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Ninety One UK Smaller Companies Class I - Income (GBP)

Sell:6,737.58p Buy:6,737.58p Change: 6.24p (0.09%)
Prices as at 19 July 2024
Sell:6,737.58p
Buy:6,737.58p
Change: 6.24p (0.09%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 19 July 2024
Sell:6,737.58p
Buy:6,737.58p
Change: 6.24p (0.09%)
Prices as at 19 July 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

View our full research note on the Investec UK Smaller Companies Fund »

Our view on the sector

Smaller companies in the UK are among the most innovative and exciting around. They can be pioneers of an emerging industry, and adapt quickly to new opportunities. We think their long-term growth prospects are compelling. Some will blossom into the giants of tomorrow. But others will struggle or fail altogether, so they are higher risk. Unlike larger companies such as Tesco or Vodafone, which might have dozens of analysts poring over their accounts, smaller companies tend to be less researched. They might only have one or two analysts covering them which creates opportunities for eagle-eyed fund managers to spot hidden gems. Over the past decade, innovations such as the internet have allowed smaller companies to level the playing field with larger rivals. Even so, they tend to be more sensitive to the UK economy then larger companies so you should expect more ups and downs along the way. We think UK smaller companies could be a great addition to a diversified portfolio able to accept the increased volatility.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

19/07/19 to 19/07/20 19/07/20 to 19/07/21 19/07/21 to 19/07/22 19/07/22 to 19/07/23 19/07/23 to 19/07/24
Annual return -2.21% 52.35% -29.06% -5.94% 14.05%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Calum Joglekar
Manager start date: 1 August 2015
Manager located in: TBC

Calum is co-portfolio manager in the 4Factor Equities Team at Investec Asset Management, for the UK Smaller Companies Fund. Calum joined the 4Factor team initially in 2010 as an analyst for the UK Smaller Companies Fund and the UK technology and telecoms sector He began his career as a graduate at ABN AMRO, subsequently Royal Bank of Scotland, as an analyst in the transport & logistics/ global industrials sector. While at RBS he worked on a number of announced deals and takeover approaches, performing strategic industry analysis and valuation modelling. Calum graduated from Edinburgh University in 2006 with a first class degree in Biological Sciences and is also a CFA Charterholder.

manager photo
Manager Name: Ken Hsia
Manager start date: 20 January 2014
Manager located in: London

Ken is the portfolio manager for the European strategies at Ninety One. Ken joined the firm in 2004 from MoVa Investment Partners, a hedge fund, where he was portfolio manager and co-founder. He was involved in managing a portfolio focused on European small and mid-cap stocks. Prior to that, Ken spent eight years at Fidelity Investments as an equity analyst covering a range of sectors including UK and European auto components, construction, non-food retail and utilities, and was assistant fund manager on the UK Recovery Trust (now renamed UK Aggressive). Ken graduated from Oxford University with a Doctorate in Organic Chemistry. He is also an associate member of the UK Society of Investment Professionals (UKSIP) and a CFA® Charterholder.

Manager Name: Matt Evans
Manager start date: 1 November 2017
Manager located in: TBC

Matt is a portfolio manager at Ninety One, with a focus on UK Sustainable and UK Smaller Companies. Matt is based in the London office. Before joining the firm, Matt worked for Threadneedle as a portfolio manager in the UK equities team. He was co-manager of the Threadneedle UK Smaller Companies Fund, the Threadneedle UK Mid 250 Fund and a range of small cap institutional portfolios. He was also lead manager of the Threadneedle UK Ethical Equity Fund and was responsible for stock analysis and idea generation for the wider team. Prior to joining Threadneedle, Matthew was a portfolio manager at Legal & General Investment Management specialising in UK Small Caps. He graduated from Loughborough University with a degree in Geography and Sports Science. In addition, Matt holds the Investment Management Certificate.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account