Merian UK Smaller Companies Fund R GBP Inc

Performance History30/11/2018
Growth of 1,000 (GBP) Advanced Graph
Merian UK Smaller Companies Fund R GBP Inc
Fund-0.321.211.738.3-12.7
+/-Cat1.05.54.012.3-5.6
+/-B’mrk2.48.2-0.822.7-2.1
 
Key Stats
NAV
18/12/2018
 GBP 2.16
Day Change -0.32%
Morningstar Category™ UK Small-Cap Equity
IA (formerly IMA) Sector UK Smaller Companies
ISIN GB00B8FD4291
Fund Size (Mil)
18/12/2018
 GBP 1152.18
Share Class Size (Mil)
26/01/2018
 GBP 179.12
Max Initial Charge -
Ongoing Charge
01/10/2018
  1.03%
*  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

Merian UK Smaller Companies continues to be a strong offering within the small-cap category.Daniel Nickols is an experienced small-cap investor and has managed this fund for more than 14 years. His involvement goes back even further, to 2001,...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNegative
Investment Objective: Merian UK Smaller Companies Fund R GBP Inc
To provide capital growth from investing primarily in a portfolio of UK smaller companies.
Returns
Trailing Returns (GBP)18/12/2018
YTD-18.18
3 Years Annualised8.62
5 Years Annualised9.27
10 Years Annualised*16.60
12 Month Yield 0.60
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Daniel Nickols
02/01/2004
Inception Date
04/10/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Numis SC 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
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Merian UK Smaller Companies Fund R GBP Inc30/09/2018
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock94.260.0094.26
Bond0.000.000.00
Property0.000.000.00
Cash4.890.004.89
Other0.850.000.85
Top 5 Regions%
United Kingdom96.29
Eurozone1.50
Canada1.03
Asia - Developed0.81
United States0.37
Top 5 Sectors%
Consumer Cyclical19.39
Industrials19.23
Technology16.77
Financial Services16.45
Real Estate7.57
Top 5 HoldingsSector%
Fevertree Drinks PLCConsumer DefensiveConsumer Defensive3.89
Blue Prism Group PLCTechnologyTechnology3.86
Boohoo Group PLCConsumer CyclicalConsumer Cyclical3.47
Ascential PLCConsumer CyclicalConsumer Cyclical3.18
Burford Capital LtdFinancial ServicesFinancial Services2.39
Merian UK Smaller Companies Fund R GBP Inc
* This share class has performance data calculated prior to the inception date, 2012-10-04. This is based upon a simulated/extended track record, using the track record of Merian UK Smaller Companies A GBP Inc (ISIN: GB00B1XG7D33), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.