The Throgmorton Trust aims to provide shareholders with capital growth and an attractive total return from investment predominantly in listed UK smaller companies.

When selecting companies to invest in, the manager ensures a good spread amongst sectors and also market capitalisation. Companies are selected through bottom up stockpicking. Meeting the management of those companies is an essential part of the investment process and ongoing monitoring is also employed.

Read our latest Stock exchange announcement (PDF) 10Kb about the new Throgmorton Trust fund manager.

Chris joined AXA Framlington in 2005 and is the primary fund manager for the institutional small cap strategies and the mid and small cap unconstrained strategies.  In addition he has been the alternate fund manager for the AXA Framlington UK Smaller Companies Fund and the Throgmorton Trust PLC.  Chris is one of our dedicated small cap experts within a 10 strong UK equities team all of whom manage small companies as part of their multi-cap investment approach.

Prospective investors should be aware that, whilst the use of borrowings should enhance the net asset value of the ordinary shares where the value of the Trust’s underlying assets is rising, it will have the opposite effect where the underlying asset value is falling. Furthermore, should any fall in the underlying asset value result in the Trust or its subsidiaries breaching the financial covenants contained in their debenture and loan stock trust deeds, the Trust or its subsidiaries may be required to repay such borrowings forthwith in whole or in part together with any attendant costs. Such borrowings and any attendant costs will rank in priority to other classes of creditor (including shareholders) in the event of liquidation or winding up of the Trust.

This Trust employs gearing (borrowing money) which may result in an increased risk.

Please note that the share price may not directly reflect the overall NAV of the Trust.

The value of investments and the income from them can fluctuate and investors may not get back the amount originally invested. Investments should be made for the long term, ie. at least five years. Past performance is not a guide to future performance. Changes in exchange rates will affect the value of investments made overseas. Investments in newer markets, smaller companies or single sectors offer the possibility of higher returns but may also involve a higher degree of risk.