Quick Stats

Mid Price GBX 69.18 Day Change GBX -0.29 (-0.42%)
Price Date 18 Jan 2019 Crown Rating 3
Shares Class Inc. Yield 1.63 %
Last Ex-Dividend Date 01 June 2018 Dividend Frequency Annually
Sector UK Smaller Companies Fund Size 519,705,300.00
Launch Date 31/05/1987 Standard Initial Charge 0.00%
Ongoing cost 0.54% Annual Management Charge 1.00%

Fund Objective

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.

Fund Managers

Andrew Brough
Andy Brough is the Head of the Pan European Small and Mid Cap team at Schroders, responsible for managing the Schroder UK Mid 250 Fund since its launch in 1999 and the Schroder UK Smaller Companies Fund. He became sole head of the team in 2016, having co-led since 2002. He also took lead management on the Schroder UK Mid Cap investment trust in 2016, having been a manager since May 2003. He joined Schroders in 1987 and is based in London. Andy was a Fund Manager at Schroders from 1987 to 2002, with responsibility for a range of UK mid and small cap retail and institutional portfolios. He began co-managing the Schroder Institutional UK Smaller Companies Fund and the Schroder UK Smaller Companies Fund in 1994. Qualifications: Chartered Accountant; BSc in Economics from Manchester University.