Square Mile Investment Consulting & Research (Square Mile) has added the Majedie UK Equity Fund to its Academy of Funds, awarding it an AA rating. Housed within a dedicated section on the Square Mile website and free for all advisers to access, recommended funds carry a rating - A, AA, or AAA - as a mark of quality and a reflection of the level of conviction Square Mile has in a fund's ability to deliver on expectations.

Andrew Johnston, Investment Research Analyst said of the Majedie UK Equity Fund, "This impressive strategy is rather unusual in that it has a multi-manager approach, with five managers managing four buckets, three of which invest in the FTSE 350 and one in UK smaller companies. Using both macro perspectives and fundamental stock-picking the managers aim to build a portfolio that will consistently outperform the market, regardless of the investment backdrop.

This is arguably one of the harder performance objectives for it is not beholden to, or excused by, any particular investment climate or style. The vastly experienced team, some of whom have been together since the late 1980s, have a deeply collegiate approach. We regard this as a superior UK All Companies investment strategy and one that could be considered as a backbone for the UK equity component of portfolios."