Data is at market close and rounded to 2 decimal places.
Following FCA approval, from 27 November 2020, the role of Authorised Corporate Director (ACD) function has changed from Link Fund Solutions Limited to Premier Portfolio Managers Limited. At the same time, the fund was renamed, with the LF Miton prefix changing to Premier Miton. This reflects the change of ACD and the name of the new company, Premier Miton Investors, formed following the merger of Premier Asset Management Group plc and Miton Group plc in November 2019.
The Premier Miton UK Smaller Companies Fund focuses on companies with relatively low market capitalisations, investing primarily in AIM, Small Cap and Fledgling business. The fund aims to provide capital growth over the long-term, being five years or more.
Key Points:
Selecting companies based on their individual attributes (this management style is known as taking a bottom-up approach), with a diversified portfolio of primarily smaller and micro-sized companies. The fund does not follow any particular market index. The focus is on genuine smaller companies which are often not well-known, are under-researched by investment analysts and where there is potential for the value of the company to be mispriced.
A lack of investment analyst coverage means that very little information is published about the company and its prospects, which means that its potential true value may not be fully understood and as such may not be reflected in the company’s share price.
The stock selection process uses a ‘traffic-light’ system to assess the criteria below before investing and to reassess stocks that are help in the portfolio:
The objective of the Fund is to provide capital growth over the long-term, being five years or more. Five years is also the minimum recommended period for holding shares in this Fund. This does not mean that the Fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested.
Fund size | £83.0m |
Fund launch date | 14 December 2012 |
IA sector | UK Smaller Companies |
Fund type | OEIC |
Base currency | GBP |
Valuation point | 12:00 midday |
Accounting dates | Final - 31 May Interim - 30 November |