Morningstar Fund Report  | 10/04/2025Print

Premier Miton UK Smaller Companies Fund Class B Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Premier Miton UK Smaller Companies Fund Class B Accumulation
Fund22.7-30.6-15.78.1-3.3
+/-Cat-0.2-6.5-15.52.53.8
+/-B’mrk---22.63.50.3
 
Category: UK Small-Cap Equity
Category Benchmark: Morningstar UK Small Cap TM...
Key Stats
NAV
10/04/2025		 GBX 247.10
Day Change 2.53%
Morningstar Category™ UK Small-Cap Equity
IA (formerly IMA) Sector UK Smaller Companies
ISIN GB00B8JWZP29
Fund Size (Mil)
09/04/2025		 GBP 37.89
Share Class Size (Mil)
09/04/2025		 GBP 34.93
Max Initial Charge 5.00%
Ongoing Charge
12/02/2025		  0.91%
Investment Objective: Premier Miton UK Smaller Companies Fund Class B Accumulation
The objective of the Fund is to provide capital growth over the long-term, being five years or more. The Investment Manager aims to achieve the objective of the Fund by investing in an actively managed portfolio with a minimum of 70% of its assets in shares of smaller companies incorporated or domiciled in the UK.
Returns
Trailing Returns (GBP)10/04/2025
YTD-5.72
3 Years Annualised-13.33
5 Years Annualised8.02
10 Years Annualised3.93
12 Month Yield 0.64
Management
Manager Name
Start Date
Gervais Williams
14/12/2012
Martin Turner
14/12/2012
Inception Date
14/12/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Small Cap Ex Invest Trust TR GBPMorningstar UK Small Cap TME NR GBP
Portfolio Profile for  Premier Miton UK Smaller Companies Fund Class B Accumulation31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock1623.586.701616.88
Bond0.000.000.00
Property0.000.000.00
Cash6.321523.30-1516.98
Other0.250.150.10
Top 5 Regions%
United Kingdom96.13
Eurozone3.11
Canada0.42
Africa0.11
Asia - Emerging0.10
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
WTS.IRONVELD (WARRANTS)1303.07
WTS.IRONVELD PLC ORD GBP091.61
WTS.IRONVELD WARRANTS39.58
WTS.IRONVELD PLC ORD GBP027.48
WTS GENFLOW BIOSCIENCES17.59
Increase Decrease New since last portfolio
Premier Miton UK Smaller Companies Fund Class B Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Premier Miton UK Smaller Companies Fund Class B Accumulation
Category:  UK Small-Cap Equity
Category Index:  Morningstar UK Small Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.54-13.9977.3322.68-30.56-15.728.13-3.32
+/- Category3.43-39.2570.04-0.17-6.54-15.482.503.78
+/- Category Index------22.623.460.34
% Rank in Category221001527699308
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day2.53   3.865.24
1 Week-0.96   6.298.10
1 Month-4.34   5.186.58
3 Months-6.97   5.201.89
6 Months-3.25   11.5410.71
YTD-5.72   8.325.90
1 Year-4.22   6.583.14
3 Years Annualised-13.33   -5.38-8.77
5 Years Annualised8.02   4.295.57
10 Years Annualised3.93   -0.452.07
 
Category: UK Small-Cap Equity
Category Index: Morningstar UK Small Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-3.32---
20244.874.37-2.681.51
2023-10.15-6.623.40-2.85
2022-11.56-11.47-17.457.43
202120.355.53-4.030.66
2020-18.1146.5813.2130.49
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAverage1 star
5-YearAbove AverageHigh3 star
10-YearAverageBelow Average3 star
OverallAverageAverage3 star
 
Category :  UK Small-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.01 %
3-Yr Mean Return-10.41 %
 
3-Yr Sharpe Ratio-0.94
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Small Cap TME NR GBP  Euronext BEL 20 NR EUR
3-Yr Beta0.641.07
3-Yr Alpha-12.27-14.82
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP --
Market Capitalisation% of Equity
Giant-
Large-
Medium-
Small-
Micro-
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings8.440.74
Price/Book1.020.67
Price/Sales0.660.76
Price/Cash Flow4.090.57
Dividend-Yield Factor3.671.02
 
Long-Term Projected Earnings Growth21.372.34
Historical Earnings Growth12.095.59
Sales Growth-4.80-1.19
Cash-Flow Growth4.781.04
Book-Value Growth-39.54-30.27
 
Category: UK Small-Cap Equity
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock1623.586.701616.88
Bond0.000.000.00
Property0.000.000.00
Cash6.321523.30-1516.98
Other0.250.150.10
World Regions31/12/2024
 % of EquityRelative to Category
United States0.050.05
Canada0.421.52
Latin America0.000.00
United Kingdom96.131.00
Eurozone3.113.08
Europe - ex Euro0.000.00
Europe - Emerging0.010.38
Africa0.110.43
Middle East0.070.16
Japan0.00-
Australasia0.000.01
Asia - Developed0.000.00
Asia - Emerging0.100.75
 
Category: UK Small-Cap Equity
Sector Weightings31/12/2024
 % of EquityRelative to Category
 
Category: UK Small-Cap Equity
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings120
Total Number of Bond Holdings0
Assets in Top 10 Holdings1515.36
NameSectorCountry% of Assets
WTS.IRONVELD (WARRANTS)United Kingdom1303.07
WTS.IRONVELD PLC ORD GBP0United Kingdom91.61
WTS.IRONVELD WARRANTSFrance39.58
WTS.IRONVELD PLC ORD GBP0United Kingdom27.48
WTS GENFLOW BIOSCIENCESUnited Kingdom17.59
WTS UNITED OIL & GASUnited Kingdom9.30
WTS ETHERNITY NETWORKSUnited Kingdom9.10
WTS.GLOBAL CONNECTIVITYUnited Kingdom6.42
Ondo InsurTech PLC Ordinary Shares311United Kingdom5.81
WTS. CYANCANNODE WARRANTSFrance5.38
 
Increase Decrease New since last portfolio
Category: UK Small-Cap Equity
 
Management
Name of CompanyPremier Portfolio Managers Limited
Phone0207 982 2703
Websitewww.premierfunds.co.uk/
AddressPremier Portfolio Managers Limited
 Guildford   GU1 3DE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date14/12/2012
Fund Advisor(s)
Premier Fund Managers Limited
Fund ManagerGervais Williams
Manager Start Date14/12/2012
Career Start Year1985
Education
1980, University of Liverpool
 
Biography
Gervais Williams joined Premier Miton in March 2011. He is Head of Equities and manages a number of funds and trusts. His fund management career extends over 30 years including 17 years at Gartmore Group Ltd, where he was head of UK Small Companies investing in UK smaller companies and Irish equities. Gervais is a member of the AIM Advisory Council, and a board member of the Quoted Companies Alliance and The Investment Association. He was a member of the Patient Capital Review panel with the Chancellor of the Exchequer where the recommendations were put into legislation in the subsequent budget. Gervais has published three books, 'Slow Finance' in the autumn of 2011 (Bloomsbury), 'The Future is Small' was published in November 2014 (Harriman House) and 'The Retreat of Globalisation' published in December 2016 (Harriman House).
Fund ManagerMartin Turner
Manager Start Date14/12/2012
Career Start Year1992
 
Biography
Martin Turner joined Premier Miton in May 2011. Martin's career began in 1992 with Arthur Andersen where he qualified as a Chartered Accountant. He has previously worked at Rothschild and as Head of Pan European Mid and Small Cap Sales at Merrill Lynch. Following this, Martin was Head of Sales at Teathers/Landsbanki before taking the Head of Small/Mid Cap Equities role covering research, sales and trading at Collins Stewart. Martin graduated from Warwick University with a degree in Accounting and Financial Analysis.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.91%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional1000  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes