Jupiter UK Smaller Companies

Objective: to achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the Numis Smaller Companies Index excluding Investment Companies over rolling 3 year periods. The Fund invests primarily in UK company shares and similar investments. The Fund will invest at least 80% in smaller companies, which are defined as those companies quoted on a regulated market and that are no larger than the largest company in the Numis Smaller Companies Index at the time of investment. The Fund may invest up to 10% in unlisted companies. The Fund may use derivatives (i.e. financial contracts whose value is linked to the expected price movements of an underlying investment) with the aim of reducing the overall costs and/or risks of the Fund. The Fund is actively managed.Portfolio construction is driven by research into a company's future prospects in the context of the economic environment to identify attractively priced investment opportunities. The Index is a broad representation of the Fund's investment universe and as such is a point of reference against which the performance of the Fund may be measured.Although a large proportion of the Fund’s investments may be components of the Index, the Fund has the ability to deviate significantly from the Index.