ASI UK Mid-Cap Equity A

Targets capital growth, primarily by investing in companies from the FTSE 250 index.

  • 162.03p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 193.75p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.63%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 1.20%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 24 March 2020, fund data last updated 25 September 2001

The fund aims to achieve a combination of income and capital growth by investing mostly in companies that feature in the FTSE 250 index.

Fund summary

Sector UK All Companies
Structure OEIC
Launched February, 1982
Size £79m
Yield 1.20%
Charging basis Income
Dividends paid 31 Jan, 31 Jul

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.63%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 15/16 -0.21%
  • 16/17 0.00%
  • 17/18 -0.01%
  • 18/19 0.69%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.10%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 63.30%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Aberdeen Pan European Equity Team

Ben Ritchie was appointed Aberdeen’s Head of UK and European Equities in 2016. Alongside a generalist role acts as deputy investment manager on the property share fund. He joined Aberdeen in 2002 as a graduate having interned with Aberdeen in 2000 and 2001. Ritchie graduated with a BA (Hons) in Modern History and Politics from Pembroke College, University of Oxford and is a CFA charterholder.

Track record

Aberdeen Pan European Equity Team has 16.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.1%. During the worst period of relative performance (from August 2004 - August 2017) there was a decline of 30% relative to the index. The worst absolute loss has been 47%.

Periods of worst performance

Absolute -47.00% (May 2007 - February 2009)
Relative -30.00% (August 2004 - August 2017)

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.

Allocation

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Top 10 holdings

Data accurate as at 31 January 2020

4% Aveva Group
4% Games Workshop Group
3.7% Kainos Group Plc
3.5% Intermediate Capital Group
3.4% Marshalls
3.2% Gamma Communications Plc
2.8% Fdm Group Plc
2.8% Greggs
2.8% Trainline Plc
2.7% Hilton Food Group Plc
Source: Trustnet

Sector breakdown

Information Technology 18.00%
Consumer Discretionary 17.00%
Industrials 14.00%
Communications 12.00%
Real Estate 8.00%
Materials 7.00%
Consumer Staples 7.00%
Financials 6.00%
Health Care 5.00%
Mutual Funds 3.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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