Quick Stats

Bid Price GBX 152.50 Offer Price GBX 161.80
Mid Price - Day Change GBX +0.30 (0.20%)
Price Date 24 Jun 2019 Crown Rating 3
Shares Class Inc. Yield 1.39 %
Last Ex-Dividend Date 28 February 2019 Dividend Frequency Semi-annually
Sector UK Smaller Companies Fund Size 459,105,254.53
Launch Date 08/05/1987 Standard Initial Charge 5.00%
Ongoing cost 0.83% Annual Management Charge 0.67%

Fund Objective

The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of smaller companies incorporated, or listed on a stock exchange, in the United Kingdom which the Portfolio Manager considers to have above average growth prospects. Smaller companies are those whose market capitalisations are similar to that of companies in the Hoare Govett Smaller Companies plus AiM ex-Investment Trusts Index at the time of the Fund’s investment. The Fund has the flexibility to invest outside of the asset class set out above.

Fund Managers

Roland Arnold
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.