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Majedie Asset Management Tortoise I Acc

Ranked 66 out of 170 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Tom Morris

Tom Morris is a fund manager and analyst with nine years’ investment experience in UK and international equity markets at Majedie Asset Management. Morris is responsible for co-managing both the Global Equity and Global Focus funds and also the Tortoise fund. Morris holds an MSc in natural sciences, specialising in physics, from St Catharine’s College, Cambridge. He is a CFA charter holder.

Matthew Smith

Matthew Smith is a fund manager and analyst with 24 years' investment experience in UK and international equity markets at Majedie Asset Management. He is responsible for lead managing the Tortoise fund and co-managing both the UK Equity and UK Focus funds. Before joining Majedie in 2006, Smith had been a director at Deutsche Bank, where he was Pan European Support Services Analyst. Until 2004 he was a director and transport analyst at Credit Suisse. Prior to that, he was a fund manager and analyst at NPI, where he managed the NPI UK Extra Income Unit Trust. Smith joined NPI in 1994. He holds a BS in geophysics from the University of Southampton.


The Fund aims to achieve positive absolute returns in all market conditions through investment primarily in long and synthetic short positions in equities over rolling three-year periods with less volatility than a conventional long-only equity fund. The Fund will hold a maximum of 60 long positions, representing an overall net position of up to 100% of NAV. No more than 10% of the NAV will be invested in any one security. The Fund may invest in the equity securities of companies incorporated anywhere in the world.Investments will primarily be in equity securities listed on eligible markets or exchanges located in EEA Member States, Australia, Canada, Hong Kong, Japan, New Zealand, Switzerland or the United States of America.

Showing fund performance in Singapore View performance globally


Long/Short Equity over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.7% 2.0% -4.6%
2017 -14.7% -2.6% -8.7% 0.3% -4.4%
2016 9.2% 0.5% 4.1% -0.8% 5.2%
2015 -3.3% 8.6% -1.2% -6.5% -3.5%
2014 7.1% 3.8% 1.5% -0.3% 2.0%
2013 12.1% -1.9% 3.7% 7.1% 2.9%
2012 8.8% 0.2% -0.1% 3.2% 5.3%
2011 -0.5% 13.1% 0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Italy
  2. Spain
  3. Switzerland
  4. United Kingdom

Fund Info

  • Launch date10/01/2011
  • Share Class size26Mn
  • Base currencyEUR
  • ISIN IE00B3W6GN15

Purchase Info

  • Min. initial investment600,000
  • Min. regular additional investment120,000


  • Annual management1.50%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).