Quick Stats

Bid Price - Offer Price -
Mid Price GBX 130.48 Day Change GBX +0.12 (0.09%)
Price Date 20 Jul 2018 Crown Rating 1
Shares Class Inc. Yield 0.07 %
Total Expense Ratio 0.00 Fund Size 26,804,700.00
Launch Date 05/09/2008 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector UK Smaller Companies
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B7SB5C00 Min TopUp (£) 1,000.00

Fund Objective

MI Downing UK Micro-Cap Growth Fund (“the Fund”) invests in a concentrated portfolio of between 25- 30 UK companies within the Numis Smaller Companies Indices - typically those with market capitalisations between £20 million and £150 million. The Fund seeks to generate capital growth, 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 Manager believes are undervalued by the market.

Fund Managers

Judith MacKenzie
Judith joined Downing in October 2009. Previously she was a partner at Acuity Capital, a buy-out from Electra Private Equity, where Judith managed small company assets with an activist strategy. Prior to Acuity, Judith spent seven years with Aberdeen Asset Management Growth Capital as co-Fund Manager of the five Aberdeen VCTs, focusing on technology and media investments in both the public and private arenas. Judith is a Certified Fellow of the Securities Institute and has held a number of public and private directorships. She founded Downing Public Equity and is 3-Crown rated by FE Trustnet