FTF Royce US Smaller Companies Fund Class W Accumulation

Category US Small-Cap Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£3.476

arrow-up£0.035 (+1.02%)

Fund Code

LMSWA

BP9LKJ7

GB00BP9LKJ73

Prices updated as at 12 Dec 2025

Prices in GBP

Investment objective

The Fund aims to increase in value through investment growth over periods of five years or more after all fees and costs are deducted. The Fund invests at least 80% of its assets in the shares and preference shares of smaller companies (i.e. those with market capitalisations not greater than that of the largest company in the Russell 2000 Index (the “Index”) at the time of its most recent reconstitution) headquartered in the U.S. Preference shares are shares where dividends are paid out in advance of dividends due to other shares in the company. The Fund typically invests in shares of fewer than 100 companies.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Annual performance (%)

Year	This fund	US Small-Cap Equity
30 Sep 14 - 30 Sep 15	-7.45	4.59
30 Sep 15 - 30 Sep 16	30.85	32.12
30 Sep 16 - 30 Sep 17	17.42	16.33
30 Sep 17 - 30 Sep 18	14.78	20.28
30 Sep 18 - 30 Sep 19	0.33	-1.96
30 Sep 19 - 30 Sep 20	-7.77	2.47
30 Sep 20 - 30 Sep 21	40.99	39.06
30 Sep 21 - 30 Sep 22	0.51	-9.65
30 Sep 22 - 30 Sep 23	10.87	1.11
30 Sep 23 - 30 Sep 24	5.69	13.18
30 Sep 24 - 30 Sep 25	-0.74	6.17

Trailing returns (%)

Year	This fund	US Small-Cap Equity
1 Day	1.02	0.51
1 Month	1.37	1.79
3 Months	6.01	6.11
6 Months	18.15	16.34
1 Year	-3.20	-0.89
3 Years annualised	6.59	8.87
5 Years annualised	8.13	6.52

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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