Jupiter UK Smaller Companies Class I Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/01/21 to 31/01/22 |
31/01/22 to 31/01/23 |
31/01/23 to 31/01/24 |
31/01/24 to 31/01/25 |
31/01/25 to 31/01/26 |
|
|---|---|---|---|---|---|
| Fund | 5.5% | -24.1% | -5.9% | 7.1% | 3.6% |
| Sector | 12.8% | -16.3% | -2.7% | 5.9% | 10.6% |
| Rank | 38/43 | 39/43 | 35/43 | 20/43 | 38/44 |
| Quartile | 4 | 4 | 4 | 2 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/01/26 |
5 Years to 31/01/26 |
10 Years to 31/01/26 |
||
| Fund | 1.4% | -3.5% | 4.5% | |
| Sector | 4.5% | 1.5% | 6.3% | |
| Rank | 33/43 | 41/43 | 31/36 | |
| Quartile | 4 | 4 | 4 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MORGAN SINDALL GROUP | 3.48 |
| OSB GROUP | 3.37 |
| HILL & SMITH | 3.34 |
| KELLER GROUP | 3.20 |
| JTC | 2.98 |
| DFS FURNITURE | 2.98 |
| WICKES GROUP | 2.90 |
| COATS GROUP | 2.86 |
| Workspace Group Workspace Group Plc Ord GBP1 | 2.85 |
| FORESIGHT GROUP HOLDINGS LIMITED | 2.82 |
| Total | 30.78 |
Fund Aims
To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the Deutsche Numis Smaller Companies Index excluding Investment Companies over rolling 3 year periods.
Fund Manager
Tim is an Investment Manager in the UK Small & Mid Cap Equities team. Before joining Jupiter, Tim worked at Merian Global Investors as a UK equity fund manager. Prior to this, he worked at J.P. Morgan where he was an analyst covering European food producers and home and personal care sectors. Before this, he was an analyst at ABN Amro, covering the food retail sector. He began his investment career in 2002. Tim has a BA in modern history and is a CFA charterholder.
Matt is an Investment Manager in the UK Small & Mid Cap Equities team. Before joining Jupiter, Matt worked at M&G for 11 years, during which time he was a member of the smaller companies team, and was involved in the running of c. £850m of assets. He began his investment career in 2001. Matt has a degree in pharmacology and is a CFA charterholder.
Fund Overview
| Mid (11/02/2026) | 228.71p |
| Historic yield | 1.60% |
| Fund size (31/12/2025) | £312.28m |
| Number of holdings | 295 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.99% |
| Launch date | 11/09/2012 |
Asset Allocation
| UK Equities | 95.83% | |
| International Equities | 2.08% | |
| Cash and Equivalents | 0.84% | |
| Money Market | 0.52% | |
| International Bonds | 0.13% | |
| UK Corporate Bonds | 0.02% | |
| Other Assets | 0.58% |
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 95.83% | |
| International Equities | 2.08% | |
| Cash and Equivalents | 0.84% | |
| Money Market | 0.52% | |
| International Bonds | 0.13% | |
| UK Corporate Bonds | 0.02% | |
| Other Assets | 0.58% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 36.60% | - | - | - | |
| Industrial Goods & Services | - | 22.12% | - | - | |
| Industrial Support Services | - | - | 6.79% | - | |
| Professional Business Support Services | - | - | - | 2.99% | |
| Industrial Suppliers | - | - | - | 2.20% | |
| Business Training & Employment Agencies | - | - | - | 1.60% | |
| Electronic & Electrical Equipment | - | - | 5.48% | - | |
| Electrical Components | - | - | - | 3.42% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 2.06% | |
| General Industrials | - | - | 2.86% | - | |
| Diversified Industrials | - | - | - | 2.86% | |
| Aerospace & Defence | - | - | 2.68% | - | |
| Aerospace | - | - | - | 1.69% | |
| Defense | - | - | - | 1.00% | |
| Industrial Engineering | - | - | 2.31% | - | |
| Machinery: Specialty | - | - | - | 1.57% | |
| Machinery: Industrial | - | - | - | 0.73% | |
| Industrial Transportation | - | - | 1.99% | - | |
| Marine Transportation | - | - | - | 1.99% | |
| Construction & Materials | - | 14.48% | - | - | |
| Construction & Materials | - | - | 14.48% | - | |
| Building Materials: Other | - | - | - | 5.71% | |
| Engineering & Contracting Services | - | - | - | 5.29% | |
| Construction | - | - | - | 3.48% | |
| Consumer Discretionary | 19.97% | - | - | - | |
| Retail | - | 9.90% | - | - | |
| Retailers | - | - | 9.90% | - | |
| Home Improvement Retailers | - | - | - | 8.22% | |
| Specialty Retailers | - | - | - | 1.68% | |
| Travel & Leisure | - | 6.85% | - | - | |
| Travel & Leisure | - | - | 6.85% | - | |
| Restaurants & Bars | - | - | - | 2.81% | |
| Travel & Tourism | - | - | - | 2.71% | |
| Airlines | - | - | - | 1.33% | |
| Media | - | 3.22% | - | - | |
| Media | - | - | 3.22% | - | |
| Media Agencies | - | - | - | 3.22% | |
| Financials | 12.81% | - | - | - | |
| Financial Services | - | 12.81% | - | - | |
| Investment Banking & Brokerage Services | - | - | 7.97% | - | |
| Asset Managers & Custodians | - | - | - | 5.80% | |
| Investment Services | - | - | - | 2.16% | |
| Finance & Credit Services | - | - | 4.84% | - | |
| Mortgage Finance | - | - | - | 4.84% | |
| Real Estate | 6.83% | - | - | - | |
| Real Estate | - | 6.83% | - | - | |
| Real Estate Investment Trusts | - | - | 6.12% | - | |
| Office REITs | - | - | - | 6.12% | |
| Real Estate Investment & Services | - | - | 0.71% | - | |
| Real Estate Holding and Development | - | - | - | 0.71% | |
| Technology | 6.20% | - | - | - | |
| Technology | - | 6.20% | - | - | |
| Software & Computer Services | - | - | 6.20% | - | |
| Software | - | - | - | 2.96% | |
| Computer Services | - | - | - | 1.91% | |
| Consumer Digital Services | - | - | - | 1.33% | |
| Consumer Staples | 3.56% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.56% | - | - | |
| Food Producers | - | - | 3.56% | - | |
| Food Products | - | - | - | 3.56% | |
| Basic Materials | 3.34% | - | - | - | |
| Basic Resources | - | 3.34% | - | - | |
| Industrial Metals & Mining | - | - | 3.34% | - | |
| Metal Fabricating | - | - | - | 3.34% | |
| Telecommunications | 2.48% | - | - | - | |
| Telecommunications | - | 2.48% | - | - | |
| Telecommunications Service Providers | - | - | 2.48% | - | |
| Telecommunications Services | - | - | - | 2.48% | |
| Utilities | 2.14% | - | - | - | |
| Utilities | - | 2.14% | - | - | |
| Electricity | - | - | 2.14% | - | |
| Conventional Electricity | - | - | - | 2.14% | |
| Health Care | 1.99% | - | - | - | |
| Health Care | - | 1.99% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.99% | - | |
| Biotechnology | - | - | - | 1.99% | |
| Energy | 1.98% | - | - | - | |
| Energy | - | 1.98% | - | - | |
| Non-Renewable Energy | - | - | 1.98% | - | |
| Oil Equipment & Services | - | - | - | 1.98% | |
| Cash and Equivalents | 1.36% | - | - | - | |
| Non-Classified | 0.58% | - | - | - | |
| Non-Classified | - | 0.00% | - | - | |
| Non-Classified | - | - | 0.00% | - | |
| Non-Classified | - | - | - | 0.00% | |
| Bonds | 0.16% | - | - | - | |
Regional Allocation
| UK | 95.85% | |
| Cash and Equivalents | 1.36% | |
| Developed Asia | 1.34% | |
| Developed Europe - Excl UK | 0.80% | |
| Non-Classified | 0.58% | |
| Japan | 0.04% | |
| Australia & New Zealand | 0.02% | |
| North America | 0.01% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.14% | |
| Cash | 0.70% | |
| Pound Sterling | 0.14% | |
| Unrecognised | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 95.85% | - | |
United Kingdom
|
- | 95.85% | |
| Cash and Equivalents | 1.36% | - | |
| Developed Asia | 1.34% | - | |
Singapore
|
- | 1.34% | |
| Developed Europe - Excl UK | 0.80% | - | |
Ireland
|
- | 0.74% | |
France
|
- | 0.04% | |
Norway
|
- | 0.01% | |
Germany
|
- | 0.00% | |
Sweden
|
- | 0.00% | |
| Non-Classified | 0.58% | - | |
| Japan | 0.04% | - | |
Japan
|
- | 0.04% | |
| Australia & New Zealand | 0.02% | - | |
Australia
|
- | 0.02% | |
| North America | 0.01% | - | |
Canada
|
- | 0.01% | |
United States
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Medium |
|
48.94% |
| Small |
|
37.58% |
| Micro |
|
9.29% |
| Non-Classified |
|
2.66% |
| Bonds |
|
0.16% |
| Cash |
|
1.36% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MORGAN SINDALL GROUP | 3.48% | Construction & Materials | United Kingdom |
| 2 | OSB GROUP | 3.37% | Finance & Credit Services | United Kingdom |
| 3 | HILL & SMITH | 3.34% | Industrial Metals & Mining | United Kingdom |
| 4 | KELLER GROUP | 3.20% | Construction & Materials | United Kingdom |
| 5 | JTC | 2.98% | Investment Banking & Brokerage Services | United Kingdom |
| 6 | DFS FURNITURE | 2.98% | Retailers | United Kingdom |
| 7 | WICKES GROUP | 2.90% | Retailers | United Kingdom |
| 8 | COATS GROUP | 2.86% | General Industrials | United Kingdom |
| 9 | Workspace Group Workspace Group Plc Ord GBP1 | 2.85% | Real Estate Investment Trusts | United Kingdom |
| 10 | FORESIGHT GROUP HOLDINGS LIMITED | 2.82% | 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 | 6.20% | - | - | - | - | - | - | - | 6.20% |
| Telecommunications | 2.48% | - | - | - | - | - | - | - | 2.48% |
| Financials | 12.81% | - | - | - | - | - | - | - | 12.81% |
| Real Estate | 6.83% | - | - | - | - | - | - | - | 6.83% |
| Consumer Discretionary | 19.97% | - | - | - | - | - | - | - | 19.97% |
| Consumer Staples | 2.82% | 0.74% | - | - | - | - | - | - | 3.56% |
| Energy | 1.98% | - | - | - | - | - | - | - | 1.98% |
| Utilities | 2.14% | - | - | - | - | - | - | - | 2.14% |
| Health Care | 1.99% | - | - | - | - | - | - | - | 1.99% |
| Industrials | 35.27% | 1.34% | - | - | - | - | - | - | 36.60% |
| Basic Materials | 3.34% | - | - | - | - | - | - | - | 3.34% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.84% | 0.84% |
| Bonds | - | - | 0.02% | 0.13% | - | - | - | - | 0.16% |
| Non-Classified | - | - | - | - | - | - | 0.58% | 0.52% | 1.09% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B8FD429 |
| Mex Code | PCAAAF |
| Isin Code | GB00B8FD4291 |
| Citi Code | GR8Z |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.99% |
Aims and Benchmark
| Aims | To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the Deutsche Numis Smaller Companies Index excluding Investment Companies over rolling 3 year periods. |
| Benchmark | Deutsche Numis Smaller Companies Index excluding Investment Companies |
| Benchmark Category | - |
| IA Sector | UK Smaller Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £0.50 |
| 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 |
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 | Northern Trust Global Services Limited |
| Fund Administrator | Northern Trust Global Services Limited |
| Fund Registrar | SS&C TECHNOLOGIES INC |
| Fund Custodian | The Northern Trust Company |
Group Details
| Group name | Jupiter Unit Trust Managers Limited |
| Group address | The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ |
| Group telephone | 020 3817 1063 |
| Dealing telephone | 0800 561 4000 |
| intermediary-sales-support@jupiteram.com | |
| Homepage | www.jupiteram.com |
| Fax number | 0800 561 4001 |
Dealing
| Minimum Investment | £5000000 |
| Minimum Top Up | £150000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -3.20 |
| Beta | 1.11 |
| Sharpe | 0.00 |
| Standard Deviation | 13.13 |
| Info Ratio | -0.79 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | Yes |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Important Information
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.