SVM UK Growth B

Focused portfolio of UK equities

  • 678.70p
    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.

  • -
    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?

  • 1.00% 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!

  • 0.75%
    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).

  • 1.08%
    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.

  • 0.70%
    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 30 July 2021

The Fund’s aim is to achieve medium to long term capital growth from an equity portfolio selected from UK listed stocks and other permitted securities. Its objective is to beat the FTSE All-Share Index.

Fund summary

Sector UK All Companies
Structure OEIC
Launched March, 2000
Size £189m
Yield 0.70%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 1.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.08%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 16/17 0.29%
  • 17/18 0.58%
  • 18/19 -0.48%
  • 19/20 0.80%
  • 20/21 0.86%

Bestinvest MRI

  • 3 years 0.39%
  • 5 years 0.41%
  • Career 0.31%
  • 3 years 80.80%
  • 5 years 91.60%
  • Career 97.90%

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

Margaret Lawson / Colin McLean

Prior to co-founding SVM in 1990, Lawson previously worked as an investment manager at FS Investment Managers and was manager of its UK fund, FS Balanced Growth Fund. Her sector focus includes defence, media, leisure, food & retail.

Track record

Margaret Lawson / Colin Mclean has 13.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.31%. During the worst period of relative performance (from December 2015 - December 2016) there was a decline of 17% relative to the index. The worst absolute loss has been 34%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 98%.

Periods of worst performance

Absolute -34.00% (May 2008 - February 2009)
Relative -17.00% (December 2015 - December 2016)

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 July 2020

4.1789% Ocado Group Plc
3.2709% Gamma Communications Plc
3.1041% Experian Plc
3.1041% Croda International Plc
3.0114% Keystone Law Group Plc
2.9929% London Stock Exchange Group
2.9558% Ab Dynamics Plc
2.9466% Unite Group
2.8354% Jd Sports Fashion Plc
2.8169% Dechra Pharmaceuticals
Source: Trustnet

Sector breakdown

Consumer Services 23.00%
Industrials 23.00%
Consumer Goods 13.00%
Financials 10.00%
Real Estate 8.00%
Health Care 8.00%
Technology 7.00%
Telecommunications 3.00%
Basic Materials 3.00%
Oil & Gas 2.00%

Key Investor Information

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