|Bid Price||GBX 994.90||Offer Price||GBX 1,015.00|
|Mid Price||-||Day Change||GBX -11.10 (-1.10%)|
|Price Date||27 Jan 2020||Crown Rating|
|Shares Class||Inc.||Yield||0.90 %|
|Last Ex-Dividend Date||19 June 2019||Dividend Frequency||Semi-annually|
|Sector||UK Smaller Companies||Fund Size||309,445,227.43|
|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 joined LGIM in 2000 and has been the Fund Manager for the UK Smaller Companies Trust since August 2013. He focuses on UK small and mid-cap funds which are typically concentrated, conviction weighted, benchmark agnostic portfolios. In Q3 2016, he was appointed co-head of Active Equity alongside Nick Hartley. Rod joined LGIM from Hermes Investment Management where he specialised in small company research. Prior to this, Rod worked in the transport asset rental industry. He graduated from Cambridge University with an Honours degree in Economics.