02 Sep 2025
RSMR fund ratings are more than just a badge of quality — they represent trust, due diligence, and a reputation built on rigorous research and expert analysis. Every month we study the universe of funds in the investment marketplace to assess whether they meet our exacting standards and should be given the RSMR seal of approval.
Here are the new rated funds from our August review:
We’ve known the team at Gresham House for many years and the UK Smaller Companies fund has built a strong track record, generating a compelling risk-adjusted return for investors by using a differentiated investment process. The fund targets high quality smaller companies listed in the UK and has achieved credible returns with a relatively low level of volatility and correlation to peers. During a period in which the asset class has been heavily out of favour, the fund has attracted inflows and reached sufficient scale to be a credible option in the sector, and for us to award them an RSMR rating.
Click here to read the factsheet for the Gresham House UK Smaller Companies Fund
RSMR rates the Orbis Global Cautious fund because of its structured and rigorous fundamental research process. The Orbis Cautious Fund aims to cautiously balance investment returns and risk of loss through a diversified global portfolio of equities and fixed income. With a bottom-up, research-driven investment approach, the fund focuses on undervalued companies with strong return potential. Analysts specialise by region and sector, and their highest-conviction ideas are rigorously vetted through a structured process that integrates fundamental and ESG analysis. Portfolio construction reflects a dynamic allocation driven by long-term risk-adjusted return expectations, not fixed weightings. The fund is led by the Head of the Multi-Asset team, an experienced investor who brings deep knowledge of the firm’s philosophy and applies a consistent approach to delivering long-term returns.
This high-conviction, contrarian strategy is supported by a performance-linked fee structure that refunds clients during periods of underperformance, reinforcing strong alignment of interest. The fund’s flexible, long-term approach can complement passive or growth-oriented strategies by offering capital protection and diversification benefits.
Click here to read the factsheet for the Orbis Global Cautious Fund
The team employ an active, bottom-up, team-based investment approach, which focuses on maximising exposure to Value, Quality and Momentum investment styles. To achieve this the fund focuses on attractively priced, high-quality stocks with positive momentum and by combining these attributes, the team expect that the fund will outperform the index over the long term with greater consistency. The portfolio managers’ ability to have greater conviction toward their underweight stocks differentiates the fund from long-only peers and also offers an increased opportunity set especially when it comes to mid and smaller sized companies.
The ability to express a negative view amplifies the potential for greater returns should the tactical underweights prove to be correct. There is a strong repeatable process which has navigated different investment regimes successfully and when there is a headwind to the strategy, the portfolio managers have learned not to deviate from the process, which has brought strong results over the long term.
Click here to read the factsheet for the JPM UK Equity Plus Fund
The whole process, from asset allocation through to fund selection, uses the strength of both internal and external resources at Aberdeen Investments to form a balanced combination of portfolios. This robust structure forms the basis from which all portfolios are built and provides consistency across the range. Advisers looking to combine different styles for clients within the MyFolio ranges can do so knowing the portfolio will have the same underlying characteristics. The extensive use of in-house passive vehicles for the MyFolio Index funds helps to keep costs low and so with an OCF fixed at 20bps, they are the cheapest of the MyFolio ranges.
Click here to read the factsheet for the abrdn MyFolio Index Fund Range
RSMR provides impartial, qualitative, forward-looking research for advice businesses.
Click here to find out more about RSMR research and to access RSMR fund ratings, fund profiles, factsheets, insights, market updates and event information.
This information is for UK Professional Advisers only and should not be given to retail clients.
The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.