Aberforth UK Small Companies Inc

Fund

Fund Info

  • Yield History3.06%
  • 3 Year sharpe0.60
  • 3 Year alpha2.26
  • Distribution Typeincome
  • BenchmarkNumis SC Ex Invt Com TR GBP
  • Legal StructureUnit Trust
  • Fund Size (month end)Unit Trust
  • OCF0.78%
  • SectorUK Smaller Companies
  • Manager GroupAberforth Partners
  • DomicileUnited Kingdom
  • ISINGB00B2N9GS70

Investment Strategy

The investment objective of the Fund is to seek to achieve a total return, calculated on an income reinvested basis, greater than the Numis Smaller Companies Index (excluding Investment Companies) over the long term, or, if that index is not available, another index which the Manager considers is comparable to the Numis Smaller Companies Index (excluding Investment Companies). The policy of the Fund is to invest in a diversified portfolio of small UK quoted companies. Small companies are those having a market capitalisation, at time of purchase, equal to or lower than the largest company in the bottom 10% of the main UK equity market or companies in the Numis Smaller Companies Index (excluding Investment Companies). This means an upper limit of £1,428 million market capitalisation at 1 January 2013, although this limit will change due to movements in the stockmarket.