Year End | 30 June |
Accounts Published | August |
Annual General Meeting | October |
Dividend Paid | April, October |
Standard Life UK Smaller Companies Trust plc
Fund objective
To achieve long-term capital growth by investment in UK-quoted smaller companies.
Daily prices as of {{asOfDate}}
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Profile
The Company intends to achieve its investment objective by investing in a diversified portfolio consisting mainly of UK-quoted smaller companies. The portfolio will normally comprise around 50 individual holdings representing the Investment Manager’s highest conviction investment ideas. In order to reduce risk in the Company without compromising flexibility, no holding within the portfolio should exceed 5% of total assets at the time of acquisition.
The Company may use derivatives for portfolio hedging purposes (i.e. only for the purpose of reducing, transferring or eliminating the investment risks in its investments in order to protect the Company’s portfolio).
Within the Company’s Articles of Association, the maximum level of gearing is 100% of net assets. The Directors have set parameters of between 5% net cash and 25% net gearing (at the time of drawdown) for the level of gearing that can be employed in normal market conditions. The Directors have delegated responsibility to the Investment Manager for the operation of the gearing level within the above parameters.
The Investment Manager’s investment process combines asset allocation, stock selection, portfolio construction, risk management, and dealing. The investment process has evolved out of the Investment Manager’s “Focus on Change” philosophy and is led by Quality, Growth and Momentum. The Investment Manager’s stock selection led investment process involves compiling a shortlist of potential investments using a proprietary screening tool known as “The Matrix” which reflects Quality, Growth and Momentum based factor analysis. The final portfolio is research intensive and includes face to face meetings with senior management of these potential investments. This disciplined process has been embedded for many years and has delivered a consistency of performance through economic and market cycles.
Key people
Harry Nimmo
Investment Manager
Abby Glennie
Investment Director
Abby Glennie is an Investment Director at Aberdeen Standard Investments. She is responsible for UK Opportunities, Smaller Companies Pension Fund, and Bothwell Smaller Companies fund. Abby joined Standard Life in 2013 from Kames Capital where she was an Investment Analyst
Abby graduated with a joint 1st MA, in Economics and Finance from University of Aberdeen and is a CFA charterholder.
Amanda Yeaman
Investment Manager
Amanda is an Investment Manager at Aberdeen Standard Investments. Amanda is responsible for providing research support predominantly for our UK Smaller Companies strategy but also to the wider Smaller Companies team. Amanda Joined the company in June 2019 from Investec Securities where she was a small and mid-cap equity sales specialist.
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Harry Nimmo
Investment Manager
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Abby Glennie
Investment Director
Abby Glennie is an Investment Director at Aberdeen Standard Investments. She is responsible for UK Opportunities, Smaller Companies Pension Fund, and Bothwell Smaller Companies fund. Abby joined Standard Life in 2013 from Kames Capital where she was an Investment Analyst
Abby graduated with a joint 1st MA, in Economics and Finance from University of Aberdeen and is a CFA charterholder.
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Amanda Yeaman
Investment Manager
Amanda is an Investment Manager at Aberdeen Standard Investments. Amanda is responsible for providing research support predominantly for our UK Smaller Companies strategy but also to the wider Smaller Companies team. Amanda Joined the company in June 2019 from Investec Securities where she was a small and mid-cap equity sales specialist.
Allister Langlands
Chairman
Ashton Bradbury
Director
Alexa Henderson
Director
Caroline Ramsay
Director
Tim Scholefield
Director
Liz Airey
Director
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Allister Langlands
Chairman
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Ashton Bradbury
Director
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Alexa Henderson
Director
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Caroline Ramsay
Director
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Tim Scholefield
Director
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Liz Airey
Director
Financial calendar
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