Fact sheet: CF Miton UK Smaller Companies

Fund information
Fund name
CF Miton UK Smaller Companies B Acc
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund managers
  • Martin Turnersince 14/12/2012
  • Gervais Williamssince 14/12/2012
Fund objective
The fund aims to achieve long-term total returns by investing primarily in UK quoted smaller companies. The fund offers no element of capital preservation and no guarantee of a positive return.The fund considers UK quoted smaller companies to be those that: are incorporated in the UK and/or have most of their operations in the UK; are listed on a stock exchange; and have a relatively low market capitalisation.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
20.6%
1 Year rank in sector
44/49
Sector
UT UK Smaller Companies
Yield
0.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.87%
Fund size
£180m (£159m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
74
Mid price
233.58
Top in this sector
Fund name1 Year
TM Cavendish AIM42%
Threadneedle UK Sm Cos40.8%
Jupiter UK Smaller Companies40.4%
Old Mutual UK Sm Cos39%
Castlefield UK Sm Cos36.3%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK91.3%
    Others6.6%
    Iceland2%
  • Software18.7%
    Semi Conductors9.1%
    Capital Goods6.7%
    Materials6%
    Energy5.8%
  • UK Equities91.3%
    Others6.6%
    European Equities2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%4.4%4.2%20.6%39.9%-
Sector-1.2%2.4%5.4%28.7%54.1%111.8%
Rank within sector1 / 518 / 5035 / 4944 / 4940 / 48-
Quartile1st1st3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund17.2%4.2%15%1.3%57.3%
Sector21.8%7.7%14.2%-1.9%37.4%
Rank within sector40 / 4938 / 4829 / 4819 / 472 / 46
Quartile4th4th3rd2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.53
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.83
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.87
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.77
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.8
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.84
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.78
Price movement
52 week high237.62
52 week low193.53
Current bid price-
Current offer price-
Current mid price233.58
Region
1UK91.32%
2Others6.64%
3Iceland2.04%
Industry sector
1Software18.66%
2Semi Conductors9.14%
3Capital Goods6.74%
4Materials6.04%
5Energy5.82%
6Consumer Services5.47%
7Financials5.1%
8Services5.08%
9Hardware5.07%
Asset type
1UK Equities91.32%
2Others6.64%
3European Equities2.04%
Individual holdings
1IQE PLC4.91%
2YU GROUP PLC3.37%
3CROSSRIDER LTD3%
4ZOTEFOAMS2.76%
5CERILLION PLC2.67%
6CONYGAR INVESTMENT CO(THE)2.58%
7STM GROUP PLC2.49%
8COATS GROUP PLC2.26%
9KROMEK GROUP PLC2.01%
Management
Fund manager group
Miton
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund objective
The fund aims to achieve long-term total returns by investing primarily in UK quoted smaller companies. The fund offers no element of capital preservation and no guarantee of a positive return.The fund considers UK quoted smaller companies to be those that: are incorporated in the UK and/or have most of their operations in the UK; are listed on a stock exchange; and have a relatively low market capitalisation.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Martin Turner14/12/2012Martin Turner joined Miton Group plc in May 2011. Martin's career in the City began in 1995 where he qualified as a Chartered Accountant with Arthur Andersen. He moved to Rothschild and in time on to Head of Pan European Mid and Small Caps Sales at Merrill Lynch. Following this, Martin was Head of Sales at Teathers/Landsbanki before taking the Head of Small/Mid Cap Equities role covering research, sales and trading at Collins Stewart. Martin graduated from Warwick University with a degree in Accounting and Financial Analysis. Martin is Fund Manager of the CF Miton UK Multi Cap Income Fund, CF Miton UK Smaller Companies Fund, the Diverse Income Trust plc, The Investment Company plc and Miton UK MicroCap Trust plc
Gervais Williams14/12/2012Gervais Williams joined Miton Group plc in 2011. He manages a number of funds and trusts that aggregate to over £1bn. He is also Senior Executive Director at Miton Group plc. His fund management career extends over 30 years including 17 years at Gartmore Group Ltd, where he was head of UK Small Companies investing in UK smaller companies and Irish equities. Gervais is a member of the AIM Advisory Council, chairman of the Quoted Companies Alliance and a board member of The Investment Association. He is also on the EU Taskforce reviewing why the number of smaller IPOs has declined over recent decades. Gervais Williams published his first book 'Slow Finance' in the autumn of 2011, and his second book 'The Future is Small' was published in November 2014. His most recent book 'The Retreat of Globalisation' was published in December 2016. Gervais is Fund Manager of the CF Miton UK Multi Cap Income Fund, CF Miton UK Smaller Companies Fund, Miton Income Fund, Diverse Income Trust plc, The Investment Company plc and Miton UK MicroCap Trust plc. He was awarded Fund Manager of the Year 2014 by What Investment.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Miton UK Smaller Companies A Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price225.18
CurrencyGBX
Price updated17/11/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0YO
CF Miton UK Smaller Companies A Inc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price224.77
CurrencyGBX
Price updated17/11/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI0YP
CF Miton UK Smaller Companies B Acc
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price233.58
CurrencyGBX
Price updated17/11/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0YQ
CF Miton UK Smaller Companies B Inc
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price228.49
CurrencyGBX
Price updated17/11/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0YR
Data provided by

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