HSBC UK Smaller Companies Inc

IMA Sector:

UK Smaller Companies

ISIN:

GB0000203983

Fund Type:

OEIC

 0.00
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: --2024
  • Change: 0.00
  • Change %: n/a
  • Currency:
  • YTD change: 0.00
  • YTD %: n/a

Fund Objective

The Fund's investment objective is to provide long term capital growth by investing in UK smaller companies.

View on Past Performance

The market was down 14.99% (FTSE Small Cap ex IT) in September. Slowing down economic activity, rising inflation and high level of energy prices remain the prevailing economic conditions. Food & Drug Retailers was the best performing sector in September, whilst Mining was the worst performing sector.The portfolio holds stocks that have positive exposure to valuation and momentum signals. An overweight position in Brewin Dolphin Holdings PLC contributed +0.22% to performance. An underweight in Minerva PLC contributed +0.43% of fund's performance.

Future Expectations

Credit crisis is the issue among the world major economies. There are downside risks to growth however the inflation is a key concern as well. Deteriorated credit market and high inflation are main topics to hold back the global economic growth. The prevailing economic conditions provide a neutral background for the UK equity markets. In this environment, the portfolio will aim to maintain exposure to stocks with good value and momentum.

Fund Details

Latest Price 0.00 IMA Sector UK Smaller Companies
Currency Launch Date 31/08/1996
Fund Size n/a Fund Manager
ISIN GB0000203983 Dividend 1.39

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

 

Price Info

Date n/a
Bid 0.00
Offer 0.00
Currency n/a
Change 0.00
% n/a
YTD change 0.00
YTD % n/a

Fund Facts

Fund Inception 31/08/1996
Fund Manager n/a
TER 1.46 (15-Mar-2012)

Fund Reports

Minimum Investment
Initial 1000
Additional 500
Savings 50
Charges
Initial 4.00%
Annual Mang't 1.25%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio 0.11

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