Quick Stats

Bid Price GBX 147.00 Offer Price GBX 150.50
Mid Price - Day Change GBX 0.00 (0.00%)
Price Date 20 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 0.90 %
Total Expense Ratio 0.00 Fund Size 720,470,700.00
Launch Date 31/05/1987 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B76V7Z98 Min TopUp (£) 100,000.00

Fund Objective

The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of smaller-sized UK companies. The fund has no bias to any particular industry. The companies will be in the bottom 10% by size of the UK market at the time of purchase. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.

Fund Managers

Andrew Brough
Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.