abrdn UK Smaller Companies Growth Trust

LN: AUSC

Market Cap£481m

Last Close 514p

AUSC aims to achieve long-term capital growth through investment in a diversified portfolio mainly consisting of UK-quoted smaller companies. Performance is measured against the Numis Smaller Companies plus AIM ex-Investment Companies Index.

More abrdn UK Smaller Companies Growth Trust content >

Investment summary

abrdn UK Smaller Companies Growth Trust (AUSC) is managed by two of abrdn’s small-cap specialists: Harry Nimmo (since September 2003) and Abby Glennie (since November 2020). The trust has a long-term record of outperformance versus its reference index, with the managers following a clearly defined focus on quality, growth and momentum stocks, which means they consider that it is likely to underperform when cyclical/value stocks lead the market. There is a high level of economic uncertainty in the UK due to inflation, rising interest rates and the war in Ukraine. However, the managers are confident that if there is a recession, the trust will outperform as the fund contains high-quality businesses and ‘the strong get stronger in difficult times’. They say historical data show that when stock markets weaken it is a good time to consider an investment in AUSC.

Content on abrdn UK Smaller Companies Growth Trust
View more
Register to receive research on abrdn UK Smaller Companies Growth Trust as it is published
Sector
Investment companies
Access more Investment companies content
Share price graph
Price performance
%
1m
3m
12m
Actual 11.0 (0.8) (29.8)
Relative* 6.4 (2.0) (30.5)
52-week high/low 784.0p/445.5p
*% relative to local index
Key management
Harry Nimmo Fund manager

You may also be interested in…