FP Octopus UK Multi Cap Income Fund
We are taking a progressive approach to UK equity income by investing in growing companies capable of predictable, attractive dividends and long term
A different approach to UK equity income
The Fund will invest in, and provide support to companies from across the entire UK equity market. We are looking for business which are capable of delivering on at least of one three key characteristics: better than market earnings growth, better than market dividend growth or better than market dividend yield.
The fund is a diversifier to more traditional UK equity income funds.
Reasons to invest
Genuinely Multi Cap
An actively managed fund that blends companies from across the entire UK equity market.
Nimble
Well positioned, with the ability to take advantage of compelling opportunities as they arise.
Dynamic Portfolio Construction
Focused on faster growth income-generating businesses, capable of paying a progressive, growing dividend.
Risks to bear in mind
Capital at risk
The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest. Please read the prospectus and the Key Investor Information Document when considering one of our funds.
Smaller company share prices can be more volatile
Investments in smaller company shares are likely to fall and rise in value more than shares in larger, more established companies listed on the main market of the London Stock Exchange. They may also be harder to sell.
Fee deductions
Fees will be deducted from capital which will increase the amount of income available for distribution. However, this will erode capital and may hinder capital growth.
Meet the fund managers
Experience matters when investing in smaller companies. The fund management team is one of the most experienced in the UK.
Chris McVey
Lead Fund Manager
Chris is a Fund Manager on the team, joining in December 2016. He has been a specialist within the quoted UK Smaller Company market for almost 20 years. Chris works across all the Quoted Company portfolios. He is lead manager on the FP Octopus UK Multi Cap Income Fund, and a co-manager on the FP Octopus UK Micro Cap Growth Fund, and FP Octopus UK Future Generations Fund.
Dominic Weller
Co-Fund Manager
Dominic is a Fund Manager on the Quoted Companies team. He works across sectors and co-manages the FP Octopus UK Micro Cap Growth Fund, FP Octopus UK Multi Cap Income Fund and the Octopus AIM VCTs.
He is a member of the Octopus Investments Responsible Investment Committee and leads the team’s stewardship efforts. He is a CFA charter holder.
He is a member of the Octopus Investments Responsible Investment Committee and leads the team’s stewardship efforts. He is a CFA charter holder.
Richard Power
Co-Fund Manager
With overall responsibility for the Quoted Companies team at Octopus, Richard has over 25 years’ experience of smaller company investing. He is lead manager of our FP Octopus UK Micro Cap Growth Fund, also oversees the investment process of the team which include the AIM IHT portfolios, and AIM VCTs. Richard is also a co-manager on the FP Octopus UK Multi Cap Income & FP Octopus UK Future Generation Funds. Richard started his career in 1995 at Duncan Lawrie, where he managed a successful small companies fund. He subsequently joined Close Brothers to manage a smaller companies investment trust before moving to Octopus Investments Limited to head up the Quoted Companies team in 2004.
Learn more about the fund
In this recording, Chris introduces the fund, talks about our progressive approach and explains why he’s so passionate about the multi cap approach.
Fund manager updates
Insights
The Octopus Dividend Barometer
The Dividend Barometer champions the lesser-known dividend credentials of small and mid-cap income stocks.
Summer update from the Octopus Quoted team
Whilst geopolitical risk continues to dominate financial markets the Quoted investment team's Summer update highlights the importance of taking a long-term view.
Poised for a comeback? The opportunity in UK small and mid caps
2022 was a challenging year for the financial markets. But there remains opportunity in the UK, with many businesses trading strongly – plenty of which are in portfolios managed by the Quoted team at Octopus.
How the top performing UK Equity income fund picks stocks
Over three years, FP Octopus UK Multi Cap Income Fund tops the IA UK Equity Income Sector. What’s the secret to its success? Chris McVey, lead fund manager, explains his approach and what it can offer investors.
UK dividends to recover (You just have to know where to look!)
Chris McVey, Senior Fund Manager at Octopus Investments urges investors to consider diversification in their equity income generation and look toward a multi-cap approach as UK equity dividends recover.
Are you ready for the rebound?
Are you ready for the rebound? Why the Octopus Quoted team believe now could be the time to revisit UK growth companies.
The fund takes a core / satellite approach
Core: Established companies
•The portfolio core is constructed of companies we believe can grow earnings and dividends ahead of the market.
•Businesses with superior prospects for profit growth, quality management, an appropriate balance sheet and good earnings visibility
Satellite: Income
Sustainable dividends underpinning income generation.
Satellite: Growth
Growth opportunities boosting capital performance.
The mention of stocks, or the use of their logos, is for illustrative purposes only and should not be seen as an investment recommendation.
Example fund companies
Core
Renew
UK based Engineering Services Group, working on critical infrastructure with fantastic growth prospects and a solid growing dividend.
Growth
Next 15
Specialist communications and marketing services, currently one of out largest positions with excellent growth characteristics.
Income
XPS Pensions Group
A leading pensions consulting, and administrations business, with excellent growth and a solid growing dividend.
Fund highlights
| Launch date | 12/12/2018 |
| Fund Sector | IA UK Equity Income |
| Number of holdings | 60-80 |
| ISIN | I Acc GB00BG47Q556 I Inc GB00BG47Q663 |
Fees and charges
| Fund Initial Charge | 0.00% |
| Ongoing Charge Figure | 0.90% |
How to invest
Invest through your preferred platform
How to invest
Invest through your preferred platform
Apply directly
The minimum initial investment amount is £1,000. Clients can hold this fund in a SIPP or ISA.
Download application form
Download ISA transfer application form
Apply directly with us
The minimum initial investment amount is £1,000.
Download application form
Download ISA transfer application form
In the press
Fund and investment trust ideas to play a small-cap comeback
2022 was a challenging year for the financial markets, but has this triggered one of the best buying opportunities for UK small and mid-cap stocks in over a decade?
New dividend barometer shines a light on income opportunities among small and mid caps
UK equity income conversation is focused on a narrow set of large companies. This article takes a look at businesses outside the FTSE 100.
FTSE Small Cap set to compete with FTSE 100 on dividends in 2023
The new Octopus Dividend barometer identifies ‘Dividend concentration’ as a long-term concern in the FTSE 100 – just a handful of stocks have generated the majority of the UK market’s blue-chip dividends.
Key documents
| FP Octopus Investments UCITS Funds Prospectus | Download |
| FP Octopus Investments Funds Supplementary Information Document | Download |
| FP Octopus UK Multi Cap Income Fund Key Investor Information Document S Income & Accumulation | Download |
| FP Octopus Investments UCITs funds OEIC and stocks and shares application form | Download |
| FP Octopus Investments UCITs funds ISA transfer application form | Download |
| FP Octopus UK Multi Cap Income Fund Key Investor Information Document I Income & Accumulation | Download |
| FP Octopus UK Multi Cap Income Fund Key Investor Information Document R Income & Accumulation | Download |
| FP Octopus UK Multi Cap Income factsheet | Download |
| FP Octopus UK Multi Cap Income Fund ESG Policy | Download |
Our funds
FP Octopus UK Micro Cap Growth Fund
UK investors seeking long-term growth have some great opportunities on their doorstep.
FP Octopus UK Future Generations Fund
For investors targeting long-term capital growth with a focus on companies looking to solve problems for the planet and people.
Quoted fund webinars
Upcoming webinarQuoted funds
24 January 2024 11:00amFP Octopus UK Multi Cap Income fund – 5 year anniversary
Duration: 57mins
On demand webinarQuoted fundsCPD activity
Available now on demandOctopus update on UK smaller companies and our approach to UK equity income
Join us where Richard Power, Head of the Quoted Smaller Companies team and Chris McVey, Senior Fund Manager, will provide an update on the Octopus Quoted funds and answer your questions live.
Duration: 1hour 5mins
On demand webinarQuoted funds
Available now on demandReduce your concentration risk – FP Octopus UK Multi Cap Income fund
Join our webinar on Wednesday 28th October at 2pm where Chris McVey, Senior Fund Manager at Octopus, will be explaining his approach to income investing and answering your questions live
Duration: 52mins
Contact our team
Got a question about Octopus quoted funds?
Beau Bulgin
Business Development Manager
Phone (+44) 778 0646 061