The First Fundamental Tracker Fund Manager in the UK
Fundamental Tracker Investment Management is the manager of The Munro Fund
Fundamental Tracker Investment Management Ltd is a company dedicated to the investment philosophy of constructing tracker funds using measures other than price.
Until now tracker and index funds have only been constructed with reference to the market capitalisation of each constituent company. The market capitalisation is calculated by multiplying the number of shares a company has by its share price. So, if the share price goes up 10% so does the market value of the company. Sometimes, as in the dot com bubble, share prices rise simply because sectors and companies become popular. That can make them expensive and vulnerable to sharp collapses when sentiment changes. In few other walks of life do we assess things purely on price. We always seek to find some measure of quantity.
Our preference is to use a fundamental measure to assess companies.
Fundamental Tracker only runs one fund, The Munro Fund. It uses gross cash dividends to create a portfolio that is benchmarked to the FTSE 350 Total Return index. Follow the link in the footsteps to learn more about this unique fund.
Rob Davies' Munro Fund Blog otherwise known as the Munro Musings takes a regular look at the world of investments offering up to the minute comment and clarification.
Recent News The Financial Times has just published a new guide to ETFs and index funds that includes a description of the fundamental tracking process used by the Munro fund and the fundamental indices used by others. FTIM has a limited number of copies of the book available and will give a free copy to new investors in the Munro Fund while stocks last. All we need is evidence of the investment and we will send you a copy free of charge. See this page for details. |