River and Mercantile UK Equity Smaller Companies Fund A Inc

Performance History31/05/2018
Growth of 1,000 (GBP) Advanced Graph
River and Mercantile UK Equity Smaller Companies Fund A Inc
Fund4.418.16.328.4-1.1
+/-Cat5.62.5-1.42.5-4.7
+/-B’mrk7.15.1-6.312.8-2.5
 
Key Stats
NAV
21/06/2018
 GBX 353.70
Day Change -0.24%
Morningstar Category™ UK Small-Cap Equity
IA (formerly IMA) Sector UK Smaller Companies
ISIN GB00B1DSZR91
Fund Size (Mil)
31/05/2018
 GBP 649.00
Share Class Size (Mil)
21/06/2018
 GBP 44.43
Max Initial Charge 5.25%
Ongoing Charge
30/05/2018
  1.60%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

A change of management on this fund, but we retain a positive view.

Previous manager Phil Rodrigs left River & Mercantile in February 2018 following an internal investigation into a professional conduct issue. R&M has stated that the issue was...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: River and Mercantile UK Equity Smaller Companies Fund A Inc
The investment objective of the Fund is to achieve capital growth. The Fund will achieve its investment objective by investing in a portfolio of investments which shall primarily consist of UK equities which reside in the bottom 10% of the UK stock market in terms of market capitalisation. For these purposes UK equities includes, but is not limited to, equities listed in the UK, equities of companies domiciled in the UK and equities of companies which have substantial operating activities in the UK.
Returns
Trailing Returns21/06/2018
YTD0.27
3 Years Annualised13.47
5 Years Annualised18.40
10 Years Annualised15.31
12 Month Yield 0.23
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Dan Hanbury
07/02/2018
Inception Date
30/11/2006
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
Numis SC Plus AIM Ex Invt Com TR GBPFTSE Small Cap Ex Invest Trust TR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNo
OtherNot Specific
Portfolio Profile for  River and Mercantile UK Equity Smaller Companies Fund A Inc30/04/2018
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock91.280.0091.28
Bond0.000.000.00
Property0.000.000.00
Cash6.330.006.33
Other2.390.002.39
Top 5 Regions%
United Kingdom93.80
United States2.52
Eurozone1.32
Australasia1.14
Africa0.73
Top 5 Sectors%
Consumer Cyclical22.29
Industrials20.55
Technology15.27
Basic Materials11.57
Consumer Defensive9.73
Top 5 HoldingsSector%
Smart Metering Systems PLCIndustrialsIndustrials4.13
Fevertree Drinks PLCConsumer DefensiveConsumer Defensive3.48
Blue Prism Group PLCTechnologyTechnology2.98
Learning Technologies Group PLCConsumer DefensiveConsumer Defensive2.22
Ibstock PLCBasic MaterialsBasic Materials1.96
River and Mercantile UK Equity Smaller Companies Fund A Inc