1. Objective

    The Fund aims to produce attractive returns, mainly through capital growth, over the long term. To invest in any economic sector of the UK, either directly or indirectly. Investment will be mainly in shares of smaller companies.

    The value of investments and any income from them may go down as well as up and you or your client may not get back the amount originally invested.
  2. Meet the Manager

  3. Actual investors build relationships.

    Not just portfolios.
    Find out more
  4. Key Information

    Launch Date 1 November 1993
    Comparative Index FTSE Small Cap (Ex IT)
    The Investment Association Sector UK Smaller Companies
    XD Date Last day of January each year
    Distribution Last day of March each year
    Pricing Valuation point 10am daily, swinging single price
    Active Share 89%**

    Please bear in mind that past performance is not a guide to future performance. 

    The value of your investment may go down as well as up, and you may not get back the amount invested.

    **Relative to FTSE Small Cap (ex IT) Index. Source: Baillie Gifford & Co, FTSE.

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    We invest in companies with strong earnings per share and cashflow growth characteristics, which we believe is consistent with achieving attractive overall returns.
  6. Investment Choice and Charges

    Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge
    B Inc GB0005930382 0593038 £1,000 no minimum 0.68% 0%
    B Acc GB0005931356 0593135 £1,000 no minimum 0.67% 0%

    * Annual figures as at 31/01/2019

    A further explanation of all the charges and costs relating to this Fund can be found in the Enhanced Disclosure of Fund Charges and Costs document.