RIVER AND MERCANTILE UK EQUITY SMALLER COMPANIES B

RIVER AND MERCANTILE UK EQUITY SMALLER COMPANIES B - Overview

Overview of RIVER AND MERCANTILE UK EQUITY SMALLER COMPANIES B Buy in ISA Buy in Investment Account

The investment objective of the Fund is to achieve capital growth. The Fund aims to achieve this objective by investing in a portfolio of investments which shall primarily consist of UK equities which reside in the bottom 10% of the UK stock market in terms of market capitalisation.

  • Standard Initial Charge 5.25%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector UK Smaller Companies
Structure OEIC
Launched November, 2006
Size £545m
Yield 0.6%
Charging basis
Dividends paid 31 May, 30 Nov

Charges

Standard initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.99%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 100
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 0
Allocation Proportion(%)
UK 90
Europe 5
North America 2
Japan 0
Pacific 0
Emerging Markets 0
Allocation Proportion(%)
Large Caps 0
Mid Caps 15
Small Caps 85
View all performance data for this fund

Investment process

No information available.

Live feed

Bid price(inc) 357.56p
Accum units 1,455.84p
Fund commentary
Fund data updated on 03/07/15

Asset allocation

Allocation Proportion(%)
Equity 100
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 0

Equity Geographic

Allocation Proportion(%)
UK 90
Europe 5
North America 2
Japan 0
Pacific 0
Emerging Markets 0

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 0
Mid Caps 15
Small Caps 85

Top 10 holdings

As at: 28/02/2015
2.7% Utilitywise Plc
2.4% Redcentric Plc
2.2% Staffline Group Plc
2.1% Fdm Group Plc
2% Plus500 Ltd
1.8% Gamma Communications Plc
1.8% Laird Plc
1.7% Rpc Group
1.7% Alent Plc
1.7% Bovis Homes Group
Source: Trustnet

Sector breakdown

Industrials 29%
Consumer Services 21%
Technology 16%
Financials 13%
Consumer Goods 6%
Telecommunications 5%
Health Care 4%
Money Market 3%
Basic Materials 3%
Oil & Gas 1%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
10/11 11/12 12/13 13/14 14/15   3 years 5 years Career 3 years 5 years Career
0.72% 0.54% -0.76%   0.31% 97.10%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Philip Rodrigs

Manager. Rodrigs joined River & Mercantile in 2014, having previously worked at Investec. He began working at Investec in 2005, becoming a portfolio manager and services sector specialist in their 4Factor UK Equity team. Prior to Investec, he worked for T Rowe Price as a Pan-European Associate analyst, where he was the primary analyst covering small and mid-cap stocks for the International Discovery Fund. He began his career as a graduate trainee at Invesco in the Pan-European equity team. Rodrigs graduated from Lincoln College, Oxford University in 2002 with a BA Honours degree in Economics and Management. He is a CFA charterholder.

Track record

Philip Rodrigs has 8.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.31%. During the worst period of relative performance (from June 2008 - December 2008) there was a decline of 10% relative to the index. The worst absolute loss has been 49%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 97%.

Periods of worst performance
Absolute -49% (May 2007 - November 2008)
Relative -10% (June 2008 - December 2008)

Sector record since June 2006 (8 yrs)




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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