INVESTING SHOW: Blue Whale Growth fund backed by Peter Hargreaves is up 17% in a year - manager Stephen Yiu explains how it beat the market

The Blue Whale Growth fund has made headlines since its launch in 2017 thanks to its backing from Peter Hargreaves.

But while the Hargreaves Lansdown co-founder's name has certainly helped put the fund on investors' radars, its performance is doing so too.

Blue Whale Growth, managed by ex-Hargreaves Lansdown man Stephen Yiu, is up 16.7 per cent over the past twelve months and is the third best performing global fund, according to FE Trustnet.

Blue Whale's performance is all the more impressive considering the average IA global fund is up 1.3 per cent over the past 12 months. 

It holds a relatively small selection of shares, currently just 28 different stocks, and aims to buy great companies and invest and hold at an attractive price, but also constantly re-evaluate both those elements.

Blue Whale's manager Stephen Yiu joined us on the latest Investing Show to explain what that means in practice, what a great company is and why he thinks both Amazon and Adidas fit the bill.  

THE INVESTING SHOW

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