Quick Stats

Mid Price GBX 170.32 Day Change GBX -1.96 (-1.14%)
Price Date 16 Jan 2019 Crown Rating 2
Shares Class Acc. Yield 0.15 %
Last Ex-Dividend Date 31 October 2018 Dividend Frequency Semi-annually
Sector UK Smaller Companies Fund Size 9,364,433.38
Launch Date 06/07/2005 Standard Initial Charge 5.00%
Ongoing cost 1.12% Annual Management Charge 1.00%
ISIN GB00B90MK649 Sedol B90MK64

Fund Objective

The MFM Techinvest Special Situations Fund is a UK-based openended investment company. The aim of the Fund is to provide long-term capital growth and the accumulation of income through an actively managed portfolio of equities whose future prospects do not appear to be fully reflected in the current stockmarket price. The focus will be on smaller UK companies, although opportunities outside the UK may also be included, where appropriate. Particular attention will be paid to new and emerging growth stocks and to recovery situations where change in a company’s underlying dynamics or direction can be expected to lead to an improvement in its reported results.

Fund Managers

Conor McCarthy
Conor is founder and editor of the Techinvest stockmarket newsletter. Before devoting himself full-time to Techinvest in 1993, Conor spent 30 years working in the telecoms industry for multinational companies in the UK, Canada and Ireland. Between 1982 and 1993 he had the project management function on major telecommunications projects for a number of countries including Ireland, Kenya and Germany. Conor is the lead fund manager for the MFM Techinvest Technology Fund and the MFM Techinvest Special Situations Fund since its inception in May 2003. Conor is also a member of the Advisory Committee of the Campus Companies Venture Capital Fund, set up in May 1998 with funding from an Irish Government agency and the seven principal universities in Ireland, to commercialise research.
Darren Freemantle
Darren is co-manager for the MFM Techinvest Technology Fund and the MFM Techinvest Special Situations Fund, and a regular contributor to the Techinvest stock market newsletter. Darren began his career as a software engineer at GEC Marconi Avionics before moving to Lloyd’s of London as a systems analyst. Prior to joining Techinvest in 2003, he was at Steria, a pan-European IT service provider, where he held several positions in business development and consultancy. Darren holds an HNDip in Computing and a Masters in Finance from the National College of Ireland.