07% | Exposure to large cap US equities | | |
| iShares Emerging Markets ETF | IEEM, IEEM (€), IDEM ($) | 0.18% | Direct investment in a broad range of emerging markets companies | | |
| iShares Emerging Markets Minimum Volatility ETF | EMV, EMV (€), EMMV ($) | 0.40% | Diversified emerging markets exposure and seeks to minimise the market’s peaks and valleys | | |
| iShares Euro Stoxx 50 ETF | CS51, CSX5 (€), ISX5 ($) | 0.10% | Direct investment into the 50 largest Eurozone companies | | |
| iShares Euro Dividend ETF | IDVY, IDVY (€) | 0.40% | Exposure to diversified Eurozone companies with the highest dividend yields | | |
| iShares Eurostoxx Small ETF | DJSC | 0.40% | Direct investment into small capitalisation Eurozone companies | | |
| iShares Europe ex-UK £ Hedged ETF | EUXS | 0.40% | Diversified exposure to European companies, hedged back to GBP | | |
| iShares Europe Minimum Volatility ETF | IMV, MVEU (€), IMVU ($) | 0.25% | Diversified exposure to European companies and seeks to minimise the market’s peaks and valleys | | |
| iShares Europe Momentum Factor ETF | IEFM, IEMO (€) | 0.25% | Regional exposure with a focus on stocks that have been experiencing an upward price trend | | |
| iShares Europe SRI ETF | IESG | 0.20% | European cos screened for environmental, social & governance | | |
| iShares Global Sustainability Screened ETF | IGSG, IGSG (€), IGSU ($) | 0.60% | Exposure to a broad range of global companies which have been screened for their economic, environmental and social characteristics | | |
| iShares Global Water ETF | IH20 | 0.65% | Exposure to 50 global companies related to water businesses | | |
| iShares NASDAQ 100 ETF | CNX1, CNDX (€), CNDX ($) | 0.33% | Exposure to the NASDAQ 100 | | |
| iShares S&P 500 Financials Sector ETF | UIFS, QDVH (€), IUFS ($) | 0.15% | Exposure to the US financial services sector | | |
| iShares S&P 500 Minimum Volatility ETF | MVUS (£), SPMV ($) | 0.20% | Diversified exposure to US companies and seeks to minimise the market’s peaks and valleys | | |
| iShares UK Dividend ETF | IUKD | 0.40% | Exposure to 50 FTSE 350 companies with the highest yields | | |
| iShares USA Momentum Factor ETF | IUMF, QDVA (€), IUMO ($) | 0.20% | Direct investment in US companies that have been experiencing an upward price trend | | |
| iShares USA SRI ETF | SUUS, SUAS (€), SUAS ($) | 0.20% | Provides access to US markets through companies with outstanding Environmental, Social and Governance (ESG) ratings and minimal controversies | | |
| iShares World Minimum Volatility ETF | MINV, MVOL (€), MVOL ($) | 0.30% | Diversified exposure to developed companies and seeks to minimise the market’s peaks and valleys | | |
| iShares World Momentum Factor ETF | IWFM, IWMO (€), IWMO ($) | 0.30% | Global exposure with a focus on stocks that have been experiencing an upward price trend | | |
| iShares World SRI ETF | SGWS | 0.23% | Provides access to global markets through companies with outstanding Environmental, Social and Governance (ESG) ratings and minimal controversies | | |
| iShares World Value Factor UCITS ETF | IWFV, IWVL (€), IWVL ($) | 0.30% | Direct investment in global equities which are undervalued relative to their fundamentals | | |
| JPMorgan American | JAM | 0.86% | Invests predominantly in US blue chips | | |
| JPMorgan China Growth & Income | JCGI | 1.69% | Invests in companies from ‘Greater China’ | | |
| JPMorgan Euro Smaller Companies | JESC | 2.31% | Aims to provide capital growth from a diversified portfolio of smaller European companies | | |
| JPMorgan Global Emerging Markets Income | JEMI | 1.68% | Provides a diversified income-oriented way to tap into the growth potential of global emerging markets | | |
| JPMorgan Global Growth & Income | JGGI | 1.13% | Invests in global companies with an emphasis on yield | | |
| JPMorgan Japan Small Cap Growth & Income | JSGI | 1.35% | Invests in Japanese small caps & pays an attractive yield | | |
| Law Debenture Corporation | LWDB | 0.50% | Invests in predominantly UK companies with a high yield supported by its IPS business | | |
| L&G Russell 2000 US Small Cap ETF | RTWP, RTWO ($) | 0.30% | Exposure to US small caps | | |
| Mercantile Investment Trust | MRC | 1.44% | Invests predominantly in FTSE 250 stocks | | |
| Murray Income Trust | MUT | 1.15% | Invests in UK blue chips, mid & small caps and generates income by writing options | | |
| NewRiver REIT | NRR | 0.00% | Specialises in buying, managing and developing retail and leisure assets across the UK | N/A | |
| North American Income | NAIT | 1.19% | Aims to provide an above-average dividend income from S&P 500 companies | | |
| Polar Capital Technology | PCT | 1.74% | Invests in a diversified portfolio of technology companies from around the world | | |
| Scottish Mortgage | SMT | 0.79% | Invests in global equities and unquoted investments | | |
| Shires Income | SHRS | 1.89% | Invests in UK income stocks, preference shares & writes covered calls | | |
| SPDR UK Dividend Aristocrats ETF | UKDV | 0.30% | Invests in the 40 highest dividend-yielding UK companies that have followed a managed dividends policy of increasing or stable dividends for at least 7 consecutive years | | |
| Temple Bar | TMPL | 1.22% | Invests in FTSE 350 value stocks | | |
| Troy Income & Growth | TIGT | 1.07% | Invests predominantly in UK equities | | |
| Vanguard All-World ETF | VWRL, VWRL (€), VWRD ($) | 0.25% | Exposure to companies from developed and emg countries | |
Alternatives
| Fund | Ticker | TER | Note | KID | Research |
|---|---|---|---|---|---|
| 3i Infrastrucure | 3IN | 3.93% | Invests in a diversified portfolio of equity investments in entities owning infrastructure businesses and assets | | |
| Fair Oaks Income | FAIR ($) | 1.56% | Invests in US & European floating-rate senior secured bank loans | | |
| GCP Student Living | DIGS | 1.24% | Invests in purpose-built, private student residential accommodation | | |
| Greencoat Renewables | GRP (€) | 2.02% | Invests in renewable electricity generation assets in Ireland & Continental Europe | | |
| Greencoat UK Wind | UKW | 1.26% | Invests mostly in operating UK wind farms | | |
| HGCapital Trust | HGT | 2.0% | Invests in unquoted companies where value can be created through strategic & operational change | | |
| HICL Infrastructure | HICL | 1.37% | Invests in a diversified portfolio of lower-risk infrastructure investments | | |
| Hipgnosis Songs Fund | SONG | 2.82% | Invests in a portfolio of song royalties | | |
| Impact Healthcare REIT | IHR | 1.66% | Provides exposure to a diversified portfolio of healthcare real estate assets | | |
| JLEN Environmental Assets Grp | JLEN | 2.19% | Investment Trust invested in wind, solar, waste & water projects | | |
| Princess Private Equity Holding | PEY (€) | 4.25% | Invests in a diversified portfolio of private equity and private debt direct investments | | |
| Regional REIT | RGL | 2.83% | Real Estate Investment Trust investing in UK regional offices | | |
| Schroder European Real Estate | SERE | 4.89% | Invests in commercial real estate in Continental Europe | | |
| SLF Realisation Fund Ltd C Shares | SLFX | 1.75% | Invests in a diversified portfolio of equipment leasing and asset finance | | |
| Standard Life Private Equity | SLPE | 5.89% | Invests a diversified portfolio of private equity funds and private companies | | |
| Tritax Big Box REIT | BBOX | 2.40% | Invests in large logistics warehouses (Big Boxes) in the UK | | |
| Tritax Eurobox | EBOX, BOXE (€) | 5.53% | Invests in European distribution & logistics real estate assets | | |
| TR Property | TRY | 1.35% | Invests in listed pan-European real estate companies | |
Fixed Interest
| Fund | Ticker | TER | Note | KID | Research |
|---|---|---|---|---|---|
| BioPharma Credit | BPCR | 1.40% | IT investing in life sciences product-backed loans | | |
| CQS New City High Yield Fund | NCYF | 1.55% | Invests in high yielding fixed interest securities | | |
| CVC Credit Ptnrs Euro Opps | CCPG, CCPE (€) | 2.80% | IT investing in loans, high yield bonds & structured credit | | |
| GCP Asset Backed Income | GABI | 1.38% | Invests in a diversified portfolio of loans secured against assets across a range of sectors predominantly within the UK | | |
| Henderson Diversified Income | HDIV | 1.43% | Invests predominantly in a diversified portfolio of global fixed income assets including secured loans, government bonds, high yield corporate bonds (~60%), unrated corporate bonds, investment grade corporate bonds (~30%) and asset backed securities | | |
| Invesco Bond Income Plus | BIPS | 1.00% | IT investing in predominantly in high-yield bonds | | |
| iShares £ Ultrashort Bond ETF | ERNS | 0.09% | Diversified exposure to very short maturity sterling bonds | | |
| iShares Emg Mkts Local Gov Bond ETF | SEML, SEML (€), IEML ($) | 0.50% | Exposure to local ccy emerging market government bonds | | |
| iShares Global HY Corp Bond £ Hedged ETF | GYHS | 0.55% | Diversified exposure to high yield bonds, hedged to GBP | | |
| Real Estate Credit Investments | RECI | 2.45% | Invests in real estate debt secured by commercial or residential properties, primarily in the UK | | |
| Starwood European Real Estate Fund | SWEF | 1.76% | Invests in a diversified portfolio of real estate debt investments in the UK and the EU | | |
| TwentyFour Income Fund | TFIF | 0.86% | IT investing in European Asset Backed Securities | | |