Aberdeen Uk Smaller Companies Growth Trust

Liz Airey, chair of Aberdeen UK Smaller Companies Growth Trust, has written to shareholders outlining the case for the merger with JP Morgan UK Small Cap Growth & Income, announced last month. The merger will be implemented via a scheme of reconstruction. Dividends per share increased to 14p, an

JPMorgan UK Small Cap Growth & Income (JUGI) trailed its benchmark for a second successive year, returning 7.2% on net assets against 9.8% for the index in the 12 months to 31 July. Shareholders vote on 23 November on whether the trust should continue, as the company prepares to absorb Aberdeen

Aberdeen UK Smaller Companies Growth Trust (AUSC) has announced a "proposed reconstruction and rollover" with JPMorgan UK Small Cap Growth & Income (JUGI) for shareholders. The move comes months after its market value fell by 20% due to its high share buyback programme authorised by the board to