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PREMIER RENN ENTREPRENEURIAL - Fund overview

No Bestinvest rating


Overview of PREMIER RENN ENTREPRENEURIAL

A US$ denominated, open ended Guersey investment company investing in US micro cap emerging growth companies, usually less than $200m in size. This company is advised by Renaissance Capital Group, a Texas based investment management firm. As well as investing in the ordinary equity of these companies the fund may also take positions in convertible debentures. Underlying holdings are likely to be illiquid and may have sudden, unpredictable price changes.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  –
Product type  OFFSHORE FUND
Launched  April, 2006
Size  £4m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 373.00p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.75%
Total expense ratio 1.75%
Reduction in yield (10yr) 1.75%

Bestinvest says


No information available.

Portfolio

premier renn entrepreneurial asset allocation illustration
Allocation Proportion
Equity 90%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 10%
premier renn entrepreneurial equity geographic illustration
Allocation Proportion
UK 0%
Europe 0%
Nth America 40%
Japan 0%
Pacific 0%
Other Equity 60%
premier renn entrepreneurial equity capitalisation illustration
Allocation Proportion
Large Caps 0%
Mid Caps 0%
Small Caps 100%

Investment process


Renaissance Capital are longterm investors, their style of managing money focuses mainly on established and profitable companies that have a reasonable valuation and offer above average growth prospects. The company management must be able to demonstrate a proven track record and have a major interest in the business. The fund will also invest in private placements in the form of convertible securities which have historically provided some downside protection. The manager is prepared to run with his winners to maximise returns, this can result in some positions accounting for a large proportion of the portfolio. Investment objective is to achieve capital growth and outperform its benchmark, the Russell 2000 Index.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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