Our Funds

Argonaut European Income Fund

The Ignis Argonaut European Income Fund managed by Oliver Russ is a high conviction, concentrated portfolio. It is biased towards high-yield companies whose intrinsic value is under-priced. The fund seeks to provide an income in excess of the yield of the MSCI Europe ex UK Index.

Argonaut European Enhanced Income Fund

The Ignis Argonaut European Enhanced Income Fund is the first fund designed to exploit the superior income potential that Europe offers, while hedging returns into sterling to remove currency risk. It follows the proven investment process of the £335m* Ignis Argonaut European Income Fund, but boosts the income generated by the underlying portfolio using covered call options**.

Argonaut European Alpha Fund

Managed by Barry Norris, the Ignis Argonaut European Alpha Fund's high conviction approach has delivered consistent outperformance. The fund is top decile since launch on 12/05/05, it has returned 84.5% compared to its sector average return of 37.7%***.

Argonaut Absolute Return Fund

Managed by Barry Norris, the Ignis Argonaut European Absolute Return Fund aims to provide absolute returns in sterling from European markets utilising a variety of asset classes and regardless of market conditions. The fund is a high conviction portfolio and can invest across the pan-European region.

* Source: Internal at 30/11/2011.
** The use of covered call options has the overall intention of enhancing income, although this outcome is not guaranteed, and may cap the potential for capital growth in a rising market.
*** Source: Lipper total return UK net in GBP to 30/11/11. Sector is the IMA Europe ex UK sector.

Past performance is not a guide to the future. The value of units and the income from them can go down as well as up and is not guaranteed. You may not get back the full amount invested. This information is for professional clients and investment professionals only and should not be relied upon by retail clients.