ASI European Smaller Companies I Acc

This factsheet should be viewed in conjunction with the Key Investor Information Document (KIID) as both provide important information. The KIID is accessible from the link on the right.

Factsheets contain information about the features of the fund such as the investment objective, fund region and past performance.

Some funds offer income units, accumulation units or both. The unit type you choose will affect the way income generated from the fund is treated. With income units, income is paid into your nominated account. With accumulation units income is retained within the fund, increasing the value of your holding.

All Investments carry an element of risk. In particular, the value of Investments and any income from them can go down as well as up and you may not get back what you originally invested.

In addition, investing in funds is subject to specific risks. Details of these risks are contained in the Key Investor Information Document which is designed to provide important information about funds as well as the risks involved.

Fund Objective

To generate growth over the longer term (5 years or more) by investing in European smaller capitalisation equities (company shares). Performance Target: To achieve the return of the EMIX Smaller European Companies Index, plus 3% per annum over five years (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The ACD believes this is an appropriate target for the fund based on the investment policy of the fund and the constituents of the index.

viewInvestment Information

Annualised performance

20/04/2021

47.29%

12m high
+293.22p
12m low
+195.62p

Past performance is not a guide to future performance

view More performance information

At a glance

Fund Type OEIC
Income Yield
0.30%
Ongoing Charges Figure (OCF)
0.87%

Where is this fund primarily investing?

Detailed Fund Information

Sector 
IA European Smaller Companies
Fund Type OEIC
FE Fund Rating 
Unit Type 
Accumulation
Fund Size (on 20/04/2021) £78.3m
Launch Date 01/10/2012

Management Information

Manager name Andrew Paisley
Manager since 23/07/2018

view View manager's biography view About the fund provider

Andrew Paisley

Andrew Paisley is Head of Smaller Companies and is responsible for the management of the European Smaller Companies strategy which includes a Luxembourg SICAV fund, UK OEIC fund and a number of segregated mandates. As head of the team, he is responsible for the management of the UK, Europe and Global Small Cap Team and performance. Andrew began his career as a Chartered Accountant at Arthur Andersen, before becoming sector analyst for Sutherlands Stockbrokers. He joined Edinburgh Fund Managers in 1999, joining Kempen Capital Management in 2006. In 2011, he became co-manager of all UK smaller company mandates at Scottish Widows Investment Partnership, prior to joining Aberdeen Standard Investments in August 2014 as Deputy Head of Smaller Companies before being appointed Head of Smaller Companies in March 2020. Andrew has an LLB (Hons), CA, IMC.

view About the fund provider

Fund provider

-

Fund Codes

Citicode GNOM
SEDOL B0XWN58

Income

Income Yield
0.30%
Income Frequency (per annum)
1
Income Payment Dates Oct 31 2021
More dates

Charges

The annual management charge (AMC) covers the costs involved with managing your investment, such as:
* Customer servicing
(eg, keeping a record of investors, paying income)
* Operating the fund
(eg, calculating the daily unit price, complying with investment rules)
* Investment management
(eg, research & analysis to determine which assets to buy/sell, and the fee paid to the Fund Manager)
This charge is calculated daily by the Fund Manager and as such is reflected in the fund price. However, it doesn't appear as a deduction on a statement. Generally, you can expect to see a higher AMC for funds investing in riskier assets like equities, commodities and property than funds investing in lower risk assets like corporate bonds, gilts and cash.
Annual Management Charge (AMC)
0.75%
Ongoing Charges Figure (OCF)
(on 31/07/2020)
0.87%

Prices

Buy Price
288.80p
Sell Price
288.80p
Price Date 20/04/2021
Change on day
-4.42p

Summary of Risks

Factsheets contain information about the features of the fund such as the investment objective, fund region and past performance.

Some funds offer income units, accumulation units or both. The unit type you chose will affect the way income generated from the fund is treated. With income units, income is paid into your nominated account. With accumulation units income is retained within the fund, increasing the value of your holding.

All Investments carry an element of risk. In particular, the value of Investments and any income from them can go down as well as up and you may not get back what you originally invested. In addition, investment in Funds will also be subject to specific risks. Details of these risks are contained in the Key Investor Information Document which are designed to provide important information about the nature of the investments and also the risks involved.

Some of the data on this page and other related pages is received from the Fund Management Company administering this fund or other third parties. We will not be liable to you where we have acted reasonably in relying on information provided to us by a third party.

Past performance overview - fund vs. sector

A - ASI European Smaller Companies I Acc
B - Sector: IA European Smaller Companies

Past performance of the fund since launch

Past performance is not a guide to future performance

Cumulative Past Performance

  3 mth 6 mth 1 yr 3 yr 5 yr
ASI European Smaller Companies I Acc 6.56% 13.08% 47.29% 52.18% 122.50%
IA European Smaller Companies 6.06% 18.67% 56.05% 30.66% 82.47%
Relative to Sector 0.47% -4.71% -5.62% 16.47% 21.93%
Rank within sector 5/11 8/11 9/11 2/10 2/10

Discrete Past Performance

  31/03/20 31/03/21 31/03/19 31/03/20 31/03/18 31/03/19 31/03/17 31/03/18 31/03/16 31/03/17
ASI European Smaller Companies I Acc 45.35% -7.22% 9.55% 12.34% 26.05%
IA European Smaller Companies 57.67% -14.66% -5.34% 11.97% 22.08%
Relative to Sector -7.81% 8.71% 15.73% 0.32% 3.26%
Rank within sector 11/11 1/10 1/10 1/10 6/10

Discrete Past Performance figures are calculated on a bid/mid (buying) price basis with net income (dividends) reinvested

Asset Allocation - as at March 31, 2021

Rank Key Name %
Weighting
1 UK Equities 25.39%
2 Swedish Equities 13.12%
3 Italian Equities 12.09%
4 German Equities 12.05%
5 Swiss Equities 12.00%
6 OTHERS 8.47%
7 French Equities 8.11%
8 Austrian Equities 3.54%
9 Money Market 2.85%
10 Spanish Equities 2.37%

Asset Breakdown

Region Breakdown - as at March 31, 2021

Rank Key Name %
Weighting
1 UK 26.19%
2 Germany 13.34%
3 Sweden 13.12%
4 Italy 12.09%
5 Switzerland 12.03%
6 France 8.11%
7 OTHERS 6.36%
8 Austria 3.54%
9 Luxembourg 2.85%
10 Spain 2.37%

Region Breakdown

Sector Breakdown - as at March 31, 2021

Rank Key Name %
Weighting
1 Health Care 26.65%
2 Industrials 23.07%
3 Information Technology 13.72%
4 Financials 11.38%
5 Consumer Staples 7.87%
6 Consumer Discretionary 6.49%
7 Communications 3.32%
8 Mutual Funds 2.85%
9 Materials 2.33%
10 OTHERS 2.31%

Sector Breakdown

Top Holdings - as at March 31, 2021

Rank Name %
Weighting
Rank Name %
Weighting
1 Interparfums SA 5.20% 6 Diploma PLC 3.30%
2 Amplifon SpA 4.20% 7 Dechra Pharmaceuticals PLC 3.30%
3 AddTech AB 4.10% 8 AVEVA Group PLC 3.10%
4 Tecan Group AG 3.60% 9 Teleperformance 2.90%
5 Lagercrantz Group AB 3.30% 10 Addlife AB 2.70%