To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table

Are you worried of an "anti-business backlash" in the run-up to the next election and its effect on your portfolio?



You are here: Factsheet

Contact details

31 Gresham Street, London, EC2V 7QA
0800 718 788 (Dealing)
020 7658 6965 (Fax Number)
0800 718 777 (Main Number)

Fund managers

* Andrew Brough02-Mar-1992 to Present
* Rosemary Banyard» 02-Mar-1992 to Present

Investment objectives

The fund’s investment objective is to achieve capital growth through investment in smaller companies in the United Kingdom. The policy is to invest in smaller companies in the UK which are expected to exhibit superior growth over the long term. The fund may also invest in a wide range of investments including transferable securities, collective investment schemes, warrants and money market instruments.

Key Information

Fund vs sector

  1y 3y
Position 29 / 53 26 / 52
Quartile 3 2

Fund ratings

FE Crown Rating: 4 FE Crown Rating


  1y 3y
Volatility 6.27 8.80
Alpha 2.43 4.81
Beta 0.67 0.78
Sharpe 1.20 1.74
Info Ratio -0.38 0.25
R2 0.76 0.81
Quartiles:   1  2  3  4   help with ratios
vs. UK Smaller Companies»
performance chart
ACC +6.4+70.0+124.6+34.3+19.0+10.4+19.7
  UK SMALLER COMPANIES   +7.0+63.3+98.1+31.4+16.2+4.0+16.6
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCHRODER INSTITUTIONAL UK SMALLER COMPANIES INST INC INC 590.90 (p) 30-Sep-2014 1.33 0.51% QA52 0787079
pdf SCHRODER INSTITUTIONAL UK SMALLER COMPANIES INST ACC ACC 939.00 (p) 30-Sep-2014 1.31 0.51% UM62 0789398

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£243.6m / $395.5m (30-Sep-14)
Savings plan Fund has Savings Plan  Launch02-Mar-1992
Pricing times16:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 100,000
Minimum additional£ 20,000
Initial charge0.00%
Annual management charge0.50%
Note to chargesn/a
Trustee / DepositaryJP Morgan Trustee and Depositary Company Ltd
RegistrarSchroder Unit Trusts Limited
Dividend policyFeb 15 (Final), Aug 15
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity Mixed UK Smaller Companies
Largest holdings, 29-Aug-2014
Holding (%) Rank Fund factsheet Equity factsheet
Lamprell 3.87 1 - *
Avon Rubber 3.50 2 - *
Dart Group 2.94 3 - *
Trifast 2.80 4 - *
Ted Baker 2.76 5 - *
Photo-Me International 2.70 6 - *
Colefax Group 2.63 7 - *
Consort Medical 2.47 8 - *
James Fisher & Sons 2.41 9 - *
Arrow Global Group 2.34 10 - *
Regional weightings, 29-Aug-2014
United Kingdom96.961 96.96% United Kingdom
Cash2.092 2.09% Cash
Israel0.503 0.50% Israel
Other countries0.454 0.45% Other countries
Sector weightings, 29-Aug-2014
Support Services11.251 11.25% Support Services
Software8.602 8.60% Software
Household Goods7.643 7.64% Household Goods
Financial Services7.334 7.33% Financial Services
Leisure6.025 6.02% Leisure
Health Care5.566 5.56% Health Care
Industrials5.387 5.38% Industrials
Oil & Gas Equipment & Services5.118 5.11% Oil & Gas Equipment & Services
Construction4.999 4.99% Construction
Aerospace & Defence4.9210 4.92% Aerospace & Defence
Travel4.2611 4.26% Travel
Electronic & Electrical Equipment3.6212 3.62% Electronic & Electrical Equipment
Media3.5313 3.53% Media
Property Shares3.2714 3.27% Property Shares
Pharmaceuticals2.9915 2.99% Pharmaceuticals
Chemicals2.6716 2.67% Chemicals
Transport2.4117 2.41% Transport
Retailers - General2.1618 2.16% Retailers - General
Food Producers2.1219 2.12% Food Producers
Money Market2.0920 2.09% Money Market
Equities1.3221 1.32% Equities
Mineral Extraction1.0422 1.04% Mineral Extraction
Hardware0.8923 0.89% Hardware
Life Insurance0.5424 0.54% Life Insurance
Oil & Gas0.1925 0.19% Oil & Gas
Alternative & Renewable Energy0.1026 0.10% Alternative & Renewable Energy

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

Add your comment
Reload Change mode
Enter the words above:
Send comment
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend
pension Click here for Schroder Institutional UK Smaller Companies pension wrappers


Latest Fundswire  

Buy this fund here

You can now buy & sell funds and shares at our new sister-site at highly competitive rates

Asset allocation

UK Equities, 96.96%
96.9600% ofUK Equities
Money Market, 2.09%
2.0900% ofMoney Market
Israeli Equities, 0.50%
0.5000% ofIsraeli Equities
International Equities, 0.45%
0.4500% ofInternational Equities

FE Adviser Fund Index

Sector analysis


FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio