Smaller Companies Outperform Big Stocks in 2015

Year to date the stand out performers have been smaller company investment trusts whether it is in the UK, Japan or Europe

Emma Wall 11 December, 2015 | 1:01PM

David has once again slain Goliath – on the stock market that is. This year, it has been the smaller companies in the UK and Japan that have outperformed their blue-chip counterparts, thanks to supportive central bank policy.

Baillie Gifford Shin Nippon (BGS) has been the top performing investment trust year to date according to Morningstar data, returning 41% since January 1. The Gold-rated Standard Life UK Smaller Companies Trust (SLS) comes in at number three – and the rest of the top 20 are peppered with closed-end funds invested in smaller-cap stocks.

According to the Association of Investment Companies (AIC) this year’s top performing sector for investment trusts is Japanese Smaller Companies, up of 21.3%, whilst European Smaller Companies takes second place up 21.1%.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Baillie Gifford Shin Nippon Ord190.46 GBX-2.03
BlackRock Throgmorton Trust plc613.66 GBX0.60
JPMorgan European Smaller Comp Ord388.66 GBX-0.09
JPMorgan Mid Cap Ord922.92 GBX-0.55
Jupiter European Opportunities Ord690.00 GBX-0.58
Mercantile Ord202.55 GBX0.02
Montanaro European Smaller Ord1,355.00 GBX-0.37
Standard Life UK Smaller Co. Ord534.25 GBX-0.70

About Author

Emma Wall  is former Senior International Editor for Morningstar

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