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Potential investors should note that it applies a fee of 15 per cent on outperformance of the FTSE All-Share Index.A guide to performance fees and whether it's worth paying them is here.Unusually for a UK All Companies fund, it also provides a reasonable level of income.Alex invests in UK companies that are undergoing substantial positive change that is unrecognised in the current share price.

The manager’s experience, combined with the strength and depth of Schroders’ analyst team, make this fund stand out.We explain what your options are if you find yourself in this situation here.Do you want to automatically post your Mail Online comments to your Facebook Timeline?Your comment will be posted to Mail Online as usual We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on Mail Online.To do this we will link your Mail Online account with your Facebook account.

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