SVM Asset Management - Funds - UK Opportunities Fund

The aim of the Fund is to achieve medium to long-term capital growth by investing principally in UK Companies listed on the London Stock Exchange and other permitted securities. The SVM UK Opportunities Fund is run on a high-conviction bottom-up stockpicking basis. The Fund is a compact portfolio of 45 to 55 stocks, carefully picked with an eye to prospective performance. All the stocks in the Fund are ‘high-conviction’ ideas, and our performance expectations are spread proportionally across the whole portfolio rather than concentrated on a few weighty holdings.

FUND UPDATE JUNE 2010: Following the unrest in markets over the past few weeks, Neil Veitch has prepared a statement to shed light on his Fund's current positioning.
> Read the statement

We are pleased to announce increased flexibility on pricing across the entire SVM Retail OEIC Fund range by enhancing initial commission up to 5.25%.

The offer will run from 1st October 2009 until further notice while we await the publication of the Retail Distribution Review. It allows intermediaries to rebate up to 5.25% of their commission to clients, so if an adviser is remunerated on a fee basis they can choose not to take any commission and give their clients access to SVM's funds with no initial charge.

> How to invest

Latest Fact Sheet (Aug 10)

Download PDF (will open in a new window)

(Details as at 31 July 2010)

Neil Veitch hosted a web conference on 22nd September giving an update on the Fund and the opportunites he sees in the market.

> Listen to a recording of the conference call

	Price	Date
Retail Share Class A	218.90 p	01 Sep 2010
Institutional Share Class B	232.00 p	01 Sep 2010

The prices for the Fund are calculated at 12 noon each day. The Fund operates on a forward pricing basis.

Please note that the above prices are for information purposes only and are not necessarily the price at which the Fund can be bought or sold.

The Fund was originally launched offshore on 20 March 2000.

Fund Codes

	Sedol	ISIN	MEX
Retail Share Class A	3206430	GB0032064304	SXUOR
Institutional Share Class B	3208481	GB0032084815	SXUOI

SVM has won the following award:

Lipper Fund Awards 2008
Best Overall Group – Equity Small category

The UK Opportunities Fund has the following rating:

Lipper: Total Return

Neil has over 14 years experience of investment management. Prior to joining SVM, Neil was responsible for UK mid & small cap investments at Dutch merchant bank, Kempen Capital Management. As well as managing the UK portfolios, Neil also managed European mandates. Neil holds a BA (Hons) in Economics, a MSc in Investment Management and is qualified as a Chartered Financial Analyst (CFA). His sector responsibilities include European industrials, technology, oil and gas E&P and UK support services & house builders.

> Meet the rest of the team

The Fund's aim is to achieve medium to long-term capital growth by investing principally in UK Companies listed on the London Stock Exchange and other permitted securities.