The Jupiter UK Smaller Companies Fund seeks to achieve long-term capital growth by investing primarily in the UK in high quality smaller companies. This is a relatively under-researched area of the UK market in contrast to larger FTSE 100 companies. For skilful stock pickers this can be an advantage, as not only are there greater opportunities for mis-pricing, but also the opportunity to find exciting growth companies at an earlier stage in their development.

The fund manager, Richard Curling, looks for long term quality growth businesses with an eye to companies with strong management leadership, sound balance sheets, robust business models and visible long-term growth drivers. He emphasises businesses which generate a premium return on their invested capital, have high margins relative to their industry and generate a free cash flow.

Fund manager 
Richard Curling assumed management of the Fund in April 2006.

Key fund facts

• Over 50% of the portfolio is invested in high quality smaller companies with good growth potential over medium to long-term, identified through meetings between the fund manager and company management and quantitative screening processes.

The remainder of the Fund is invested in special situations and thematic investments where earnings momentum is positive.

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 Fund factsheet