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Franklin UK Mid Cap A Inc

Ranked 10 out of 11 in - UK Medium Companies over 12 months
All calculations are in GBP unless stated

Managed by

Richard Bullas

Mark Hall

Mark Hall says 'common sense' and 'pragmatism' are the main characteristics of his investment style which have helped him ride the changing tides of the stockmarket to great effect. Hall joined Rensburg in 1988 as a smaller companies investment analyst. He launched the BWD Aggressive Growth fund in September 2001 (renamed Rensburg UK Select Growth) for which he prefers to run a concentrated portfolio containing between 30 to 50 stocks across the market capitalisation range. Hall’s focus on absolute returns, and his freedom to invest across the market has enabled the fund to deliver consistently good performance. Hall enjoys walking, football and European cinema.

Paul Spencer

Halifax-born Paul Spencer studied Economics at Nottingham University before embarking on his investment management career with an eight year stint at BWD Rensburg from 1987 to 1995 during which time he became head of research. In July 1991, he was appointed fund manager of the firm’s UK Smaller Companies Trust. Paul left Rensburg in 1995 to join Granville Davies where he was director and a small and mid caps analyst, before moving to TD Waterhouse in 1999 taking on the post of head of research. In March 2006 Paul returned to Rensburg’s fund management team where he is now lead manager of the UK Mid Cap Growth Trust as well as being joint manager of the UK Managers Focus Trust. Paul holds the Securities Institute MSI Dip qualification and describes his investment approach for the funds under his management as “Style agnostic but with a high conviction idea portfolio” Away from the office Paul’s leisure interests include golf and bridge.


The Fund aims to achieve a total return (i.e. a combination of capital growth and income) exceeding that of the FTSE All-Share Index, over the medium to long term (meaning 3-5 years). The Fund will primarily invest in the equity securities of up to 50 small, medium and large UK companies. In addition, at the ACDs discretion, the Fund may also invest a proportion of its portfolio in other types of transferable securities including fixed interest and other debt related securities, cash and near cash, money market instruments, and other collective investment schemes.

Showing fund performance in United Kingdom View performance globally


UK Medium Companies over : 30/04/2015 - 30/04/2016
  • Rank 10/11 Total Return
  • Rank 11/11 Standard Deviation
  • Rank 8/11 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 -2.5%
2015 13.6% 8.4% 4.3% -3.6% 4.3%
2014 1.2% 2.6% -7.0% 0.6% 5.4%
2013 36.8% 14.6% 0.3% 7.5% 10.7%
2012 27.2% 17.5% -6.5% 10.2% 5.0%
2011 -6.0% 0.6% 5.5% -17.6% 7.5%
2010 32.7% 8.7% -5.5% 16.5% 10.9%
2009 45.0% -2.1% 16.1% 24.4% 2.7%
2008 -27.0% -3.3% -5.0% -11.5% -10.3%
2007 1.6% 5.7% -0.8% -2.2% -0.9%
2006 34.1% 10.6% -2.7% 9.9% 13.4%
2005 30.7% 5.0% 2.5% 10.1% 10.2%
2004 25.2% 9.1% 1.0% 1.7% 11.7%
2003 36.5% -6.8% 27.2% 12.9% 2.0%
2002 -25.4% 4.2% -9.4% -19.9% -1.3%
2001 -14.5% -7.9% 2.7% -17.6% 9.7%
2000 3.2% 6.4% 0.0% 1.8% -4.7%
1999 22.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Bellway PLC ORD 3.98
Unite Group PLC 3.97
Micro Focus International PLC ORD 3.72
Rentokil Initial PLC ORD 3.72
Bodycote PLC ORD 3.69
Restaurant Group PLC ORD 3.53
Ibstock PLC ORD 3.15
Inchcape PLC ORD 3.11
JRP Group PLC ORD 3.10
Rathbone Brothers PLC ORD 3.07

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date17/10/2011
  • Share Class size1,017Mn
  • Base currencyGBP
  • ISIN GB00B3ZGH246

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment5,000


  • Annual management1.50%
  • Initial investment4.5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).