THE MOST PERFORMANCEFOCUSED

Performance-focused That’s also the perfect way to describe Charlie and his role as Chairman of the Mach 1 Fund Afterall, he’s been performance-focused his entire career Whether serving as the Deputy Head of Equities and CoPortfolio Manager of the Industrial Share Fund for Perpetual, or the Head of Fundamental Equities for Blackrock, Charlie has always been laser focused on fund performance and results. And when you think about the Mach 1 Fund’s motto of “Results Before Romance” you start to see why Charlie is the perfect fit

Choosing someone who professes “not to be a car guy” to be the Chairman of a dedicated car fund might seem a bit wayward at first – until you get to know Charlie Lanchester. Then, you come to realise that Charlie has a very particular set of skills. Skills he acquired over a very long and successful career. Skills that make his knowledge of cars inconsequential to people like us.

Highly Specialised P 2 0 C T i M A C H 1 F U N D

Jaguar’s Special Operations team exists to develop a suite of products and services that enable the most discerning enthusiast to indulge their passion for the Jaguar marque In the Project 7, the team captures that spirit in its purest form, producing a car that is a product of pure passion and the pinnacle of Jaguar performance The name is inspired by the marque’s seven Le Mans wins between 1951-1990, and the car has just this purpose: to be driven fast and loud.

Here again, I can see the parallels. Having Charlie, a seasoned investor and fund manager on the CHROME TEMPLE team, has produced a purposeful, highly skilled, agile and powerful Board It’s like having our very own “special operations team" who enable investors to fuel their passion in a financially rewarding way.

Charlie pursued a career in fund management and investing as a graduate trainee at Schroders in London when a delightful interviewer in his 50s directed him to a career as a fund manager. What continues to drive him professionally is his passion – he loves investing. And when he delves into it, you can feel the enthusiasm emanating from his words as he describes how investing provides him the means to find and help great people that are investing back into their businesses for the long term.

Investing has always been an avenue for change and personal and professional growth for Charlie. Whether it’s building a business with the team at Perpetual (a professional highlight for him) or being in- volved with the Mach 1 Fund, Charlie just wants to help others achieve great financial outcomes

But according to Charlie, there’s something that sets the Mach 1 Fund apart – “The Mach 1 Fund is a rare opportunity to acquire some scarce real world assets that will gradually turn from being used as cars to being appreciated as last in the line works of art. I believe the returns profile of the Fund is very promising and that’s why I personally invested in the Fund, but the chance for enthusiasts to enjoy them is a truly unique feature about this investment class - investors have the ability to look and touch these cars that are being so well looked after at CHROME TEMPLE’s storage facility And they’re given this wonderful opportunity to be part of the CHROME TEMPLE community that is bringing together some great like-minded interesting people around a shared passion.”

But as much as Charlie appreciates that the Fund allows investors to indulge in their passion, when it comes to his role as the Chairman, his focus on performance and love for investing shine through most strongly.

“Whilst you [Lex] and the rest of the team have a genuine passion for collectible cars, we are focused on returns ahead of emotion and that is a major reason I joined the team – well that and the great people involved. We are taking this professional approach to an industry that is dominated by amateur passion investors and as a result, this should lead to superior returns”

And that it has The transition to scarcity for many of these cars is only just beginning As Charlie rightly points out, we have already demonstrated our team’s skill in acquiring the right vehicles at the right price. Like the rest of us, he is thrilled to see the early excellent track record of the Fund And what’s even more exciting for the guy who loves investing is that there is plenty of upside still to come.

When you think of a luxurious British car with an undeniably sporty character, Jaguar is the most likely brand that comes to mind. Sporty sophistication is another way to describe Charlie, who for all the formality of investment banking, likes nothing better than a swing of golf and surfing good waves So much so that when I asked what his parallel universe job would be, he said an adventure tour organiser (surf, golf or ski). Seriously.

He likes adventure travel so much that his favourite car at the moment is his camper van. Now, I realise that the image of a surf nomad is not something you’d normally expect from a traditional investment banker But that is Charlie - as skilled and passionate about his professional pursuits as his personal interests.