|Bid Price||-||Offer Price||-|
|Mid Price||GBX 144.40||Day Change||GBX +0.50 (0.35%)|
|Price Date||21 Sep 2018||Crown Rating|
|Shares Class||Inc.||Yield||1.04 %|
|Total Expense Ratio||0.00||Fund Size||640,544,100.00|
|Launch Date||31/05/1987||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||UK Smaller Companies|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B76V8019||Min TopUp (£)||100,000.00|
The Fund aims to provide capital growth by investing in equity and equity related securities of small-sized UK companies. The fund invests at least 80% of its assets in equities of small sized UK companies. These are companies that are incorporated, headquartered or have their principal business activities in the UK and, at the time of purchase, are similar in size to those comprising the bottom 10% by market capitalisation of the UK equities market. 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. The fund may also invest in other equities, collective investment schemes, bonds and warrants, and hold cash. The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently.
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.