Merian UK Smaller Companies Focus Fund R GBP Inc

UK Smaller Companies

Rated Fund 2017-2018. Set apart by team-based approach and investment process

Nick Williamson became lead manager of this fund at the start of 2016 and has had an almost perfect start to his portfolio management career. Barclays Wealth and Investments points to a 'spectacular 2017' thanks to the investment prowess of Old Mutual's highly regarded mid and small-cap team.What sets this fund apart from its peers are its team-based approach and its process. Most smaller companies funds are based on a bottom-up stock-picking approach with little regard to the economic backdrop, but the Old Mutual team takes account of both top-down views and fundamental analysis.

The team have a pragmatic and flexible investment approach with no rigid bias toward a 'value' or 'growth' style. Instead, they look to prevailing economic and market conditions and position the portfolio accordingly.Williamson says that the team effort helps to generate lots of ideas that can be investigated in greater detail. He looks for two things in particular. The first is stocks that offer 'structural' growth, which means they can grow no matter what the state of the economy. Then he looks for stocks that generate plenty of free cash. He like those because it gives companies the chance either to make acquisitions or to start paying dividends.The fund has at least 80 per cent in constituents of the Numis Smaller Companies index � the bottom 10 per cent of the UK main market by value. The advantage of this fund is that it is still relatively modest itself at around �350 million, so it can take some meaningful stakes in these companies.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Merian UK Smaller Companies Focus Fund R GBP Inc
Manager
Merian Global Investors (UK) Limited
Type
Open Ended Investment Company
ISIN
IE00BLP58G83
Sector
UK Smaller Companies
Launched
30/05/2014
OCF
0.83 %
Risk Rating
5
3 Year Sharpe
1.35
3 Year Alpha
14.70
Yield
0 %
Benchmark
Numis Smaller Companies ex ITs
Merian UK Smaller Companies Focus Fund aims to provide capital growth from investing primarily in an equity portfolio of UK smaller companies. Smaller companies are defined for this purpose as those companies which are quoted on a regulated market and which have a market capitalisation no greater than the largest company in the Numis Smaller Companies Index at the time of initial investment. The Numis Smaller Companies Index is designed to monitor the performance of the smaller companies sector.
Holding %
Blue Prism Group PLC 8.67 %
Fevertree Drinks PLC 5.34 %
Charter Court Financial Services Group PLC 3.45 %
Clinigen Group PLC 3.07 %
Microgen PLC 2.85 %
Ascential PLC 2.78 %
Marshalls PLC 2.77 %
Unlisted Equity 1 2.66 %
Onesavings Bank PLC 2.61 %
Boohoo Group PLC 2.59 %
Region %
United Kingdom 97.28 %
Sector %
Technology 25.23 %
Financial Services 19.00 %
Consumer Cyclical 16.38 %
Consumer Defensive 10.37 %
Industrials 10.10 %
Basic materials 6.68 %
Healthcare 6.42 %
Name
Merian Global Investors (UK) Limited
Address
EC4V 4AD, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Nick Williamson
Joined 01/01/2016

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.