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At a glance performance and information

Eligibility:

Share Dealing Account

ISA

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Fund:

Mirabaud Discovery Europe Ex-UK D Cap GBP
Sector:

IA European Smaller Companies
Benchmark:

Index

Discrete calendar year performance

Discrete calendar year performance
Investment	31/03/20 to 31/03/21	31/03/21 to 31/03/22	31/03/22 to 31/03/23	31/03/23 to 31/03/24	31/03/24 to 31/03/25
Mirabaud Discovery Europe Ex-UK D Cap GBP	55.06%	12.90%	-8.37%	7.73%	14.48%
IA European Smaller Companies	57.67%	1.16%	-4.65%	5.38%	-0.35%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Trailing returns

(*annualised)

Trailing returns
Investment	3 months	6 months	1 year	3 years*	5 years*
Mirabaud Discovery Europe Ex-UK D Cap GBP	4.01%	15.29%	17.31%	8.03%	14.05%
IA European Smaller Companies	2.90%	6.53%	4.74%	3.37%	9.01%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Overview

Fund Objective: The objective of the Fund is to achieve capital growth in the medium to long-term by investing primarily, in equities and equity-type securities of small and medium-sized companies having their registered office in, or carrying the majority of their activities in, or generating the majority of their revenue from Europe excluding the UK or listed on a European regulated market, excluding the UK ones. These companies may include European emerging markets companies.

Manager name	Mirabaud Asset Management (Europe) SA
Manager start date	19 November 2018
Manager Biography	Hywel Franklin, Head of European Equities within Mirabaud Asset Management, has experience in the industry since 2001. Prior to joining Mirabaud Asset Management in November 2018, Franklin was a Senior Portfolio Manager at UBS and held a number of roles including Head of Global Smaller Companies, Portfolio Manager/Analyst Global Equities, and Head of Thematic Equities. Hywel Franklin holds an Master of Arts degree in French and German from the University of Oxford and is a CFA Charterholder.

Investment style:	Growth
Region (geographical)	Europe Ex UK

Benchmark	N/A
Sector	IA European Smaller Companies
FE fundinfo Rating	4 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge	Who receives this?	What is it?	Amount
Initial charge:	The fund manager	Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.	0.00%
Ongoing Charges:	The fund manager	The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.	1.08%
Performance Fee:	The fund manager	A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.	N/A
Typical transaction cost:	The fund manager	The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.	0.188%*
Dealing commission:	Halifax	The cost of buying or selling some or all of your investment.	£9.50 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.
Account charges are not included
Key Investor Information Document (KIID)Open KIID document
Fees & Charges

Breakdown

Asset Allocation

Fund size: 91,363,079.33 GBP

Chart date: May 2, 2025

Top 10 Holdings

Top 10 Holdings
Security	Weight
Credito emiliano s.p.a. abbreviabile in credembanca e in credem	6.30%
Academedia ab	5.70%
Glenveagh properties plc	5.40%
Ksb se & co. kgaa -vz-	5.10%
Gaztransport et technigaz	5.00%
Truecaller ab	4.80%
Norma group se	4.60%
Duerr ag	4.50%
Ambea ab	4.30%
Do & co restaurants & caterung ag	3.80%

Sectors

Sectors
Sectors	Weight
Industrials	31.30%
Cyclical Consumer Goods	19.20%
Financials	13.50%
Information Technology	11.20%
Health Care	7.80%
Real Estate	5.20%
Energy	5.00%
Money Market	3.00%
Non-Cyclical Consumer Goods	2.80%
Materials	1.00%

World regions

World regions
Country	Weight
Sweden	26.50%
Germany	24.10%
Switzerland	11.20%
Italy	7.80%
Ireland	7.30%
France	6.60%
Spain	4.80%
Austria	3.80%
Money Market	3.00%
Norway	1.80%

ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements.

The FCA website sets out further information in relation to the sustainability labelling and disclosure requirements.

Mirabaud Discovery Europe Ex-UK D Cap GBP