FINSBURY SMALLER QUOTED COMPANIES TRUST PLC - FSQ- Profile

Finsbury Smaller Quoted Companies Trust PLC. The Company's principal activity is that of an investment company. The Company invests in smaller United Kingdom quoted companies. The Company's objective is to achieve a high level of total return. The Company has operated as an investment company, as defined under Section 266 of the Companies Act 1985, and so as to qualify as an Investment Trust within the meaning of Section 842 of the Income and Corporation Taxes Act 1988. The Company has received written certification as an Investment Trust for all years up to and including the year ended 31-Dec-2001.Investment management services are provided by Close Finsbury Asset Management Ltd ('CFAM') for an annual rate of 0.75% of the Company's net assets, plus VAT. The agreement is terminable on 12 month's notice or at any time if the Company is in the course of being wound up in accordance with its Articles of Association. Invests in smaller United Kingdom quoted companies