The fund will aim to achieve capital growth through investing in smaller companies in the Emerging Market and Asia ex Japan regions.
According to the company, the fund will invest in 70-100 stocks and aim to generate risk-adjusted returns relative to the benchmark with lower than index volatility.
The fund, which will sit in the IMA Global sector, will be managed by Matthew Dobbs.
Dobbs is currently Head of Global and International Small Cap Equities and manager of Pacific Equity portfolios including the Schroder Asian Alpha Plus Fund and the Asia Pacific and Oriental Income investment trusts.
Dobbs said that Smaller companies in emerging markets and Asian regions are an increasingly attractive opportunity set, providing higher exposure to some of the most interesting themes such as consumer cyclicals, industrials and healthcare.
