​News » ​WS Raynar UKSC F Class to close to New Subscription

WS Raynar UKSC F Class to close to New Subscription

May 2025, London:

Following a tripling of the Assets Under Management (AUM) of the WS Raynar UK Smaller Companies Fund, Raynar Portfolio Management (Raynar) announces the forthcoming closure to new subscribers of the Class F shares. The Class A shares will remain open to new subscribers alongside an alternate class of shares.

On the occasion of achieving new lifetime highs in both AUM and Net Asset Value per share (NAV) on the 8th May 2025, Raynar announces that the Class F shares of the WS Raynar UK Smaller Companies Fund will be closed to new subscribers as of the first anniversary of the Fund – 1st July 2025. Ongoing existing holders of the Class F shares as at the deadline will continue to be able to subscribe to Class F shares without restriction.

This decision acknowledges the benefit gained from the significant economies of scale achieved since the Fund’s launch with the AUM more than tripling to £37.3m. From an initial capped level of 0.95%, the Ongoing Charges Figure (OCF) has fallen to 0.82% as disclosed in the Fund’s Key Investor Information Document based on January data, subsequent to which the AUM has grown further.

AUM growth has been assisted by sector leading performance.* The Fund returned 7.9% since launch to 8th May 2025 which is 7% ahead of the Fund’s benchmark, 11.9% ahead of the sector peer average return and 3.1% ahead of the next best performing peer.

Philip Rodrigs, Founder and Portfolio Manager said: ‘We at Raynar are highly appreciative of the foundational support provided by early subscribers. I am also proud of the outperformance delivered so far and remain enthused by the potential on offer in the exciting UK Smaller Companies asset class. It is gratifying to continue a sector leading track record** utilising a disciplined investment philosophy selecting a well diversified portfolio of some of the UK’s best listed companies.’