Munro Fund celebrates three-year anniversary by topping £2m mark
Glasgow fund manager Rob Davies this week celebrated the third anniversary of his tiny Munro Fund, launched into the teeth of the financial storm and designed as the market’s first “passive dividend tracker fund”.
The fund has been hurt by BP and the relatively weak performance of heavy- weight blue-chips, but performance has rallied and it boasts low volatility.
Despite a relatively lowly ranking it is now attracting interest from institutions and wealth managers.
