Evli UK Value invests in companies either domiciled in the UK or with a substantial part of its business in the UK. The fund was launched with the aim of exploiting the good supply of cheap UK equities after the capital flight following Brexit and the pandemic. The underperformance of the British stock market after the Brexit decision, resulted in a good supply of cheap stocks. Fund derives its investment strategy from markets lifelong tendency to overreact and eventually revert towards the mean.The fund follows a “no-compromise” deep value/contrarian strategy and starts its’ screening process with shares that, for whatever reason, “have a low valuation that is lower than before”.The final investment decisions among the candidates that meet our valuation criteria are made using traditional company and financial statement analysis, with a lot of emphasis put on hidden assets/sum of parts, break up, liquidation, replacement values/balance sheets.