TM Tellworth UK Smaller Companies

Launched in November 2018, the fund is a continuation of the fundamental, bottom up UK Smaller Companies strategy Paul Marriage and John Warren ran for over 12 years, whilst at Cazenove and latterly Schroders.

Investing in UK listed/UK registered companies only, with a typical market cap range between £100-500m, the strategy has no style or sector bias and crucially is capacity constrained.

Fund information

Fund managers

Paul Marriage & John Warren

Asset Class

Equity

IA Sector

UK Smaller Companies

Benchmark

Numis Smaller Companies plus AIM ex-investment Companies

Currency

GBP

Launch date

29th November 2018

Domicile

United Kingdom

Structure

UCITS

Share class information

Share Class ISIN SEDOL Annual Charge Ongoing Charge Minimum Investment
F Acc GB00BDTM8B47 BDTM8B4 0.85% 0.93% £10,000,000
F Inc GB00BNR4KT46 BNR4KT4 0.85% 0.93% £10,000,000
I Acc GB00BDTM8C53 BDTM8CS 1.00% 1.08% £100,000
I Inc GB00BNR4KV67 BNR4KV6 1.00% 1.08% £100,000

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This website is suitable for investment professionals only and not for retail investors.

1. Important Information

BennBridge Ltd (“BennBridge”) is a limited company registered in England with registered number 10480050. The registered office is Windsor House, Station Court, Station Road, Great Shelford, Cambridge CB22 5NE. BennBridge is authorised and regulated by the Financial Conduct Authority (FRN: 769109). Tellworth Investments LLP (“Tellworth”) (FRN: 78750) is an appointed representative of BennBridge. BennBridge is the UK regulated entity and the appointed investment manager to the Funds referred to throughout this website.

Any projections, market outlooks or estimates contained in this website constitute forward looking statements, and are based on certain assumptions and subject to certain known and unknown risks. Accordingly, such forward looking statements should not be relied upon as being indicative of future performance or events.

Past performance is not indicative of future results. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.

In the United Kingdom, this website is only available to persons who are (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”), (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) to any other persons to whom such communications may lawfully be made. It must not be acted, or relied, upon by any other persons.

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The views and opinions contained herein are those are those of Paul Marriage and John Warren, Fund Managers. They do not necessarily represent views expressed or reflected in other BennBridge investment communications or strategies and are subject to change.

2. Risk Factors

The counterparty to a derivative or other contractual agreement or synthetic financial product could become unable to honour its commitments to the fund, potentially creating a partial or total loss for the fund. The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. A derivative may not perform as expected, and may create losses greater than the cost of the derivative. If a fund uses derivatives for leverage, it makes it more sensitive to certain market or interest rate movements and may cause above-average volatility and risk of loss.

Equity prices fluctuate daily, based on many factors including general, economic, industry or company news. In difficult market conditions, the fund may not be able to sell a security for full value or at all. This could affect performance and could cause the fund to defer or suspend redemptions of its shares. The fund may take positions that seek to profit if the price of a security falls. A large rise in price of the security may cause large losses. Failures at service providers could lead to disruptions of fund operations or losses.

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