Morningstar Fund Report  | 07/04/2025Print

VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation
Fund10.311.314.415.94.3
+/-Cat-----
+/-B’mrk-----
 
Category: Long/Short Equity - Other
Category Benchmark: -
Key Stats
NAV
04/04/2025		 GBX 310.10
Day Change -1.38%
Morningstar Category™ Long/Short Equity - Other
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B7FT1K78
Fund Size (Mil)
04/04/2025		 GBP 246.15
Share Class Size (Mil)
04/04/2025		 GBP 96.40
Max Initial Charge -
Ongoing Charge
31/12/2024		  0.87%
Investment Objective: VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation
To provide positive returns over a 3 year period, regardless of market conditions. The Fund will seek to achieve the investment objective by investing in a portfolio of stocks that is, at times, concentrated (meaning, at times, around 35 stocks). Typically, at least 50% of the Fund’s exposure to long and short equity positions (in aggregate, including equity derivatives) will be to companies of any size, in any industry, that are listed on any UK or European stock exchange.
Returns
Trailing Returns (GBP)04/04/2025
YTD1.06
3 Years Annualised9.72
5 Years Annualised10.01
10 Years Annualised5.92
12 Month Yield 1.23
Management
Manager Name
Start Date
Barry Norris
14/07/2012
Inception Date
14/07/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Targeted Absolute Return sector avg-
Portfolio Profile for  VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation-
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Top 5 Regions%
No Data Available
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
No Data Available
Increase Decrease New since last portfolio
VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  VT Argonaut Absolute Return Fund Class R (currency hedged) Retail GBP Net Accumulation
Category:  Long/Short Equity - Other
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.6512.8416.3110.3111.2614.4315.904.33
+/- Category--------
+/- Category Index--------
% Rank in Category-
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.38   --
1 Week-4.22   --
1 Month-4.88   --
3 Months-0.05   --
6 Months12.88   --
YTD1.06   --
1 Year3.27   --
3 Years Annualised9.72   --
5 Years Annualised10.01   --
10 Years Annualised5.92   --
 
Category: Long/Short Equity - Other
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20254.33---
202411.81-1.75-6.9213.34
20231.48-2.895.899.66
202210.971.82-4.573.19
20214.36-5.70-0.3512.48
202022.64-1.748.80-11.28
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Long/Short Equity - OtherClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.34 %
3-Yr Mean Return12.82 %
 
3-Yr Sharpe Ratio0.53
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Morningstar US 0-1 Core exYnk TR USD
3-Yr Beta-13.04
3-Yr Alpha-12.14
 
Investment Style Details-
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil) --
Market Capitalisation% of Equity
Giant-
Large-
Medium-
Small-
Micro-
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings--
Price/Book--
Price/Sales--
Price/Cash Flow--
Dividend-Yield Factor--
 
Long-Term Projected Earnings Growth--
Historical Earnings Growth--
Sales Growth--
Cash-Flow Growth--
Book-Value Growth--
 
Category: Long/Short Equity - Other
Asset Allocation-
 % Long% Short% Net Assets
World Regions-
 % of EquityRelative to Category
 
Category: Long/Short Equity - Other
Sector Weightings-
 % of EquityRelative to Category
 
Category: Long/Short Equity - Other
Top 10 Holdings-
 Portfolio NEW
Total Number of Equity Holdings-
Total Number of Bond Holdings-
Assets in Top 10 Holdings -
NameSectorCountry% of Assets
No Data Available
 
Increase Decrease New since last portfolio
Category: Long/Short Equity - Other
 
Management
Name of CompanyValu-Trac Investment Management Limited
Phone01343 880344
Websitewww.valu-trac.com
AddressOrton Moray IV32 7QE
 Orton   IV32 7QE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date14/07/2012
Fund Advisor(s)
Argonaut Capital Partners LLP
Fund ManagerBarry Norris
Manager Start Date14/07/2012
Education
1997, University of Cambridge, M.A.
1997, University of Cambridge, M.Ph.
 
Biography
Barry is the founding Partner of Argonaut Capital Partners. Prior to this he was Head of European Equities at Neptune where he managed the Neptune European Opportunities Fund. After graduating from Cambridge University in 1997, with an M.A. in History and a M. Phil. in International Relations, he joined Baillie Gifford as an Investment Analyst on the UK and European teams. He subsequently became responsible for selecting French stocks for European portfolios.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.87%
Purchase Details
Minimum Investments
Initial500  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes