Overview
Latest factsheetThe Evenlode UK Select Fund aims to deliver for clients, over rolling periods of five years, attractive annualised capital returns. The Evenlode investment team aim to achieve this by investing in the shares of companies with market-leading positions, cash generative economics and attractive long-term growth potential. The fund will always be at least 80% invested in the shares of high-quality UK-based companies, but with revenues generated from a well-diversified range of geographies.
The Evenlode UK Select Fund follows the Evenlode Investment Philosophy and Process, which is common to all of our funds, but is designed for investors who wish to prioritise capital growth.
Key details
Fund attributes
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Emphasis on sustainable real capital growth
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Focus on companies with high returns on capital and strong free cash-flow
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Low portfolio turnover, long-term holding periods
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Minimum of 80% in UK shares and up to 20% in overseas shares and/or cash
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Invests across the market-cap spectrum
Latest factsheet commentary
Latest investment views
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Newsletter - October 2026
Renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns, lifting government bond yields across developed markets. The Federal Reserve responded to the inflationary pressures by raising rates for the first time since mid-2023, and investors spent the rest of the month debating when a further rise would follow.
Evenlode UK Select
Evenlode Global Dividend Fund
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Following the free cash flow
Interim results left Evenlode UK Select with robust portfolio fundamentals but a modest year-to-date return, as earnings progress was offset by valuation de-rating. However, cash generation, shareholder distributions, quality compounders, and new holdings continue to provide an attractive long-term compounding opportunity.
Evenlode UK Select
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Interim results round up
We have been in the thick of interim results season over the last month and have now heard from more than 85% of the portfolio and met with a plethora of management teams. Good fundamental growth is coming through, and several companies upgraded guidance for the year. The aggregate portfolio is forecast to grow earnings per share by at least +10% for the current year.
Evenlode UK Select