SVM UK Opportunities B

  • 763.30p
    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?

  • 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.

  • 0.30%
    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 22 October 2021

Previously mandated to invest only within mid and small cap UK equities, the fund can now invest across the market cap range, including AiM.. SVM take a venture capitalist approach to equity investing setting them apart from the majority of the competition. Focusing on bottom-up stock selection, this fund benefits from a highly dedicated management team.

Fund summary

Sector UK All Companies
Structure OEIC
Launched
Size £201m
Yield 0.30%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.08%

Allocation

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Investment process

The Fund’s aim is to achieve long term capital growth from a UK equity portfolio comprising of the managers ‘best ideas’ within the UK universe. Stocks are selected where the manager believes an absolute return can be achieved. SVM take an almost venture capital approach to investing, placing more emphasis on the absolute value of a company than the relative. This is reflected in their taking a "trade valuation" of companies as opposed to what the market thinks. Another point of note is the use of the Inland Revenue figures to reveal how much tax is paid. The team feel this is more appropriate than the provision in the accounts as the Inland Revenue gain "more financial information than the City". Stock picking is the main driver with any "themes" developing as a by-product of the bottom up approach.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

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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Allocation

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Sector breakdown

Industrials 21.00%
Materials 14.00%
Consumer Discretionary 13.00%
Financials 11.00%
Energy 11.00%
Money Market 8.00%
Health Care 7.00%
Consumer Staples 5.00%
Utilities 4.00%
Communications 3.00%

Portfolio

45-55 stocks.

Key Investor Information

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