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Slater Growth P

Bestinvest LogoSmall-cap biased UK equity fund focusing on companies offering sustainable growth at attractive valuations

PRICE (INC)

736.63p

PRICE (ACC)

736.63p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.8%

YIELD

0.6%

1 YEAR
-7.69%

Prices as at 01 Jul 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The fund's objective is long term capital growth, principally by investing in UK companies. The portfolio includes businesses of all sizes, but typically has a strong bias to small cap stocks. Manager Mark Slater favours companies offering sustainable growth at attractive valuations, forming a concentrated portfolio with at times large holdings in his highest conviction positions.

Fund summary

SectorUK All Companies
StructureUNIT TRUST
LaunchedJanuary 2013
Size£1,491m
Yield0.6%
Charging BasisIncome
Dividends paidAcc units only

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.8%

Investment Process

The primary valuation tool utilised in stock selection is the price earnings to growth ratio (PEG) - the manager looks for companies whose value (based on PE) is cheap compared to their growth rate. He screens the entire UK market for low PEG ratios, then applies a secondary cashflow-based screen to verify the earnings figure. Around 85% of portfolio companies come from this screening process, though other sources are also used. The resulting companies are then analysed with a focus on: - Sustainable and above-average earnings growth prospects; - Robust balance sheet/low debt; - A competitive advantage such as a high market share or brand name; - A positive recent trading statement; - An absence of heavy directors’ selling and ideally some recent directors’ buying. Only once this analysis has taken place does Slater meet company management. He is supported by a co-manager and two highly experienced analysts.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning