Royal London UK Smaller Companies Class M - Accumulation (GBP)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Henry Lowson and Henry Burrell stopped managing the fund and left Royal London in February 2026. Richard Marwood, Head of UK Equities, took over the fund’s management.

A large part of this fund is currently owned internally, mostly by pension funds that Royal London manage. Royal London have confirmed it will...

Our latest article Hal Cook | 12 February 2026

We’ve taken the decision to remove the Royal London UK Smaller Companies fund from the Wealth Shortlist.

The fund's investment objective is to achieve capital growth over the medium term (3-5 years) by investing at least 80% in the shares of UK smaller companies listed on the London Stock Exchange. The fund’s performance target is to outperform. after the deduction of charges, the FTSE Small Cap ex-IT (investment trusts) Total Return GBP Index (the "Index") over rolling 5-year periods (3). For further information on the fund's index, please refer to the Prospectus.

Historic yield :	2.77%
Income paid:	Bi-annually
Type of payment:	Dividend
Ex-dividend date:	1 March 2026 1 September 2026
Payment date:	30 April 20264 31 October 20264

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 November 2025.