IFSL Marlborough UK Micro Cap Growth A
Investing in small caps with a market cap of £100m-250m. Typically AiM exposure is high.
PRICE (INC)
719.47p
PRICE (ACC)
719.47p
INITIAL CHARGE
5%
0%
ANNUAL MANAGEMENT CHARGE
1.5%
ONGOING CHARGE
1.55%
YIELD
0%
1 YEAR
-21.47%Prices as at 02 Jun 2023.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Fund summary
| Sector | UK Smaller Companies |
|---|---|
| Structure | UNIT TRUST |
| Launched | October 2004 |
| Size | £807m |
| Yield | 0% |
| Dividends paid | Acc units only |
Charges
| Standard Initial Charge | 5% |
|---|---|
| Initial Charge Via BestInvest | 0% |
| Additional Bid/Offer Spread | 0% |
| Annual Management Charge | 1.5% |
| Ongoing Charges Figure | 1.55% |
Investment Process
The fund will be actively managed on a total return basis and will typically target UK Smaller Companies with a market capitalisation of between £100-250m million at purchase. The investment process is bottom up driven and value aware. However, the team review the macro economic environment monthly and at times the portfolio may have some thematic orientation, including modest style tilts such as value or growth. Ideas are generated internally, via the broker community and through other external contacts. Hargreave is supported by a team of 8 - the size of the team enables him to monitor a large percentage of the small cap universe. The team carry out all their own analytical work on companies, which includes analysis of financial statements and meeting with company management. Hargreave controls all final investment decisions.
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning