Fact sheet: Royal London UK Smaller Cos

Fund information
Fund name
Royal London UK Smaller Companies M Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund managers
  • Henry Lowsonsince 31/08/2016
Fund objective
The fund seeks to achieve capital growth. The UK Smaller Companies Fund seeks the FTSE 100 companies of tomorrow, investing in a concentrated portfolio of profitable and expanding businesses from across the small cap market.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1%
1 Year rank in sector
40/47
Sector
UT UK Smaller Companies
Yield
1.6%
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.
0.74%
Fund size
£208m (£207m 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.
72
Mid price
178.8
Top in this sector
Fund name1 Year
Cavendish AIM23.3%
The MI Discretionary Unit20.1%
Jupiter UK Smaller Companies18.8%
TB Amati UK Sm Cos15.5%
Marlborough UK Micro Cap Gwth12.1%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%-3.2%1.9%1%26.4%105%
Sector3.6%0.8%5.2%5.3%21.5%94.6%
Rank within sector25 / 4845 / 4839 / 4840 / 4724 / 4626 / 44
Quartile3rd4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.6%16.1%5.9%36.1%25.8%
Sector4.4%14.2%-1.9%37.4%22.5%
Rank within sector40 / 4727 / 474 / 4633 / 4523 / 44
Quartile4th3rd1st3rd3rd
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.
0.64
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.
1.04
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.
0.36
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%.
11.34
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.
3.83
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.
0.21
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.
0.89
Price movement
52 week high186.9
52 week low155.5
Current bid price-
Current offer price-
Current mid price178.8
Region
1UK100%
Industry sector
1Industrials28.9%
2Consumer Services22.5%
3Health Care11.4%
4Consumer Goods11.1%
5Financials9.9%
6Technology9%
7Basic Materials3.9%
8Telecommunications3.2%
9Oil & Gas0.1%
Asset type
1UK Equities100%
Individual holdings
1DIPLOMA2.9%
2CVS CAREMARK CORP2.8%
3CLINIGEN GROUP PLC2.4%
4DIGNITY PLC2.4%
5FEVERTREE DRINKS PLC2.4%
6TARSUS GROUP PLC2.3%
74IMPRINT GROUP PLC2.1%
8CRANSWICK2.1%
9PATISSERIE HOLDINGS PLC2.1%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
The fund seeks to achieve capital growth. The UK Smaller Companies Fund seeks the FTSE 100 companies of tomorrow, investing in a concentrated portfolio of profitable and expanding businesses from across the small cap market.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Henry Lowson31/08/2016Henry joined Royal London Asset Management in September 2016 as a Senior Fund Manager and is lead manager on the RL UK Smaller Companies Fund. Henry began his fund management career in 2005, spending almost 12 years working for AXA Investment Managers. In May 2012 he became lead Fund Manager of the AXA Framlington UK Smaller Companies Fund, which he ran successfully until joining RLAM. He was also responsible for co-managing a variety of segregated UK small/mid cap mandates while at AXA. He is a CFA Charterholder and a Member of the Chartered Institute for Securities and Investment. Henry graduated from Edinburgh University in 2004 with a MA (Hons) degree in Economics and Geography.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London UK Smaller Companies A Acc
Initial charge4%
Annual charge1.4%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price178.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAJM5
Royal London UK Smaller Companies M Acc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price178.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLWG7
Data provided by

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