Standard Life UK Small.Co's Tst PLC Edison review on Standard Life UK Smaller Co
25 Ottobre 2019 - 12:31PM
RNS Non-Regulatory
TIDMSLS
Standard Life UK Small.Co's Tst PLC
25 October 2019
London, UK, 25 October 2019
Edison issues review on Standard Life UK Smaller Companies
(SLS)
Standard Life UK Smaller Companies (SLS) has a long-term record
of significant outperformance versus its benchmark. Manager Harry
Nimmo says that his disciplined investment process, which focuses
on quality, growth and momentum, also provides an element of
resilience in periods of market weakness. He is encouraged by the
trust's growing level of income, which is allowing SLS to employ a
progressive dividend policy, and argues that over the long term,
investors have been well served by an allocation to smaller UK
companies as they have outperformed the broader UK market. The
trust's board actively employs a discount control mechanism, and
has recently been repurchasing shares as SLS's discount has bumped
up against its 8% target maximum.
The board actively manages SLS's discount, aiming for a maximum
8% in normal market conditions; the primary method is via share
repurchases. The trust's shares are currently trading at a 5.7%
discount to cum-income NAV, which compares with the 5.0% to 7.6%
range of average discounts over the last one, three, five and 10
years. SLS has a long-term history of dividend growth, compounding
at an annual rate of 17.0% over the last decade; it currently
yields 1.5%.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: Edison is an investment research and advisory
company, with offices in North America, Europe, the Middle East and
AsiaPac. The heart of Edison is our world-renowned equity research
platform and deep multi-sector expertise. At Edison Investment
Research, our research is widely read by international investors,
advisers and stakeholders. Edison Advisors leverages our core
research platform to provide differentiated services including
investor relations and strategic consulting.
Edison is authorised and regulated by the Financial Conduct
Authority.
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information please contact Edison:
Mel Jenner, +44 (0)20 3077 5720
Sarah Godfrey, +44 (0)20 3681 2519
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn https://www.linkedin.com/company/edison-investment-research
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRALLFFIIDLEFIA
(END) Dow Jones Newswires
October 25, 2019 06:31 ET (10:31 GMT)
Grafico Azioni Abrdn Uk Smaller Compani... (LSE:AUSC)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Abrdn Uk Smaller Compani... (LSE:AUSC)
Storico
Da Mar 2023 a Mar 2024