UK Multi Cap Income Fund

The Acuim UK Multi Cap Income Fund aims to provide attractive levels of dividends coupled with capital growth over the long term. The fund is able to invest across the market cap spectrum of UK quoted companies, and will make selections on the basis that they have scope to grow dividends at a faster rate over the long-term when compared to other funds in the sector

Key points about the Acuim UK Multi Cap Income Fund:

• Target yield of 5%+ - fees and costs are charged against capital so all dividend income can be paid to the investors
• The emphasis on opportunities to provide ‘good and growing’ income
• A way to diversify the delivery of income and growth alongside existing income and growth funds
• The flexibility to invest in UK companies of all market capitalisations
• The fund is not constructed or managed against a specific index or benchmark
• The potential for the fund to grow the initial rate of dividend at a faster rate over the long-term when compared to other funds that invest predominantly in large cap stocks
• Quarterly income payments
• A diversified portfolio of 80-120 holdings

To provide shareholders with an attractive level of dividends coupled with capital growth over the long term. The fund will invest primarily in quoted UK companies with a wide range of market capitalisations but a long-term bias toward small and mid cap equities. The company may also invest in large cap companies, including FTSE 100 constituents, where it is believed that this may increase shareholder value. There will be no particular emphasis on any industrial or economic sector.

The fund may also invest in collective investment schemes, cash, money market instruments, other transferable securities and derivatives and forward transactions.

Gervais Williams – Lead Fund Manager

Gervais Williams also manages the Diverse Income Trust plc and is Managing Director of MAM Funds Plc. Gervais has been an equity portfolio manager since 1985. His career includes 5 years with Throgmorton Investment Management (later part of the Framlington Group), 3 years with Thornton Investment Management (part of Dresdner Bank) and 17 years with Gartmore Group Ltd where he was head of UK Small Companies investing in UK smaller companies and Irish equities. He won Investor of the Year awarded by Grant Thornton at their Quoted Company dinner in both 2009 and 2010. He has sat on two DTI committees on the quoted small cap sector, is a member of the AIM Advisory Council and recently joined the Board of Quoted Companies Alliance.

Martin Turner – Co Fund Manager

Martin Turner joined MAM Funds in May 2011. Prior to MAM, Martin has spent nearly 20 years in the City. He qualified as a Chartered Accountant with Arthur Andersen in 1995 before moving to Rothschild and in time on to Head of Pan European Mid and Small Caps Sales at Merrill Lynch. Following this, Martin was Head of Sales at Teathers/Landsbanki before taking the Head of Small/Mid Cap Equities role covering research, sales and trading at Collins Stewart. Martin and Gervais have worked closely since 2004, and their expertise and skills are expected to complement each other in seeking to deliver premium returns for their investors.

A bottom-up investment approach, with a highly diversified portfolio of stocks (around 100 stocks, few accounting for more than 1.5% of assets) of various market capitalisation sizes, but with a bias to mid and small cap companies. The portfolio will not target any particular benchmark.

• Absolute return mentality for each investment decision taken
• Macro considerations determine investment timing, including the outlook for the overall market, and can preclude investment in specific sectors such as high-street banking
• Detailed knowledge of addressable universe of companies
• Detailed and regular meetings with company management teams