Aberdeen ASI UK Mid-Cap Equity A Dis NAV

IMA Sector:

UK All Companies

ISIN:

GB00B0XWNQ97

Fund Type:

OEIC

187.10p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 30-Oct-2024
  • Change: -0.11p
  • Change %: -0.06%
  • Currency: GBP
  • YTD change: 7.33p
  • YTD %: 4.08%

Fund Objective

Aims to maximise total return.

View on Past Performance

UK mid-cap shares underperformed the broader market in October, as fears of a protracted painful downturn for the domestic economy gathered pace amid falling commodity prices. The FTSE 250 Index closed 20% lower, with mining and property stocks bearing the brunt of the sell-off. The Bank of England cut interest rates by 0.5% as part of a coordinated global response to the credit crisis.It also boosted bank deposit guarantees, unveiled a £50bn rescue package, offered up to £200bn in short-term loans and proposed to take stakes in three banks. Latest data showed the economy was edging towards recession: third-quarter GDP shrank by 0.5%, the first contraction in 16 years. Manufacturing output declined, while retail sales cooled as unemployment rose.Housing prices remained weak. The inflation outlook was mixed as producer prices eased but consumer prices rose faster than expected in September. We sold Premier Foods to reinvest the capital in better opportunities elsewhere. We topped up Persimmon, as its valuation appeared attractive, and Weir Group, which has a good-quality business, strong management and a solid balance sheet.

Fund Details

Latest Price 187.10p IMA Sector UK All Companies
Currency British Pound Launch Date 21/04/2006
Fund Size n/a Fund Manager Pan European Equities Team
ISIN GB00B0XWNQ97 Dividend 0.79p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 30-Oct-2024
NAV 187.10p
Currency GBP
Change -0.11p
% -0.06%
YTD change 7.33p
YTD % 4.08%

Fund Facts

Fund Inception 21/04/2006
Fund Manager Pan European Equities Team
TER -

Fund Reports

Minimum Investment
Initial £500
Additional £100
Savings £50
Charges
Initial 4.25%
Annual Mang't 1.50%
Exit n/a

Risks

Name %
No risk data available.

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