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Legg Mason Royce US Small Cap Opp A Dis A USD

Ranked 17 out of 52 in - US Small & Medium Companies over 12 months
All calculations are in EUR unless stated

Managed by

William A. Hench

Born in New York in 1964, William Hench attended Adelphi University in his home city. He trained as a certified public accountant with Coopers and Lybrand before joining JP Morgan as a principle on the equities desk. He is currently portfolio manager at Royce & Associates, where he implements a value investment style, focussing on small- and micro-cap companies with low price-to-book and price-to-sales ratios. He seeks to identify companies trading at discounts to his estimate of their worth that fall within one of four distinctive themes: unrecognised asset values; turnarounds; undervalued growth; and interrupted earnings.

Objective

The Fund seeks to achieve long-term capital appreciation by investing at least 70% of its Total Asset Value in a diversified portfolio of equity securities issued by small- and micro-cap U.S. companies (market capitalisations of less than USD 3 billion). The Sub-Investment Manager attempts to take advantage of what it believes are opportunistic situations for undervalued securities.

Showing fund performance in Luxembourg View performance globally

Performance

US Small & Medium Companies over : 31/05/2017 - 31/05/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -5.2%
2017 6.1% 2.8% -4.2% 5.6% 2.1%
2016 32.7% -2.4% 4.3% 11.1% 17.4%
2015 -4.0% 14.1% -3.7% -16.3% 4.5%
2014 11.4% 3.1% 0.4% -2.7% 10.7%
2013 34.4% 16.2% 2.3% 4.8% 7.8%
2012 19.6% 14.7% -1.0% 1.9% 3.4%
2011 -9.5% 1.5% -5.8% -22.0% 21.5%
2010 43.4% 19.6% -2.6% 0.8% 22.1%
2009 54.2% -9.6% 28.5% 26.4% 5.1%
2008 -45.0% -18.4% -1.6% 7.8% -36.5%
2007 -14.0% 2.9% 5.2% -11.2% -10.5%
2006 5.5% 13.1% -10.9% 1.0% 3.6%
2005 19.3% -0.2% 8.1% 6.6% 3.7%
2004 8.4% 8.7% 2.3% -6.9% 4.7%
2003 52.6% -6.2% 26.7% 16.3% 10.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. France
  5. Germany
  6. Hong Kong
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Singapore
  11. Spain
  12. Sweden
  13. Switzerland
  14. Taiwan
  15. United Kingdom

Fund Info

  • Launch date08/11/2002
  • Share Class size113Mn
  • Base currencyUSD
  • ISIN IE0031619046

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).