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UK Smaller Companies
UK Smaller Companies Fund
Managed by Liontrust Investment Partners LLPPart of Hbos Specialised Investment Funds ICVC
Latest factsheet
Aug 2026
Fund size
£309.8m
Yearly charge
1.59%
Manager fee
1.50%
Income yield
1.80%
Holdings
50
Launched
7 Aug 1995
The Fund is categorised 5 primarily for its exposure to UK small cap equities. The Fund may invest in companies listed on the Alternative Investment Market (AIM) which is primarily for emerging or smaller companies. As the Fund is primarily exposed to smaller companies there may be liquidity constraints from time to time, i.e. in certain circumstances, the fund may not be able to sell a position for full value or at all in the short term.
Anthony Cross · Victoria Stevens · Matt Tonge · Natalie Bell · Alex Game
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | +4.70% | +4.70% | +6.40% | Lower half |
| 3M | +1.50% | +4.60% | +3.40% | Bottom 25% |
| 6M | +0.20% | +10.10% | +11.10% | Bottom 25% |
| YTD | +4.40% | +2.90% | +2.80% | Top 25% |
| 1Y | -5.00% | +11.50% | +17.40% | Bottom 25% |
| 3Y | +2.30% | +29.00% | +51.10% | Bottom 25% |
| 5Y | -29.20% | -11.50% | +23.80% | Bottom 25% |
| Since launch | +1938.50% | +1224.10% | +787.00% | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +13.00% | +26.90% | -6.30% | +30.70% | +14.90% | +24.40% | -23.20% | -1.10% | -0.60% | -4.80% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Kainos Group PLC | 3.00% | |
| 2 | Tribal Group PLC | 2.90% | |
| 3 | EKF Diagnostics Holdings PLC | 2.80% | |
| 4 | Alfa Financial Software Holdings PLC | 2.80% | |
| 5 | Big Technologies plc | 2.70% | |
| 6 | Bioventix PLC | 2.70% | |
| 7 | Quartix Technologies PLC | 2.60% | |
| 8 | Focusrite PLC | 2.60% | |
| 9 | IntegraFin Holdings PLC | 2.60% | |
| 10 | Cohort PLC | 2.60% |
Portfolio breakdown
Sector
| Technology | 25.70% | |
| Industrials | 20.20% | |
| Financials | 16.80% | |
| Consumer Discretionary | 14.70% | |
| Health Care | 9.40% | |
| Cash & Derivatives | 5.50% | |
| Consumer Staples | 4.00% | |
| Real Estate | 2.10% | |
| Other | 1.60% |
Geography
| United Kingdom | 94.50% | |
| Other | 4.50% |
Market cap
| FTSE AIM | 57.10% | |
| FTSE 250 | 17.00% | |
| FTSE Small Cap | 8.40% | |
| FTSE Fledgling/Other | 0.30% | |
| Cash & Derivatives | 5.50% |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Aug 2026 | View original factsheet ↗ | 13 Sept 2026 |