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UK Smaller Companies sector
M&G Smaller Companies Fund
Managed by M&G Securities LimitedPart of M&G Investment Funds (3)
Latest factsheet
Jul 2026
Fund size
£151.1m
Yearly charge
1.25%
Manager fee
–
Income yield
1.65%
Holdings
73
Launched
27 Sept 1967
The fund aims to achieve a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, over five years than the Deutsche Numis Smaller Companies Index (excluding Investment Companies). The fund is a well-diversified but high-conviction portfolio of UK smaller company shares constructed via a bottom-up approach to stockpicking. A long-term perspective is adopted with particular focus placed on growth, competitive advantage, change, quality of management and valuation.
James Taylor (Fund manager) · Garfield Kiff (Deputy fund manager) · Hilary Aldridge (Deputy fund manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1Y | +5.80% | – | +11.60% | – |
| 1Y | -5.70% | – | +4.80% | – |
| 1Y | +22.60% | – | +18.20% | – |
| 1Y | -7.70% | – | +2.70% | – |
| 1Y | -20.50% | – | -13.00% | – |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Hill & Smith Holdings | 4.00% | |
| 2 | Watches of Switzerland Group | 2.70% | |
| 3 | Premier Foods | 2.70% | |
| 4 | AJ Bell | 2.60% | |
| 5 | Safestore Holdings | 2.40% | |
| 6 | XP Power | 2.40% | |
| 7 | Dixons Carphone | 2.20% | |
| 8 | Saga | 2.20% | |
| 9 | OSB Group | 2.00% | |
| 10 | Team17 Group | 2.00% | |
| 11 | Cash | 0.40% |
Portfolio breakdown
Sector
| Consumer discretionary | 24.00% | |
| Financials | 20.40% | |
| Industrials | 19.90% | |
| Real Estate | 8.40% | |
| Consumer staples | 7.60% | |
| Technology | 6.70% | |
| Basic materials | 4.70% | |
| Health care | 3.80% | |
| Energy | 3.00% | |
| Telecommunications | 1.10% | |
| Utilities | 0.00% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Sterling A Acc | GB0031289431 | – | acc | – | – | 1.25% | £500 |
| Sterling A Inc | GB0031289324 | – | inc | – | – | 1.25% | £500 |
| Sterling I Acc | GB00B75DFL82 | – | acc | – | – | 0.85% | £500k |
| Sterling I Inc | GB00B7N1NG56 | – | inc | – | – | 0.85% | £500k |
| Sterling R Acc | GB00B6Z83898 | – | acc | – | – | 1.10% | £500 |
| Sterling R Inc | GB00B79BM732 | – | inc | – | – | 1.10% | £500 |
| – | GB00B0GSGM14 | – | – | – | – | – | – |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 22 Aug 2026 |