Special Situations Portfolio

The CF Miton Special Situations Portfolio is a global multi asset fund investing across the major asset classes as well as providing specialist exposure to investment trusts, direct equities, ETFs and structured products.

The fund is run by Trustnet Alpha manager, Martin Gray and James Sullivan.

In 2008, The Daily Telegraph rated Martin Gray as one of its top ten fund managers of the decade.

• A core, conservative fund offering a balance to more equity related portfolios
• Highly regarded fund manager, Martin Gray with over 30 years investment experience and who is a Trustnet Alpha manager for four consecutive years

The Special Situations Portfolio is a global multi asset fund with specialist exposure to investment trusts/direct equities/ ETFs and structured products. The fund is not constructed or managed against a specific index or benchmark.

The performance objective is to achieve long term returns above inflation over the course of a full investment cycle.

Martin Gray

Martin began his fund management career in 1979, he established the investment division of a UK authorised company in 1987, becoming a director in 1990. Martin joined Miton Investments as a fund manager and director in 1994 and has been responsible for the management of the Strategic Portfolio since launch in December 1996 and also the Special Situations Portfolio which was launched a year later. Martin has won numerous fund management awards including the coveted asset allocator of the year award. Martin became a manager of Arcturus in August 2008.

James Sullivan

James has worked in the finance industry since 1999 when he joined the investment team at the law firm Foot Anstey. The team then became the founder members of iimia plc in April 2002 when the law firm outsourced the investment operation. Rapid growth of the iimia business witnessed the merger with Miton Asset Management and Midas Capital. James was subsequently appointed as support manager to Martin Gray on Miton Special Situations and Miton Strategic. James is lead manager on the Miton Arcturus Fund.

The fund is structured with a core asset allocation coupled with some higher risk satellite assets to provide higher upside returns over a period of time. The fund has a consistent track record of protecting investor’s assets in difficult times, without losing out on the upside when markets rise.

Martin has considerable experience of investing in investment trusts and investors into the fund benefit from exposure to this asset class that is not widely available via balanced portfolios. The consistency of returns throughout various market conditions and superior long term track record make the fund suitable for long term investors looking for a core holding within their portfolio.