MI Downing UK Micro-Cap Growth C Ac
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 124.25||Day Change||GBX +0.33 (0.27%)|
|Price Date||2 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||23,465,900.00|
|Launch Date||05/09/2008||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B7SB5C00||Min TopUp (£)||1,000.00|
PFS Downing Active Management Fund seeks to achieve capital growth by investing in a concentrated portfolio of between 25-30 UK smaller companies (typically those with market capitalisations between £20 million and £150 million). The Fund seeks to generate capital growth from a portfolio consisting of companies within the Numis Smaller Companies Indices whilst retaining a strong focus on capital preservation. The Fund aims to outperform returns from other UK small-cap equity funds by selecting investments that the Investment Manager believes are undervalued by the market.
Judith joined Downing in October 2009. Previously she was a partner at Acuity Capital managing AIM-quoted VCT and IHT investments and the CF Acuity RAM Fund (the predecessor to this Fund). Prior to Acuity, Judith spent seven years as a senior investment manager with Aberdeen Asset Management Growth Capital as co-Investment Manager of the five Aberdeen VCTs, investing in both public and private companies. Judith has held various non executive and advisory roles in Scottish Government and private companies, and is a Fellow of the Securities Institute.