Quick Stats

Mid Price GBX 180.08 Day Change GBX +1.84 (1.03%)
Price Date 17 Apr 2019 Crown Rating 2
Shares Class Acc. Yield 0.92 %
Last Ex-Dividend Date 01 February 2019 Dividend Frequency Semi-annually
Sector UK Smaller Companies Fund Size 17,390,400.00
Launch Date 05/09/2008 Standard Initial Charge 5.00%
Ongoing cost 1.25% Annual Management Charge 1.00%
ISIN GB00B2403R79 Sedol B2403R7

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