abrdn UK Smaller Companies Growth Trust

Overview
Price performance
Financials
Research
Thematics

abrdn UK Smaller Companies Growth Trust aims to achieve long-term capital growth through investment in a diversified portfolio consisting of UK-quoted smaller companies. Performance is measured against the Numis Smaller Companies plus AIM ex-Investment Companies Index (the reference index).

Latest Insights

Investment Companies |
Update

08.03.24

abrdn UK Smaller Companies Growth Trust — Relative performance getting back on track

Investment Companies |
Review

18.10.23

abrdn UK Smaller Companies Growth Trust — Performance setback providing good entry point?

Investment Companies |
Review

11.04.23

abrdn UK Smaller Companies Growth Trust — New lead manager, same proprietary process

Review

25.10.22

abrdn UK Smaller Companies Growth Trust — End of an era but successful strategy remains

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Sector

Investment Companies

Equity Analyst

Mel Jenner

Director, Investment Trusts

Key Management

Abby Glennie

Fund manager

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	2.1	4.4	5.7
Relative	0.5	(0.7)	5.9
52 week high/low	458.0p/370.0p

Overview

abrdn UK Smaller Companies Growth Trust’s (AUSC’s) managers, Abby Glennie and Amanda Yeaman, are looking forward to further improvement in the trust’s relative performance, as investors’ focus is now more on company fundamentals rather than macroeconomic developments. The managers are continuing to use the Matrix, a proprietary screening tool, to search for companies exhibiting high-quality, growth and positive momentum features. Despite a difficult period of performance during 2022, when rising interest rates led to a derating of growth stocks, the strategy employed by abrdn’s small-cap team has proved very successful over the last 25+ years across multiple business cycles.