Aberforth Smaller Companies Trust plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to achieve a net asset value total return (with dividends reinvested) greater than that of the Numis Smaller Companies Index (Excluding Investment Companies) (NSCI (XIC)). It is focused on achieving its objective by investing in small United Kingdom quoted companies. The Company may, at time of purchase, invest up to 15% of its assets in any one security. Its investment portfolio comprises investment in sectors, which include oil and gas producers; oil equipment, services and distribution; chemicals; industrial metals and mining; mining; construction and materials; aerospace and defense; general industrials; electronic and electrical equipment; industrial engineering; industrial transportation; support services; food producers; leisure goods, and pharmaceuticals and biotechnology. Aberforth Partners LLP is the investment manager of the Company.