03 Nov 2025
RSMR fund ratings are more than just a badge of quality — they represent trust, due diligence, and a reputation built on rigorous research and expert analysis. Every month we study the universe of funds in the investment marketplace to assess whether they meet our exacting standards and should be given the RSMR seal of approval.
Here are the new rated funds from our October review:
The Redwheel UK Equity Income Fund is distinguished by its disciplined, value-oriented approach, which prioritises long-term capital preservation and growth. Central to the strategy is a rigorous bottom-up process that seeks resilient businesses with strong balance sheets and attractive valuations, only investing when there is a significant margin of safety, typically requiring at least 50% upside to intrinsic value. This conservative stance helps mitigate forecasting risk and provides downside protection during periods of market stress. The fund’s concentrated, high-conviction portfolio, combined with strict risk controls and the flexibility to invest up to 20% outside the UK, enables it to exploit market inefficiencies and access underrepresented sectors. The investment team’s alignment with client interests and their repeatable, disciplined process further reinforce the fund’s credibility as a core holding for income or capital growth.
While the fund may lag during market phases dominated by momentum or growth stocks, its emphasis on quality and valuation positions it well for recovery and long-term outperformance. The managers’ refusal to chase short-term trends, instead trimming outperformers and avoiding value traps, ensures the portfolio remains focused and resilient. Over time, this steady compounding of value has delivered competitive returns, making the fund a compelling choice for investors seeking a robust, risk-aware strategy that complements both active and passive allocations.
Click here to read the factsheet for the TM Redwheel UK Equity Income Fund
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The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.