SCM Private's performance figures clearly show investors have a credible alternative to the traditional active or passive investment strategies. SCM Private's robust investment strategy utilises passive instruments (ETFs), actively managed by Alan Miller.
SCM Private - Performance
Long Term Portfolio (£)
| SCMP Long Term Portfolio Return (£) net (amc+ performance fee)* | FTSE (£) APCIMS Private Client Balanced Portfolio | IMA Balanced Managed Sector | |
|---|---|---|---|
| From inception 8th June 2009 - 30th June 2010 inc. | +16.2% | +14.6% | +14.8% |
After 0.75% annual management charge + performance fee of 5% of annual gain
Absolute Return Portfolio (£)
| SCMP Absolute Return Portfolio (£) net (amc+ performance fee)* | HFR (£) Hedge Fund Index | IMA Absolute Return Sector | Cash | |
|---|---|---|---|---|
| From inception 8th June 2009 - 30th June 2010 inc. | +13.5% | +6.6% | +5.1% | +0.6% |
After 0.75% annual management charge + performance fee of 5% of annual gain
Growth of SCM Private
Growth in assets under management has been as follows:
| Q3 2009 | +53% |
|---|---|
| Q4 2009 | +93% |
| Q1 2010 | +48% |
| Q2 2010 | +66% |
Notes
*Performance is shown after all fees and deductions including estimated performance fees and is based on the performance of the first client discretionary portfolio from inception on 8th June 2009 to 30th June 2010 (inclusive). Calculations are based on returns provided by Pershing Securities Ltd, Morningstar and Bloomberg LLP.
All SCM Private clients follow the same model portfolios. Individual client portfolios may differ principally as a result of the timing of cash flows in or out of each portfolio. The asset allocation of the SCM Private Absolute Return (£) and Long Term (£) discretionary portfolios has been within the relevant IMA sector guideline parameters. Discretionary portfolios are not subject to the same regulatory constraints as UCITS and other regulated funds. Performance can be affected by currency fluctuations. Past performance is no guarantee of future performance and values of investments can go down as well as up.
The SCMP Long Term (£) Benchmark consists of 42% UK Equities, 28% Overseas Equities, 15% UK Gilts, 7.5% Index-Linked, and 7.5% cash.
The SCMP Absolute Return (£) Benchmark is cash (the return of LIBOR 1 month £ cash).
Important Information
Risk and performance can change over time. Past performance is not a guide to future performance. Up-to-date information can be obtained from SCM Private on the contact area of this website. All opinions are correct as of the date of this release and are subject to change without notice. Please note that nothing in this document should be interpreted as financial advice.
