abrdn OEIC abrdn UK Smaller Companies Class I Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 28/02/20 to 28/02/21 |
28/02/21 to 28/02/22 |
28/02/22 to 28/02/23 |
28/02/23 to 28/02/24 |
28/02/24 to 28/02/25 |
|
|---|---|---|---|---|---|
| Fund | 13.6% | 4.1% | -20.8% | -3.3% | 6.4% |
| Sector | 23.1% | 2.2% | -11.3% | -4.0% | 4.2% |
| Rank | 33/41 | 19/42 | 39/42 | 26/43 | 13/43 |
| Quartile | 4 | 2 | 4 | 3 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 28/02/25 |
5 Years to 28/02/25 |
10 Years to 28/02/25 |
||
| Fund | -6.6% | -0.8% | 6.7% | |
| Sector | -3.9% | 2.2% | 5.5% | |
| Rank | 32/42 | 37/41 | 10/35 | |
| Quartile | 4 | 4 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| XPS PENSIONS GROUP | 4.10 |
| JTC | 3.77 |
| MORGAN SINDALL GROUP | 3.37 |
| CRANSWICK | 3.31 |
| CAIRN HOMES PUBLIC LIMITED COMPANY | 3.24 |
| GAMMA COMMUNICATIONS | 3.20 |
| HILTON FOOD GROUP | 3.19 |
| COATS GROUP | 3.00 |
| JET2 | 2.94 |
| AJ BELL | 2.84 |
| Total | 32.96 |
Fund Aims
To generate growth over the long term (5 years or more) by investing in UK small-capitalisation equities (company shares). Performance Target: To achieve the return of the Deutsche Numis Smaller Companies Plus AIM ex Investment Companies Index plus 3% per annum (before charges). There is no certainty or promise that they will achieve the Performance Target. Performance Comparator: Investment Association UK Smaller Companies Equity Sector Average. The Deutsche Numis Smaller Companies Plus AIM ex Investment Companies Index (the "Index") is a representative index of the UK stock market of smaller companies.
Fund Manager
TBC
Abby is responsible for the management of the UK Opportunities Fund, the Standard Life UK Smaller Companies Pension Fund and is joint manager of the Bothwell UK Equity Smaller Companies Fund. Abby joined Standard Life Investments’ UK Equity Team (now Aberdeen Standard Investments) in February 2013 before joining the Smaller Companies Team in January 2016. Prior to this she worked at Kames Capital (previously Aegon Asset Management) where she was a Graduate Trainee Investment Manager. Her coverage over that period included a range of sectors such as Technology Hardware and Software, Food Retail, Small Cap Healthcare, Paper and Packaging and Online Gaming. Abby. Abby has 10 years of experience in the industry, four of which are at Standard Life Investments.
Harry Nimmo graduated with an MBA from Edinburgh University in 1984 and joined Standard Life as an Investment Analyst with responsibility for UK equity funds in 1985. He became Senior Investment Analyst with sector responsibility for larger UK quoted company funds in 1990 and Investment Manager in 1993 responsible for the UK equity smaller (quoted) company funds. Harry became Fund Manager for the Standard Life Investments UK Smaller Companies Fund when it was launched in January 1997.
Fund Overview
| Mid (10/03/2025) | 933.50p |
| Historic yield | 1.86% |
| Fund size (31/12/2024) | £898.50m |
| Number of holdings | 48 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.88% |
| Launch date | 20/09/1998 |
Asset Allocation
| UK Equities | 86.16% | |
| International Equities | 5.17% | |
| Cash and Equivalents | 4.22% | |
| Property | 2.14% | |
| Other Assets | 2.32% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 86.16% | |
| International Equities | 5.17% | |
| Cash and Equivalents | 4.22% | |
| Property | 2.14% | |
| Other Assets | 2.32% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 25.08% | - | - | - | |
| Industrial Goods & Services | - | 16.03% | - | - | |
| Industrial Support Services | - | - | 7.26% | - | |
| Industrial Suppliers | - | - | - | 4.00% | |
| Transaction Processing Services | - | - | - | 1.92% | |
| Professional Business Support Services | - | - | - | 1.33% | |
| General Industrials | - | - | 3.00% | - | |
| Diversified Industrials | - | - | - | 3.00% | |
| Electronic & Electrical Equipment | - | - | 2.47% | - | |
| Electrical Components | - | - | - | 2.47% | |
| Aerospace & Defence | - | - | 1.73% | - | |
| Defense | - | - | - | 1.73% | |
| Industrial Transportation | - | - | 1.57% | - | |
| Marine Transportation | - | - | - | 1.57% | |
| Construction & Materials | - | 9.05% | - | - | |
| Construction & Materials | - | - | 9.05% | - | |
| Building Materials: Other | - | - | - | 3.58% | |
| Construction | - | - | - | 3.37% | |
| Engineering & Contracting Services | - | - | - | 2.10% | |
| Financials | 19.78% | - | - | - | |
| Financial Services | - | 19.78% | - | - | |
| Investment Banking & Brokerage Services | - | - | 15.59% | - | |
| Investment Services | - | - | - | 9.42% | |
| Asset Managers & Custodians | - | - | - | 6.17% | |
| Finance & Credit Services | - | - | 4.19% | - | |
| Consumer Lending | - | - | - | 2.63% | |
| Mortgage Finance | - | - | - | 1.56% | |
| Consumer Discretionary | 13.94% | - | - | - | |
| Consumer Products & Services | - | 6.18% | - | - | |
| Household Goods & Home Construction | - | - | 3.24% | - | |
| Home Construction | - | - | - | 3.24% | |
| Leisure Goods | - | - | 1.67% | - | |
| Photography | - | - | - | 1.67% | |
| Consumer Services | - | - | 1.26% | - | |
| Consumer Services: Misc. | - | - | - | 1.26% | |
| Travel & Leisure | - | 5.20% | - | - | |
| Travel & Leisure | - | - | 5.20% | - | |
| Airlines | - | - | - | 2.94% | |
| Recreational Services | - | - | - | 2.26% | |
| Media | - | 2.56% | - | - | |
| Media | - | - | 2.56% | - | |
| Media Agencies | - | - | - | 1.72% | |
| Publishing | - | - | - | 0.84% | |
| Consumer Staples | 10.33% | - | - | - | |
| Food, Beverage & Tobacco | - | 10.33% | - | - | |
| Food Producers | - | - | 10.33% | - | |
| Food Products | - | - | - | 10.33% | |
| Technology | 6.01% | - | - | - | |
| Technology | - | 6.01% | - | - | |
| Software & Computer Services | - | - | 4.47% | - | |
| Consumer Digital Services | - | - | - | 3.39% | |
| Software | - | - | - | 1.08% | |
| Technology Hardware & Equipment | - | - | 1.55% | - | |
| Computer Hardware | - | - | - | 1.55% | |
| Energy | 4.77% | - | - | - | |
| Energy | - | 4.77% | - | - | |
| Non-Renewable Energy | - | - | 4.77% | - | |
| Oil Equipment & Services | - | - | - | 4.77% | |
| Cash and Equivalents | 4.22% | - | - | - | |
| Basic Materials | 3.90% | - | - | - | |
| Basic Resources | - | 2.83% | - | - | |
| Industrial Metals & Mining | - | - | 2.83% | - | |
| Metal Fabricating | - | - | - | 2.83% | |
| Chemicals | - | 1.07% | - | - | |
| Chemicals | - | - | 1.07% | - | |
| Specialty Chemicals | - | - | - | 1.07% | |
| Real Estate | 3.45% | - | - | - | |
| Real Estate | - | 3.45% | - | - | |
| Real Estate Investment Trusts | - | - | 2.14% | - | |
| Diversified REITs | - | - | - | 2.14% | |
| Real Estate Investment & Services | - | - | 1.31% | - | |
| Real Estate Services | - | - | - | 1.31% | |
| Telecommunications | 3.20% | - | - | - | |
| Telecommunications | - | 3.20% | - | - | |
| Telecommunications Service Providers | - | - | 3.20% | - | |
| Telecommunications Services | - | - | - | 3.20% | |
| Non-Classified | 2.32% | - | - | - | |
| Health Care | 1.51% | - | - | - | |
| Health Care | - | 1.51% | - | - | |
| Health Care Providers | - | - | 1.51% | - | |
| Health Care Services | - | - | - | 1.51% | |
| Utilities | 1.49% | - | - | - | |
| Utilities | - | 1.49% | - | - | |
| Electricity | - | - | 1.49% | - | |
| Conventional Electricity | - | - | - | 1.49% | |
Regional Allocation
| UK | 86.16% | |
| Cash and Equivalents | 4.22% | |
| Developed Europe - Excl UK | 3.24% | |
| Non-Classified | 2.32% | |
| Property | 2.14% | |
| North America | 1.92% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.07% | |
| Cash | 2.52% | |
| Pound Sterling | 0.41% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 86.16% | - | |
United Kingdom
|
- | 86.16% | |
| Cash and Equivalents | 4.22% | - | |
| Developed Europe - Excl UK | 3.24% | - | |
Ireland
|
- | 3.24% | |
| Non-Classified | 2.32% | - | |
| Property | 2.14% | - | |
| North America | 1.92% | - | |
United States
|
- | 1.92% | |
Breakdown By Market Cap (%)
| Medium |
|
40.78% |
| Small |
|
49.01% |
| Micro |
|
0.91% |
| Non-Classified |
|
5.09% |
| Cash |
|
4.22% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | XPS PENSIONS GROUP | 4.10% | Investment Banking & Brokerage Services | United Kingdom |
| 2 | JTC | 3.77% | Investment Banking & Brokerage Services | United Kingdom |
| 3 | MORGAN SINDALL GROUP | 3.37% | Construction & Materials | United Kingdom |
| 4 | CRANSWICK | 3.31% | Food Producers | United Kingdom |
| 5 | CAIRN HOMES PUBLIC LIMITED COMPANY | 3.24% | Household Goods & Home Construction | Ireland |
| 6 | GAMMA COMMUNICATIONS | 3.20% | Telecommunications Service Providers | United Kingdom |
| 7 | HILTON FOOD GROUP | 3.19% | Food Producers | United Kingdom |
| 8 | COATS GROUP | 3.00% | General Industrials | United Kingdom |
| 9 | JET2 | 2.94% | Travel & Leisure | United Kingdom |
| 10 | AJ BELL | 2.84% | Investment Banking & Brokerage Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 6.01% | - | - | - | - | - | - | - | 6.01% |
| Telecommunications | 3.20% | - | - | - | - | - | - | - | 3.20% |
| Financials | 19.78% | - | - | - | - | - | - | - | 19.78% |
| Real Estate | 1.31% | - | - | - | - | 2.14% | - | - | 3.45% |
| Consumer Discretionary | 10.70% | 3.24% | - | - | - | - | 2.32% | - | 16.26% |
| Consumer Staples | 10.33% | - | - | - | - | - | - | - | 10.33% |
| Energy | 4.77% | - | - | - | - | - | - | - | 4.77% |
| Utilities | 1.49% | - | - | - | - | - | - | - | 1.49% |
| Health Care | 1.51% | - | - | - | - | - | - | - | 1.51% |
| Industrials | 23.15% | 1.92% | - | - | - | - | - | - | 25.08% |
| Basic Materials | 3.90% | - | - | - | - | - | - | - | 3.90% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.22% | 4.22% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | 0433349 |
| Mex Code | STUSCA |
| Isin Code | GB0004333497 |
| Citi Code | SL89 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.88% |
Aims and Benchmark
| Aims | To generate growth over the long term (5 years or more) by investing in UK small-capitalisation equities (company shares). Performance Target: To achieve the return of the Deutsche Numis Smaller Companies Plus AIM ex Investment Companies Index plus 3% per annum (before charges). There is no certainty or promise that they will achieve the Performance Target. Performance Comparator: Investment Association UK Smaller Companies Equity Sector Average. The Deutsche Numis Smaller Companies Plus AIM ex Investment Companies Index (the "Index") is a representative index of the UK stock market of smaller companies. |
| Benchmark | IA UK Smaller Companies Equity Sector Average |
| Benchmark Category | - |
| IA Sector | UK Smaller Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | Citibank |
| Fund Registrar | SS&C Financial Services Europe Limited |
| Fund Custodian | Citibank |
Group Details
| Group name | abrdn OEIC |
| Group address | Aberdeen Standard Fund Managers Limited PO BOX 12233 Chelmsford CM99 2EE |
| Group telephone | 0800 33 33 53 |
| Dealing telephone | 0800 33 33 53 |
| investments_marketline@standardlife.com | |
| Homepage | www.aberdeenstandard.com |
| Fax number | 0131 525 9720 |
Dealing
| Minimum Investment | £5000000 |
| Minimum Top Up | £50000 |
| Minimum Regular Saving | £0 |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.