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Schroder UK Smaller Companies

Ranked 11 out of 50 in - UK Smaller Companies over 12 months
All calculations are in GBP unless stated

Managed by

Andrew Brough

An Economics graduate from Manchester and a fund manager with more than 20 years’ investment experience behind him, Andrew Brough co-heads the Schroder pan-European small and mid-cap equity team. Brough runs unit trusts, including the Schroder UK Mid 250 fund, and a number of specialist institutional mandates for Schroders. Brough argues that mid-caps have greater potential for continued growth than larger companies, and he will often invest in companies with a unique product or service for which demand is strong. Conversely, he is disciplined in selling a stock if there are signs that increased competition will mean that company's unique advantage has been lost. He adopts a bottom-up investment style targeting firms with quality management and effective business models. Brough was born in Wallingford, Oxfordshire, in 1960 and has been with Schroders since 1987.


To invest in UK smaller companies with the aim of long-term capital growth. The fund approach is 'bottom-up' - the emphasis is on each company in its own right, rather than making judgements about entire business sectors. The fund managers look for companies with a unique product for which demand is not being met elsewhere. Once a company moves past this stage and the competition has increased, we will sell the stock in favour of other companies with better growth prospects.

Showing fund performance in United Kingdom View performance globally


UK Smaller Companies over : 31/12/2015 - 31/12/2016

Total Return

Quarterly Performance

to 30/12/2016 Annual Q1 Q2 Q3 Q4
2016 12.8% 0.8% -9.1% 15.7% 6.4%
2015 19.1% 6.6% 7.0% 2.1% 2.2%
2014 -3.2% 1.9% -2.9% -1.4% -0.7%
2013 45.5% 12.2% 6.5% 11.5% 9.3%
2012 25.7% 9.4% 0.0% 8.6% 5.8%
2011 -8.9% 0.8% 5.3% -13.6% -0.6%
2010 39.3% 4.4% 0.0% 17.1% 13.9%
2009 44.2% -3.4% 28.3% 16.7% -0.4%
2008 -42.8% -9.7% -5.4% -12.2% -23.7%
2007 -11.1% 5.0% 3.4% -8.8% -10.2%
2006 29.5% 12.1% -4.3% 4.3% 15.9%
2005 16.2% 5.0% -1.2% 7.0% 4.7%
2004 18.0% 7.9% -0.1% -2.6% 12.4%
2003 40.3% -8.3% 26.2% 14.9% 5.5%
2002 -16.8% 2.7% -3.9% -16.4% 0.7%
2001 -12.0% -11.7% 5.0% -21.4% 20.7%
2000 -4.4% 6.9% -9.4% 6.1% -6.9%
1999 93.2% 12.0% 10.2% 7.8% 45.1%
1998 -1.0% 17.7% 1.8% -21.5% 5.3%
1997 13.1% 6.7% -4.8% 4.0% 7.1%
1996 38.3% 9.7% 15.7% 2.3% 6.4%
1995 3.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/05/1987
  • Share Class size327Mn
  • Base currencyGBP
  • ISIN GB0007649535

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50


  • Annual management1.50%
  • Initial investment0

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Schroders' fund manager Andy Brough has increased his stake in Liontrust to above 21%.

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Shrewdies net millions from Hamworthy bid approach

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Second leading investor follows Brough to buy into Liontrust

A second leading smaller companies investor has followed Schroder UK Smaller Companies manager Andrew Brough in increasing his stake in Liontrust Asset Management.

Schroders' Brough doubles Liontrust stake to 30%

Schroders fund manager Andy Brough has bought an additional 15% in struggling small cap rival Liontrust Asset Management, taking his total holding in the group to around 30%.

A-rated Brough: 'No doubt things are getting better'

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Fund Result: Andy Brough, Schroder UK Smaller Companies

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).