MI Downing UK Micro-Cap Growth C Ac

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 124.25 Day Change GBX +0.33 (0.27%)
Price Date 2 Dec 2016 Crown Rating 5
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
Currency GBX ISA Eligible No
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

Fund Objective

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.

Fund Managers

Judith MacKenzie
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.