Trust Issues: investing in UK small-cap equities with BRSC

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

Our latest research on BRSC - https://www.trustintelligence.co.uk/investor/articles?fund_id=127  BRSC website - https://www.blackrock.com/uk/solutions/investment-trusts/our-range/blackrock-smaller-companies-investment-trust/trust-information