Quick Stats

Bid Price GBX 123.10 Offer Price GBX 123.40
Mid Price - Day Change GBX +0.40 (0.33%)
Price Date 19 Oct 2017 Crown Rating 4
Shares Class Inc. Yield 0.03 %
Total Expense Ratio 0.00 Fund Size 2,052,230,600.00
Launch Date 01/06/2001 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 GB00B7LDLV43 Min TopUp (£) 100,000.00

Fund Objective

The fund aims to provide capital growth and income. At least 70% of the fund will be invested in shares of medium-sized North American companies. The fund has no bias to any particular industry. The companies will be in the bottom 40% by size of the North American market at the time of purchase. The fund invests in a broad range of medium sized North American companies on the belief that they will offer better growth prospects than their larger peers over the medium to long term. Smaller companies are typically at the early stages of their expansion and under-researched compared to their larger peers. Our investment approach focuses on three types of companies: companies that demonstrate strong growth trends and improving levels of cash; companies which generate dependable earnings and revenues; and companies which are companies that are undergoing positive change that is not being recognised by the market. By doing so, we believe that we can reduce overall risk and improve returns for our investors over the medium to long term. 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

Jenny Jones
Jenny B. Jones is the Head of the U.S. Small and SMID Cap Equity team, based in New York. Joined Schroders in 2002 as Head of the US Small Cap Equity. Became responsible for the US SMID cap product upon its launch in 2004. In 1996 she was appointed Senior Vice President at Morgan Stanley Investment Management and became an Executive Director in 2000. From 1990, she was head of the Small Cap Value department at Oppenheimer Capital, L.P. In 1983 she joined Mutual of America Life Insurance Co. as a portfolio manager, having joined Shearson/American Express as a financial consultant in 1982. Investment career commenced in 1980 when she joined Drexel Burnham as a sales liaison/assistant options strategist. She holds a BA (Hons), Yale University. MBA, New York University.