Quick Stats

Bid Price - Offer Price -
Mid Price GBX 217.32 Day Change GBX -0.79 (-0.36%)
Price Date 18 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 0.41 %
Total Expense Ratio 3.15 Fund Size 33,063,100.00
Launch Date 05/09/2008 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 3.15
ISIN GB00B2403R79 Min TopUp (£) 10,000.00

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 is a Partner at Downing, having joined in 2009. Previously, she was a Partner at Acuity Capital, managing AIMquoted VCT & IHT investments and the CF Acuity RAM Fund. Prior to this, Judith spent seven years as a senior investment manager with Aberdeen Asset Management Growth Capital, as co-Manager of the five Aberdeen VCTs, investing in both public and private companies. She has held various non-executive and advisory roles in Scottish Government and private companies, and is a Fellow of the Securities Institute.