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UBS UK SMALLER COMPANIES A - Fund overview

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Overview of UBS UK SMALLER COMPANIES A

Frank Manduca is most well known for Gartmore UK Smaller Companies which he managed for over seven years until he departed the group in March 2002. Now Head of pan European Small caps at UBS, Manduca and team run this fund on a core and satellite approach. The fund will invest in a diversified portfolio of companies and has historically had a significant weighting to smaller companies listed on the FTSE AiM index.

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Fund summary

Sector  UK Smaller Companies
Product type  OEIC
Launched  February, 2003
Size  £13m
Yield 0.1%
Charging basis  –
Dividends paid  Acc units only.
Bid price 114.21p

Fund Charges

Standard Initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.59%
Reduction in yield (10yr) 1.59%

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Portfolio

ubs uk smaller companies a asset allocation illustration
Allocation Proportion
Equity 95%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 5%
ubs uk smaller companies a equity geographic illustration
Allocation Proportion
UK 90%
Europe 5%
Nth America 1%
Japan 0%
Pacific 3%
Other Equity 1%
ubs uk smaller companies a equity capitalisation illustration
Allocation Proportion
Large Caps 0%
Mid Caps 20%
Small Caps 80%

Investment process


The fund’s objective is above average capital growth from a portfolio of carefully selected smaller, quoted UK companies.
This fund aims to outperform its benchmark by using a core-satellite approach, whereby the portfolio will equally invest in long term analyst led ideas and shorter term more aggressive ideas where there might be a market anomaly.
Core companies are generally cash generative with defendable business models, although fast growing companies will also be held.
UBS benchmark the fund against the Hoare Govett Smaller Companies Index.

The value of your investments and the income from them can go down as well as up and you can get back less than you originally invested. Any yields quoted cannot be taken as a reliable indicator of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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