J O Hambro UK Equity Income Class Y - Accumulation (GBP)

The fund's performed better than the broad UK stock market since launch. Our analysis shows investments in small and medium-sized companies have boosted performance over the long run, but they can also increase volatility.

A focus on unloved companies means the fund has seen some periods of weaker performance. Out-of-favour businesses can stay that way for some time, but this style has paid off for this fund over longer periods. Investments in financials companies held back performance during the 2008 financial crisis, for example. But they rebounded in 2009 once investors became more positive. This isn't a guide to how the fund will perform in future though.

The managers think unloved companies have the biggest potential. Some of these companies have been through a tough patch, so they look for the ones they think can turn themselves around and return to favour with investors. They focus on companies they think will grow their dividends over time.

The managers look for high-yielding companies, often in sectors that have been shunned by other investors. The aim is to benefit from the attractive, hopefully growing, dividends the companies pay, as well as rising share prices as they return to favour. Then they sell the shares and move on to the next unloved opportunity.

The managers spend a lot of time meeting company management to get a good understanding of the company's future prospects. They'll invest in companies of all sizes, including large, medium-sized and smaller companies.

The fund has a performance fee. You can find full details of this in the Key Investor Information Document.