Prudential FRIA Schroder UK Smaller Companies
Performance
Discrete performance - to last month end
| 31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
31/07/24 to 31/07/25 |
|
|---|---|---|---|---|---|
| Fund | 62.9% | -26.3% | -6.1% | 19.0% | 3.4% |
| Sector | 54.4% | -20.8% | -8.7% | 17.4% | -3.0% |
| Rank | 13/85 | 68/85 | 23/85 | 29/85 | 13/85 |
| Quartile | 1 | 4 | 2 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/25 |
5 Years to 31/07/25 |
10 Years to 31/07/25 |
||
| Fund | 4.9% | 6.8% | n/a | |
| Sector | 1.3% | 4.9% | 4.9% | |
| Rank | 17/85 | 18/85 | n/a | |
| Quartile | 1 | 1 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ON THE BEACH GROUP | 4.10 |
| FUNDING CIRCLE HLDGS | 3.71 |
| APTITUDE SOFTWARE GROUP | 3.37 |
| COHORT | 3.18 |
| INTERNATIONAL PERSONAL FINANCE | 3.16 |
| ZOTEFOAMS | 3.08 |
| FILTRONIC | 3.00 |
| AVON TECHNOLOGIES | 2.92 |
| WARPAINT LONDON | 2.90 |
| VANQUIS BANKING GROUP | 2.86 |
| Total | 32.28 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the Schroder UK Smaller Companies Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide capital growth in excess of the FTSE UK Series Small Cap ex Investment Trusts (Gross Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of small-sized UK companies.
Fund Manager
Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. Degree in Economics.
Fund Overview
| Bid (08/08/2025) | 155.80 |
| Offer | n/a |
| Fund size (30/06/2025) | £1.10m |
| Underlying Fund size | £316.89m |
| Number of holdings | 90 |
| Launch date | 23/03/2016 |
Fund Charges
| Annual Management Charge (AMC) | 1.45% |
| Further Costs | 0.17% |
| Yearly Total | 1.62% |
Asset Allocation
| UK Equities | 96.84% | |
| Cash and Equivalents | 0.59% | |
| International Equities | 0.12% | |
| Other Assets | 2.46% |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 96.84% | |
| Cash and Equivalents | 0.59% | |
| International Equities | 0.12% | |
| Other Assets | 2.46% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Consumer Discretionary | 26.63% | - | - | - | |
| Consumer Products & Services | - | 8.95% | - | - | |
| Personal Goods | - | - | 2.90% | - | |
| Cosmetics | - | - | - | 2.90% | |
| Household Goods & Home Construction | - | - | 2.80% | - | |
| Home Construction | - | - | - | 2.12% | |
| Household Equipment & Products | - | - | - | 0.69% | |
| Leisure Goods | - | - | 1.99% | - | |
| Photography | - | - | - | 1.99% | |
| Consumer Services | - | - | 1.27% | - | |
| Education Services | - | - | - | 1.27% | |
| Retail | - | 7.32% | - | - | |
| Retailers | - | - | 7.32% | - | |
| Specialty Retailers | - | - | - | 5.41% | |
| Apparel Retailers | - | - | - | 1.20% | |
| Home Improvement Retailers | - | - | - | 0.70% | |
| Travel & Leisure | - | 6.37% | - | - | |
| Travel & Leisure | - | - | 6.37% | - | |
| Travel & Tourism | - | - | - | 5.85% | |
| Casinos & Gambling | - | - | - | 0.52% | |
| Media | - | 3.75% | - | - | |
| Media | - | - | 3.75% | - | |
| Publishing | - | - | - | 2.97% | |
| Radio & TV Broadcasters | - | - | - | 0.78% | |
| Automobiles & Parts | - | 0.23% | - | - | |
| Automobiles & Parts | - | - | 0.23% | - | |
| Auto Parts | - | - | - | 0.23% | |
| Industrials | 25.34% | - | - | - | |
| Industrial Goods & Services | - | 23.72% | - | - | |
| Aerospace & Defence | - | - | 6.10% | - | |
| Defense | - | - | - | 6.10% | |
| Industrial Support Services | - | - | 5.78% | - | |
| Professional Business Support Services | - | - | - | 2.20% | |
| Business Training & Employment Agencies | - | - | - | 1.62% | |
| Industrial Suppliers | - | - | - | 1.17% | |
| Security Services | - | - | - | 0.79% | |
| Industrial Engineering | - | - | 4.72% | - | |
| Machinery: Specialty | - | - | - | 2.68% | |
| Machinery: Industrial | - | - | - | 2.04% | |
| Electronic & Electrical Equipment | - | - | 2.87% | - | |
| Electrical Components | - | - | - | 1.64% | |
| Electronic Equipment: Other | - | - | - | 1.20% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.03% | |
| Industrial Transportation | - | - | 2.60% | - | |
| Marine Transportation | - | - | - | 1.72% | |
| Transportation Services | - | - | - | 0.88% | |
| General Industrials | - | - | 1.65% | - | |
| Plastics | - | - | - | 1.31% | |
| Diversified Industrials | - | - | - | 0.35% | |
| Construction & Materials | - | 1.62% | - | - | |
| Construction & Materials | - | - | 1.62% | - | |
| Engineering & Contracting Services | - | - | - | 1.01% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.60% | |
| Financials | 11.73% | - | - | - | |
| Financial Services | - | 11.07% | - | - | |
| Finance & Credit Services | - | - | 9.72% | - | |
| Consumer Lending | - | - | - | 9.72% | |
| Investment Banking & Brokerage Services | - | - | 1.35% | - | |
| Asset Managers & Custodians | - | - | - | 1.02% | |
| Diversified Financial Services | - | - | - | 0.33% | |
| Insurance | - | 0.66% | - | - | |
| Non-life Insurance | - | - | 0.66% | - | |
| Property & Casualty Insurance | - | - | - | 0.66% | |
| Technology | 11.43% | - | - | - | |
| Technology | - | 11.43% | - | - | |
| Software & Computer Services | - | - | 10.18% | - | |
| Software | - | - | - | 7.38% | |
| Computer Services | - | - | - | 2.57% | |
| Consumer Digital Services | - | - | - | 0.23% | |
| Technology Hardware & Equipment | - | - | 1.24% | - | |
| Electronic Components | - | - | - | 1.24% | |
| Basic Materials | 5.89% | - | - | - | |
| Basic Resources | - | 4.95% | - | - | |
| Industrial Materials | - | - | 3.08% | - | |
| Diversified Materials | - | - | - | 3.08% | |
| Industrial Metals & Mining | - | - | 1.25% | - | |
| General Mining | - | - | - | 1.25% | |
| Precious Metals & Mining | - | - | 0.62% | - | |
| Platinum & Precious Metals | - | - | - | 0.62% | |
| Chemicals | - | 0.94% | - | - | |
| Chemicals | - | - | 0.94% | - | |
| Specialty Chemicals | - | - | - | 0.94% | |
| Non-Classified | 5.58% | - | - | - | |
| Non-Classified | - | 1.18% | - | - | |
| Non-Classified | - | - | 1.18% | - | |
| Non-Classified | - | - | - | 1.18% | |
| Energy | 3.17% | - | - | - | |
| Energy | - | 3.17% | - | - | |
| Non-Renewable Energy | - | - | 2.63% | - | |
| Oil: Crude Producers | - | - | - | 2.63% | |
| Renewable Energy | - | - | 0.54% | - | |
| Alternative Fuels | - | - | - | 0.54% | |
| Telecommunications | 3.00% | - | - | - | |
| Telecommunications | - | 3.00% | - | - | |
| Telecommunications Equipment | - | - | 3.00% | - | |
| Telecommunications Equipment | - | - | - | 3.00% | |
| Real Estate | 2.61% | - | - | - | |
| Real Estate | - | 2.61% | - | - | |
| Real Estate Investment Trusts | - | - | 1.52% | - | |
| Office REITs | - | - | - | 1.52% | |
| Real Estate Investment & Services | - | - | 1.09% | - | |
| Real Estate Holding and Development | - | - | - | 1.09% | |
| Health Care | 1.64% | - | - | - | |
| Health Care | - | 1.64% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.01% | - | |
| Pharmaceuticals | - | - | - | 1.01% | |
| Medical Equipment & Services | - | - | 0.63% | - | |
| Medical Equipment | - | - | - | 0.63% | |
| Utilities | 1.28% | - | - | - | |
| Utilities | - | 1.28% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.28% | - | |
| Multi-Utilities | - | - | - | 1.28% | |
| Consumer Staples | 1.11% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 1.11% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.11% | - | |
| Personal Products | - | - | - | 1.11% | |
| Cash and Equivalents | 0.59% | - | - | - | |
Regional Allocation
| UK | 96.84% | |
| Non-Classified | 2.46% | |
| Cash and Equivalents | 0.59% | |
| South & Central America | 0.12% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.75% | |
| Cash | 1.00% | |
| Pound Sterling | 0.25% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 96.84% | - | |
United Kingdom
|
- | 96.84% | |
| Non-Classified | 2.46% | - | |
| Cash and Equivalents | 0.59% | - | |
| South & Central America | 0.12% | - | |
Virgin Islands (British)
|
- | 0.12% | |
Breakdown By Market Cap (%)
| Small |
|
35.34% |
| Micro |
|
59.31% |
| Non-Classified |
|
4.76% |
| Cash |
|
0.59% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ON THE BEACH GROUP | 4.10% | Travel & Leisure | United Kingdom |
| 2 | FUNDING CIRCLE HLDGS | 3.71% | Finance & Credit Services | United Kingdom |
| 3 | APTITUDE SOFTWARE GROUP | 3.37% | Software & Computer Services | United Kingdom |
| 4 | COHORT | 3.18% | Aerospace & Defence | United Kingdom |
| 5 | INTERNATIONAL PERSONAL FINANCE | 3.16% | Finance & Credit Services | United Kingdom |
| 6 | ZOTEFOAMS | 3.08% | Industrial Materials | United Kingdom |
| 7 | FILTRONIC | 3.00% | Telecommunications Equipment | United Kingdom |
| 8 | AVON TECHNOLOGIES | 2.92% | Aerospace & Defence | United Kingdom |
| 9 | WARPAINT LONDON | 2.90% | Personal Goods | United Kingdom |
| 10 | VANQUIS BANKING GROUP | 2.86% | Finance & Credit Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 11.43% | - | - | - | - | - | - | - | 11.43% |
| Telecommunications | 3.00% | - | - | - | - | - | - | - | 3.00% |
| Financials | 11.73% | - | - | - | - | - | - | - | 11.73% |
| Real Estate | 2.61% | - | - | - | - | - | - | - | 2.61% |
| Consumer Discretionary | 26.63% | - | - | - | - | - | - | - | 26.63% |
| Consumer Staples | 1.11% | - | - | - | - | - | - | - | 1.11% |
| Energy | 3.17% | - | - | - | - | - | - | - | 3.17% |
| Utilities | 1.28% | - | - | - | - | - | - | - | 1.28% |
| Health Care | 1.64% | - | - | - | - | - | - | - | 1.64% |
| Industrials | 25.34% | - | - | - | - | - | - | - | 25.34% |
| Basic Materials | 5.89% | - | - | - | - | - | - | - | 5.89% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.59% | 0.59% |
| Non-Classified | 3.00% | 0.12% | - | - | - | - | 2.46% | - | 5.58% |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BYTC0P9 |
| Mex Code | PUPPK |
| Isin Code | GB00BYTC0P95 |
| Citi Code | N08W |
Fund Charges
| Annual Management Charge (AMC) | 1.45% |
| Further Costs | 0.17% |
| Yearly Total | 1.62% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the Schroder UK Smaller Companies Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide capital growth in excess of the FTSE UK Series Small Cap ex Investment Trusts (Gross Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of small-sized UK companies. |
| Benchmark | FTSE UK Series Small Cap ex Investment Trusts (Gross Total Return) Index |
| ABI Sector | UK Smaller Companies |
Ratings
| FE Crown |  |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.