Disclaimer
This is a non-independent marketing communication commissioned by BlackRock. The report has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the dealing ahead of the dissemination of investment research.
In this episode of Trust Issues, which was recorded on 16 December 2024, we speak to Ryan Lightfoot-Aminoff from the analyst team at Kepler Trust Intelligence about BlackRock Smaller Companies (BRSC).
We discuss his thoughts on the trust, including the opportunity for investors in UK small-caps, an overview of the trust, current portfolio allocations, recent performance and the catalyst for a sustained recovery in the UK small-cap sector.
00:00 Introduction
00:24 Opportunities for investors in UK small-caps
02:55 Overview of strategy & investable universe
04:28 Key attributes of investments
05:10 Current positioning of the portfolio
07:03 Thoughts on performance
08:31 Impact of M&A activity
09:42 Recent level of discount
10:58 Current dividend policy
12:19 Catalysts for recovery in UK small-cap sector
14:20 Further information
14:40 Risk warning