abrdn UK Smaller Companies Growth Trust plc (AUSC.L)
abrdn UK Smaller Companies Growth Trust plc operates in the Asset Management industry of the Financial Services sector, headquartered in Edinburgh, EB, GB. The stock last traded at $530.00, down 0.38% on the session, giving a market capitalisation of $239.8M. Its beta of 1.52 implies it has historically moved more than the broad market.
The abrdn UK Smaller Companies Growth Trust plc is a closed-ended investment company initially established by Standard Life Investments Limited. Its investment portfolio is currently overseen by Standard Life Investments (Corporate Funds) Limited. This Trust primarily allocates capital to publicly traded companies within the United Kingdom's equity markets, with a specific focus on mid- and small-capitalisation firms. It aims to achieve diversified sectoral exposure across its holdings. As an actively managed fund, its investment returns are benchmarked against the Numis Smaller Companies Index (excluding Investment Companies). The Trust, which commenced operations on July 9, 1993, was formerly designated as Standard Life UK Smaller Companies Trust plc and continues to be domiciled in the United Kingdom.
abrdn UK Smaller Companies Growth Trust plc is most often compared with the following Financial Services names: