Data is at market close and rounded to 2 decimal places.
The stock selection process looks to identify smaller, fast growing companies at an early stage in their evolution. These companies will have high revenue growth rates usually as a result of inherently disruptive business models. The managers believe that companies capable of delivering consistently strong sales and earnings growth are likely to produce attractive returns over time, particularly when compared to larger, more mature corporations.
There will be a strong emphasis on companies which have the opportunity to materially increase their industry market shares by virtue of having developed revolutionary products or services, which cannot be easily replicated by competitors. There will be a focus on companies with low investment analyst coverage where there is a greater probability that the shares are mispriced because there is less research on these companies.
A lack of investment analyst coverage means that very little information is published about the company and its prospects, which means that its potential true value may not be fully understood and as such may not be reflected in the company’s share price.
Wider macro trends are monitored and specific industries deemed at risk of significant setbacks are eliminated from the portfolio.
To achieve capital growth. To invest at least 80% in smaller companies' shares listed, quoted or traded in the United States of America. The smaller companies that the fund invests in will have a market value of US$ 100 million to US$ 6 billion at the time of purchase. The fund may also invest in the shares of other companies (regardless of size or geography), other funds, cash and money market instruments.
|Fund launch date||14 March 2018|
|IA sector||North American Smaller Companies|
|Valuation point||12:00 midday|
Final - 31 May
Interim - 30 November