Multi-cap UK equity fund targeting capital growth.
Prices as at 10 Aug 2022.
Fund commentary last updated 01 Oct 2021.
Past performance is not an indication of future performance.
Capital at risk.
|Sector||UK All Companies|
|Dividends paid||30 Apr, 31 Oct|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||0.75%|
|Ongoing Charges Figure||0.92%|
The managers look at the three pillars of quality, growth and valuation in their stock selection process. Quality and growth include the market value opportunity of a company relative to its current sales, profit growth potential, “Super Fan” status with customers and capital allocation discipline. Valuation factors – which are key as the managers don’t want to overpay for growth - include free cash flow, Price-to-Earnings ratios and dividend yield. The team use screening techniques and company meetings – including 508 in 2019 - to find potential investment opportunities followed by a rigorous fundamental research process. This looks at the upside and downside potential of an investment including capital preservation, operating and financial risk. They can, if needed, utilise the expertise of Premier Miton’s other UK portfolio managers, equity analysts and multi-asset investment team to assist with research. When the managers invest in a company, they set a conservative target price based on their financial forecasts and expectations. When that price is reached the investment is reviewed and then either held or sold.
Past performance is not a guide to future performance. View full risk warning