Schroder UK Dynamic Smaller Compani
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 61.14||Day Change||GBX +0.05 (0.08%)|
|Price Date||9 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.90 %|
|Total Expense Ratio||0.00||Fund Size||449,549,800.00|
|Launch Date||02/08/1996||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BDRZN434||Min TopUp (£)||0.00|
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies that are in the bottom 10% of the UK stock market at the time the fund purchases them. The fund has no bias to any particular industry. 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 and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Paul is a member of the Cazenove Capital Pan-European Equity team at Schroders. He manages the Cazenove UK Smaller Companies, UK Dynamic long-short funds (a UCITS and Cayman domiciled hedge fund), as well as the Cazenove Absolute UK Dynamic and UK Dynamic Absolute Return funds. Paul joined from Insight Investment where he was head of UK Small Cap investments. Prior to this, he was an analyst at GH Asset Management. Paul graduated from University College, Oxford with a degree in Modern History. He is a member of ASIP and has 15 years’ investment experience.