Old Mutual UK Smaller Companies Fund Class A Acc 
Also available as
income units
Charges and savings
| Fund manager's initial charge | 4.00% |
|---|---|
| HL saving on initial charge | 4.00% |
| HL Dealing charge | Free |
| Net initial charge | 0.00% |
| Fund manager's annual charge | 1.75% |
| HL Annual saving (loyalty bonus) | 0.25% 2 |
| Net Annual charge | 1.50% |
| Fund manager's other expenses | 0.18% |
| Performance fee | No |
| HL Platform charge | Free |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above. Further details available in the HL guide to fund prices, savings and yields.
Other information
| Launch date | 29-01-2001 |
|---|---|
| Launch price | £0.50 |
| Sector | UK Smaller Companies |
| Fund size | £615.00 million |
| Number of holdings | 114 |
| Fund type | OEIC |
| Type of units | Accumulation |
Invest online now
Before you invest please read the documents below.
HL research - our view on this fund
The global economy continues to grow at a sub-trend rate, making companies that can grow sustainably above this attractive, and in an improving global economic environment, investor risk-appetite is likely to improve, making cheaper, economically-sensitive businesses more attractive over time. The fund's overall positioning reflects this with a balance between stocks with growth attributes and more economically-sensitive businesses. At a sector level, it is overweight in electronics, technology and media, as well as UK housebuilders which the manager believes will benefit from government support and improving profitability in the years ahead. Meanwhile, the portfolio is underweight sectors exposed to UK consumer discretionary spend, such as retail and travel & leisure, which Daniel Nickols expects to remain under pressure for some time to come.
About the Fund Manager
Daniel Nickols
Located in: London
Daniel Nickols joined OMAM in 2001 following the integration of Gerrard Investment Funds, prior to which he worked at Gerrard for two years. He was appointed to his current role in January 2009. His involvement with smaller companies began in September 1995, when he joined Albert E Sharp as a specialist salesman. He switched from the sell side to the buy side in May 1997, working on the Albert E Sharp Smaller Companies Fund. After graduating from Cambridge University in 1992 with a degree in modern and medieval languages, he joined Deloitte & Touche, before moving to the European equities division of Morgan Stanley in June 1994. He is IIMR qualified.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Top 10 holdings
| Ashtead Group | 3.95% |
|---|---|
| Bellway | 2.62% |
| Jupiter Fund Management | 2.35% |
| Galliford Try | 2.26% |
| Telecom Plus | 2.24% |
| Greene King | 2.18% |
| Barratt Developments | 2.15% |
| Smart Metering Systems | 2.03% |
| Perform Group | 1.91% |
| Smith (DS) | 1.80% |
Top 10 sectors
| Support Services | 19.36% |
|---|---|
| Financial Services | 8.24% |
| Software & Computer Services | 7.92% |
| Travel & Leisure | 7.81% |
| Construction & Materials | 6.52% |
| Media | 5.22% |
| Household Goods & Home Construction | 4.77% |
| Electronic & Electrical Equipment | 4.62% |
| Real Estate Investment & Services | 4.03% |
| General Retailers | 3.85% |
Top 10 countries
| United Kingdom | 93.53% |
|---|---|
| Cash and Equiv. | 2.28% |
| Direct Property and REITs | 1.18% |
| Netherlands | 1.15% |
| Singapore | 0.95% |
| Ireland | 0.44% |
| Australia | 0.32% |
| Non-Classified | 0.15% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving (loyalty bonus) only available on holdings worth over £1,000. Loyalty bonuses in the Vantage Fund & Share Account are paid net of basic rate tax. Loyalty bonuses in the Vantage ISA and SIPP are tax-free and paid gross.
4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 19-06-2013. Data as at 31/05/2013.
