MI Downing UK Micro-Cap Growth B Acc
Latest (Mid) Price:
GBX 153.89
Day Change:
+0.43%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 3.15 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 9,185,700.00 | 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 | Ongoing Charge (%) | 1.8900 (on 31/07/2020) |
Fund Objective
The investment objective of MI Downing UK Micro-Cap Growth Fund is to generate capital growth. The Fund seeks to achieve its investment objective through investing at least 90% of its assets in shares of companies which are included within the Numis Small Cap plus AIM excluding Investment Trusts Index, and which are based, or which carry out much of their business, in the United Kingdom. The Fund takes a proactive private equity approach to investing in quoted smaller companies. Investee companies will typically be capitalised between £20m - £350m at the time of investment. The Fund may also hold companies capitalised greater than £350m if it is deemed beneficial to the Fund. The Fund will aim to hold a portfolio of 25-40 investments.
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
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Building & Construction | 2.02% |
| Electronic & Electrical Equipm | 15.21% |
| Engineering & Machinery | 7.28% |
| Financials | 1.22% |
| Food Producers | 6.07% |
| Health & Household | 1.50% |
| Health Care | 4.98% |
| Investment Companies | 3.95% |
| Media | 3.91% |
| Money Market | 15.98% |
| Pharmaceuticals | 1.43% |
| Real Estate | 4.56% |
| Retailers - General | 2.60% |
| Software | 11.22% |
| Support Services | 10.40% |
| Telecommunications Utilities | 3.59% |
| Transport | 4.08% |
Top 10 Holdings
| Name | Weight |
|---|---|
| CENTRALNIC GROUP PLC | 6.29% |
| VOLEX PLC | 5.81% |
| Real Good Food 10% Loan Note 2 | 5.19% |
| NORMAN BROADBENT PLC | 5.14% |
| UNIVERSE GROUP | 5.03% |
| DX (GROUP) PLC | 4.43% |
| HARGREAVES SERVICES | 4.28% |
| VENTURE LIFE GROUP PLC | 3.77% |
| SURESERVE GROUP PLC | 3.34% |
| EKF DIAGNOSTICS HOLDINGS PLC | 3.25% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
