Performance

 

Total Returns


Discrete (%)

Period NAV Index Price
1 year to 31 Dec 2018 (15.4) (15.3) (11.8)
1 year to 31 Dec 2017 22.1 19.5 22.6
1 year to 31 Dec 2016 5.8 11.1 (4.2)
1 year to 31 Dec 2015 10.2 10.6 13.9
1 year to 31 Dec 2014 (0.7) (1.9) 0.1

Compound (%)

Periods to 31 Dec 2018 NAV Index Price
2 years 1.6 0.6 4.0
3 years 3.0 4.0 1.2
4 years 4.7 5.6 4.2
5 years 3.6 4.1 3.4
10 years 14.3 15.1 15.9
15 years 10.0 10.3 10.3
28.1 years from launch 12.7 10.4 12.4

Cumulative (%)

Periods to 31 Dec 2018 NAV Index Price
2 years 3.2 1.2 8.2
3 years 9.2 12.4 3.6
4 years 20.4 24.3 18.0
5 years 19.6 22.0 18.1
10 years 280.0 307.3 338.8
15 years 317.3 336.2 335.3
28.1 years from launch 2,772.3 1,498.7 2,525.7

Notes:
NAV = the Trust's net asset value per Ordinary Share with dividends reinvested.
Index = capital appreciation on the Numis Smaller Companies Index (Excluding Investment Companies) with dividends reinvested. This comprises the bottom 10% of all UK quoted companies by market value which at 1 January 2019 included some 359 companies, the largest market capitalisation of which was £1,308m and the aggregate market capitalisation of which was £140bn.
Price = the Trust's Ordinary Share price with dividends reinvested.
Launch = 10 December 1990.

Past performance is not a guide to future performance, or a reliable indicator of future results or performance.