INVESTMENT OBJECTIVE
To aim to provide capital growth by investing primarily in United Kingdom smaller companies.
Overview
| Asset class | Equities |
| Product Structure | OEIC |
| Inception Date | Jan 20, 1983 |
| Base Currency | GBP |
|
Fund Assets As of 31/01/26 |
$175.25M |
| Index | Numis Smaller Companies ex Investment Companies Index |
| Index Usage | Comparator |
| Peer Group Benchmark | IA UK Smaller Companies Equity |
| Peer Group Benchmark Usage | Comparator |
| Year End | 30-Jun |
| Pricing Basis | Single Priced |
Portfolio Management
Performance
Portfolio
Index represents the 6
Top Holdings
(As of 31/12/2025)
| % of Fund | |
| Bellway | 3.37 |
| Balfour Beatty | 3.34 |
| OSB Group | 3.28 |
| Paragon Banking Group | 3.28 |
| JTC | 2.53 |
| Mitchells & Butlers | 2.53 |
| SigmaRoc | 2.35 |
| Just Group | 2.32 |
| Oxford Instruments | 2.15 |
| Volution Group | 2.09 |
| TOTAL | 27.24 |
| Sector Allocation | % of Fund | % of Index | % of Fund | % of Index | As of 31/12/2025 |
| Market Capitalization Range of Equity Holdings | % of Fund | % of Index | % of Fund | % of Index | As of 31/12/2025 |
| Country/Geographic Exposures | % of Fund | % of Index | % of Fund | % of Index | As of 31/12/2025 |
| Regional Allocation | % of Fund | % of Index | % of Fund | % of Index | As of 31/12/2025 |
Documents
Related Insights
Differentiated insights are central to our investment approach.
16 Oct 2023
The Henderson Smaller Companies Investment Trust plc Annual General Meeting
In this AGM Presentation, Neil Hermon, Portfolio Manager of the Henderson Smaller Companies Investment Trust plc, discusses performance over the last financial year, how he has been navigating widespread volatility and where he is finding opportunistic value in a challenging market.
28 Dec 2022
2023 Outlook: Neil Hermon, Portfolio Manager
“The UK market looks cheap under almost any measure compared to history and other international markets.”
22 Nov 2022
The Henderson Smaller Companies Trust – No light at the end of the tunnel yet
Recently commissioned research from Edison highlights why now is the time to consider The Henderson Smaller Companies Investment Trust (HSL).
This research explores the macro and micro economic factors currently affecting UK smaller-and-medium sized businesses, including elevated inflation, higher interest rates, and the ongoing war in Ukraine, and how portfolio manager Neil Hermon is navigating this challenging backdrop.