Quick Stats

Mid Price GBX 474.20 Day Change GBX +1.40 (0.30%)
Price Date 22 Jan 2019 Crown Rating 4
Shares Class Acc. Yield 1.37 %
Last Ex-Dividend Date 02 July 2018 Dividend Frequency Semi-annually
Sector UK Smaller Companies Fund Size 313,667,000.00
Launch Date 02/08/1996 Standard Initial Charge 0.00%
Ongoing cost 0.92% Annual Management Charge 0.75%
ISIN GB0007220360 Sedol 0722036

Fund Objective

The fund aims to provide capital growth by investing in equities 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 fund may also invest in companies headquartered or incorporated outside the UK which derive a significant proportion of their revenues or profits from the UK. 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 and warrants, and hold cash. The fund may use derivatives with the aim of reducing risk or managing the fund more effectively.

Fund Managers

Luke Biermann
Luke Bierman is the Portfolio manager for Schroder European Smaller Companies .Luke also has analyst research responsibilities across the Pan-European small cap universe.He joined Schroders as a graduate in October 2006 and CFA Charterholder.He hada completed BSc (Hons) in Computer Science, University of Bath.
Iain Staples