The Global Smaller Companies Trust PLC is a United Kingdom-based investment trust. The Company's objective is to secure a high total return by investing in smaller companies worldwide. It seeks to create a portfolio avoiding over exposure to any one company, sector, or market. The Company is suitable for retail investors in the United Kingdom, professionally advised private clients and institutional investors who seek growth over the long term and who understand and are willing to accept the risks, as well as the rewards, of exposure to smaller companies. The Company's investment portfolio includes sectors, such as industrials, collective investments, financials, consumer discretionary, technology, healthcare, basic materials, consumer staples, real estate, energy, telecommunications, and utilities. The Company's investment manager is Columbia Threadneedle Investment Business Limited.
Trust Information
About this company
Objective
The fund invests in smaller companies worldwide in order to secure a high total return. The fund pursues this investment objective by investing in a large number of stocks in various industry sectors and geographic locations. There are no specific sector or geographical exposure limits. Whilst the fund has a global orientation, its objective is to find attractively valued investment opportunities wherever they may be and it is therefore not constrained to mandatory weightings per geographic region.
Costs
- Ongoing charge0.62%
- Annual management charge -
- Performance feeNo
Fee structure
The Manager is paid a management fee at the rate of 0.55% per annum of the Companys NAV up to 750m, and at the rate of 0.5% per annum of the Companys NAV in excess of 750m . The fee is calculated and paid monthly. There is no performance fee. Contract terminable on 6 months notice.
Value Assessment
- Value Assessment review date29 April 2025
- Value Assessment next review date29 April 2026
- Is Assessment of Value required under COLL?No
- Outcome of COLL Assessment of Valuen/a
- Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
- Other review related to value and or charges -
- Further information-
Key facts
- CurrencyGBX
- BenchmarkNumis Smaller Companies (ex Inv Coms)
- Shares in issue610.23m
- Gross gearing4.00%
- EPICGSCT
- ISINGB00BKLXD974
- DomicileUnited Kingdom
- ExchangeLondon Stock Exchange (LON)
- IndexFTSE All Share Index, Britain-FTSE250-Index
- Website
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.