|Bid Price||GBX 943.10||Offer Price||GBX 960.40|
|Mid Price||-||Day Change||GBX +8.00 (0.86%)|
|Price Date||18 Jan 2019||Crown Rating|
|Shares Class||Acc.||Yield||1.00 %|
|Last Ex-Dividend Date||19 June 2018||Dividend Frequency||Semi-annually|
|Sector||UK Smaller Companies||Fund Size||269,787,098.39|
|Launch Date||09/09/1985||Standard Initial Charge||0.00%|
|Ongoing cost||1.53%||Annual Management Charge||0.00%|
The objective of this fund is to provide growth.The fund will typically invest between 90% and 100% in company shares.The fund will invest in UK company shares from all economic sectors. Between 70% and 100% of these shares will be issued by smaller UK companies that make up the lowest 10% by size of the main UK share markets.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest cash or deposits.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Rod Oscroft is a Senior Fund Manager and Head of the UK Smaller Companies team. He joined Legal & General in 2000 from Hermes Investment Management. Prior to this, Rod worked in the transport asset rental industry. Rod graduated from Cambridge University with an Honours degree in Economics.