Bestinvest says
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The fund aims to achieve long-term capital growth by investing primarily in special situation shares of companies that have their head office or exercise a prominent part of their activity in Europe including countries of Central, Southern and eastern Europe including Russia) .Special situations stocks generally have valuations which are attractive in relation to net assets or earnings potential with additional factors which may have a positive influence on the share price The fund will have a mixture of investments in larger, medium and smaller sized companies. The manager is not restricted in his choice of companies either by size or industry, and will choose stocks largely determined by the availability of attractive investment opportunities.