|Bid Price||GBX 917.80||Offer Price||GBX 992.20|
|Mid Price||-||Day Change||GBX +3.90 (0.43%)|
|Price Date||19 Aug 2019||Crown Rating|
|Shares Class||Acc.||Yield||1.13 %|
|Last Ex-Dividend Date||11 April 2019||Dividend Frequency||Semi-annually|
|Sector||UK Smaller Companies||Fund Size||51,840,800.00|
|Launch Date||01/07/1996||Standard Initial Charge||6.00%|
|Ongoing cost||1.07%||Annual Management Charge||1.00%|
The investment objective of the Fund is to achieve capital growth, with a low running yield. The Scheme will invest predominantly in securities, including convertibles and preference shares. Investment may also be made in Government and other public securities from time to time. Investment will be made predominantly in UK securities, but the Scheme will be able to invest elsewhere in the European Union. The benchmark of the Scheme is the Numis Smaller Companies plus AIM ex-Investment Trusts Index. The Fund may also invest in units in collective investment schemes.
Roland Arnold, Director and Portfolio Manager, is a member of the UK Equity team in the Fundamental Equity division of BlackRock's Alpha Strategies Group. Mr Arnold's primary responsibility is managing small and mid cap UK equity portfolios, with a sector emphasis on Technology.Mr Arnold's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM in 2000, Mr Arnold worked at a UK retail bank as a performance and credit analyst. Mr Arnold earned a BA (Hones) in Economics and Management from Leeds University in 1998.