Rathbone UK Opportunities Fund

Document Library

For additional fund documents and share classes visit our literature library

Awards and Ratings

Why invest in the Rathbone UK Opportunities Fund?

• A tight portfolio of high-quality UK-listed companies, predominantly mid-caps but investing from AIM to the FTSE 100
• Long-term outperformance in UK equities has come from mid-caps rather than large caps in the past, albeit that isn’t a guarantee of future results
• We assess companies using our global experience, rather than simply a UK lens, to avoid the parochial and identify world-class businesses, whatever their size. This also helps corrects for large biases to certain industries in the FTSE 100
• A persistent focus on liquidity to avoid being a forced seller, and we don’t buy unlisted securities 

We search the whole of the UK for tomorrow’s quality compounders – businesses that grow steadily and reliably, with durable advantages over their competitors. We usually hold only 50 to 60 stocks in our fund, often concentrated in certain sectors, which means our performance can deviate significantly from the return of the UK stock market.

While we invest in companies of all sizes, we gravitate toward medium-sized businesses because they tend to meet our investment criteria and often provide the best reward for the amount of risk we wish to take. Our criteria target companies with robust business models and capable managers who can take advantage of opportunities in their industries. We don't take chances on businesses that can't make a profit in the near future or which are dependent on one or two risky ventures.

We use our investment criteria as a regular checklist for our investments, testing whether the reasons we bought them still hold true. It also helps us sell our holdings at the right time: when growth is exhausted or risks have risen.

The objective of our fund is to deliver a greater total return than the FTSE All-Share Index, after fees, over any five-year period. There is no guarantee that this investment objective will be achieved over five years, or any other time period. We use this index as a target for our fund’s return because we want to offer you a better return than the UK stock market. You can find our fund’s full objective and investment policy in our Key Investor Information Document (KIID).

Click here for the latest assessment of our performance.