abrdn UK Smaller Companies Growth Trust in 60 seconds

abrdn UK Smaller Companies Growth Trust — 2 videos in collection

Edison’s investment companies team recently published a review of the abrdn UK Smaller Companies Growth Trust. Managers Abby Glennie and Amanda Yeaman are finding attractively valued companies that fit their quality, growth and momentum criteria during a period when value, rather than growth, stocks are in favour. The managers are placing a greater-than-usual importance on company valuations given interest rates are on hold, and the market is punishing companies that fail to meet consensus expectations. The trust’s portfolio companies have the financial resources to allocate capital in different ways, rather than just opting for share buybacks, which is now a common feature in the UK market. This flexibility should help to support earnings growth. While the trust has a capital growth mandate, it also has a growing dividend.

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09.10.24