The Global Smaller Companies Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. It invests in public equity markets worldwide, primarily in growth and value stocks of small-cap companies across diversified sectors. The fund uses fundamental analysis, focusing on management quality, market position, growth strategy, and cash flow dynamics. Its portfolio is benchmarked against a composite of 30% Numis UK Smaller Companies (excluding investment companies) Index and 70% MSCI All Country World ex UK Small Cap Index. It was formerly known as F&C Smaller Companies plc, was formed on February 15, 1889, and is domiciled in the United Kingdom.