Standard Life UK Smaller Companies Retail Accumulation Units
Overview
| Fund manager's initial charge | 4.00% |
|---|---|
| HL initial saving | 4.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.60% |
| Performance charges | No |
| Total Expense Ratio | 1.64% |
| HL annual saving | 0.25% 2 |
| Platform fee | Free |
| Launch date | 06-01-1997 |
| Launch price | £0.50 |
| Sector | UK Smaller Companies |
| Fund size | £965.00 million |
| Number of holdings | 58 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
The SLI UK Smaller Companies Fund has been removed from the Wealth 150 list of our favourite funds for new investments.The fund has seen strong inflows of capital in recent years, helped by its excellent performance. Its manager, Harry Nimmo, now feels that it has grown to an optimum size, and that if it grew significantly bigger he would need to alter his investment strategy, which could potentially impede performance. SLI is therefore no longer seeking new investments into the fund.
We view this as a positive move for existing investors. Restricting inflows will allow the manager to keep the fund smaller and more nimble, allowing him to quickly take advantage of opportunities as soon as they arise, and react speedily to market developments.
Performance has been strong in recent years, although this is not a guide to future returns. We have high hopes that Harry Nimmo can deliver long-term outperformance for his investors.
We do not believe existing investors need to take any action if the fund still meets their objectives. We continue to believe it has superb prospects. Those investing monthly through the HL Vantage Service can continue doing so. If anything changes, we will keep investors informed.
About the Fund Manager
Harry Nimmo
Located in: Edinburgh
Harry Nimmo graduated with an MBA from Edinburgh University in 1984 and joined Standard Life as an Investment Analyst with responsibility for UK equity funds in 1985. He became Senior Investment Analyst with sector responsibility for larger UK quoted company funds in 1990 and Investment Manager in 1993 responsible for the UK equity smaller (quoted) company funds. Harry became Fund Manager for the Standard Life Investments UK Smaller Companies Fund when it was launched in January 1997.
Income details
| Historic yield | 0.20% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 31-12-2011.
Distribution dates
| Ex-dividend date | 28 February 2012 |
|---|---|
| Payment date 4 | 30 April 2012 |
Top 10 holdings
| Paddy Power PLC Common StockEUR.1 | 5.30% |
|---|---|
| Telecom Plus | 4.56% |
| Abcam | 3.88% |
| Rightmove | 3.82% |
| ASOS | 3.36% |
| Hargreaves Lansdown | 3.06% |
| New Britain Palm Oil | 2.84% |
| First Quantum Minerals | 2.64% |
| A.G. Barr | 2.54% |
| Oxford Instruments | 2.53% |
Top 10 sectors
| Software & Computer Services | 15.06% |
|---|---|
| Electronic & Electrical Equipment | 11.22% |
| Media | 7.20% |
| Food Producers | 6.67% |
| Pharmaceuticals & Biotechnology | 6.55% |
| General Retailers | 5.82% |
| Financial Services | 5.80% |
| Industrial Engineering | 5.71% |
| Non-Classified | 5.30% |
| Fixed Line Telecommunications | 4.56% |
Top 10 countries
| United Kingdom | 81.82% |
|---|---|
| Ireland | 5.30% |
| Cash and Equiv. | 3.20% |
| Papua New Guinea | 2.84% |
| Canada | 2.64% |
| Direct Property and REITs | 1.75% |
| Singapore | 1.32% |
| Luxembourg | 1.13% |
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 is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or 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 08-02-2012. Data as at 31/12/2011.
