3rd February 2017 - Polar Capital's long-anticipated UK Value fund was finally launched this week and is now available on the Chelsea FundStore.
The fund has been launched for the fund manager duo Georgina Hamilton and George Godber, who previously ran the Miton UK Value Opportunities and Miton Undervalued Assets funds before they left Miton to join Polar Capital in April last year.
Hamilton, who had a shorter notice period, will run the fund alone for the first few months until Godber arrives at the firm in April.
The annual management charge on the new fund will be 0.75% and there will be a performance fee of 10%. The fund will invest in unloved companies of all sizes, with shares prices which, in the view of the managers, are temporarily depressed and therefore offer good value opportunities.