Old Mutual UK Select Smaller Companies Fund Class A Acc
Also available as income units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.75% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.93% |
| Launch date | 29-01-2001 |
| Launch price | £0.50 |
| Sector | UK Smaller Companies |
| Fund size | £251 million |
| Number of holdings | 82 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
The economic backdrop in the UK remains difficult and weak growth is expected to persist into 2009. In light of this Dan Nickols believes it is still too early to invest in the economically sensitive areas of the market. While the fund’s exposure to oil has caused weakness recently, there has been positive contribution from the software and media sectors. Smaller companies have struggled but we remain bullish on the long term prospects.
Full research
About the Fund Manager
Daniel Nickols
Located in: London
Daniel Nickols is the manager of the Old Mutual UK Select Smaller Companies Fund and works in OMAM's very successful, award winning UK Mid & Small Cap Equities team. The fund has a AAA rating from Standard & Poor's and OBSR. Prior to joining OMAM he was a small cap fund manager at Gerrard Investment Funds and Albert E Sharp.
Income details
| Running yield | 0.09% (net) |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-10-2007.
Distribution dates
| Ex-dividend date | 31 July 2008 |
|---|---|
| Payment date ³ | 30 September 2008 |
Top 10 holdings
| Connaught | 3.93% |
|---|---|
| Babcock International Group | 3.50% |
| Chemring Group | 3.38% |
| VT Group | 2.54% |
| Dignity | 2.53% |
| SSL International | 2.42% |
| Croda International | 2.25% |
| Premier Oil | 2.19% |
| Xchanging | 2.08% |
| Hiscox | 2.07% |
Top 10 sectors
| Support Services | 22.08% |
|---|---|
| Cash and Equiv. | 11.34% |
| General Retailers | 9.23% |
| Nonlife Insurance | 7.75% |
| Aerospace & Defence | 6.86% |
| Travel & Leisure | 5.33% |
| Software & Computer Services | 4.92% |
| Financial Services | 4.17% |
| Chemicals | 3.29% |
| Oil & Gas Producers | 3.23% |
Top 10 countries
| United Kingdom | 88.11% |
|---|---|
| Cash and Equiv. | 11.34% |
| Israel | 0.55% |
² Annual saving is not available in the SIPP.
³ 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.
Last valuation as at 01-12-2008. Data accurate as at 31/10/2008.
