|Bid Price||GBX 151.30||Offer Price||GBX 160.50|
|Mid Price||-||Day Change||GBX -0.50 (-0.33%)|
|Price Date||18 Oct 2019||Crown Rating|
|Shares Class||Inc.||Yield||1.39 %|
|Last Ex-Dividend Date||02 September 2019||Dividend Frequency||Semi-annually|
|Sector||UK Smaller Companies||Fund Size||446,481,766.56|
|Launch Date||08/05/1987||Standard Initial Charge||5.00%|
|Ongoing cost||0.83%||Annual Management Charge||0.67%|
The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund) over the long term (5 or more consecutive years beginning at the point of investment). The Fund invests at least 70% of its total assets in the equity securities (e.g. shares) of smaller companies incorporated, or listed on a stock exchange, in the United Kingdom which the investment adviser considers to have above average growth prospects. Smaller companies are those whose market capitalisations are similar to that of companies in the Numis Smaller Companies plus AiM ex-Investment Trusts Index at the time of the Fund’s investment. The market capitalisation of a company is the share price of the company multiplied by the number of shares issued. The Fund has the flexibility to invest outside of the asset class set out above.
Roland Arnold, CFA, Director and Portfolio Manager, is a member of the Emerging Companies Team in the BlackRock’s Fundamental Active Equity Group. Roland's primary responsibility is managing small and mid cap UK equity portfolios, including the BlackRock UK Special Situations Fund, which he has managed since August 2012 and the BlackRock UK Smaller Companies Fund which he has managed since March 2015. Roland is also responsible for researching Industrials. Roland's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Roland earned a BA (Hons) in Economics and Management from Leeds University in 1998.