Fund Objective

The investment objective of the Fund is to maximise the total return to unitholders.

View on Past Performance

"Smaller", in this context, means companies whose market capitalisation will normally be in the range of US$100m-1bn, considerably less than those included in the leading equity indices in the USA, UK, and Europe.MW created the McInroy & Wood Smaller Companies Fund in order to afford clients and other investors a well-diversified international portfolio of smaller company investments.

Future Expectations

As a specialist private client firm, MW is much less hampered than giant institutions by liquidity considerations in its investment selections, and is in a strong position to exploit the present opportunity on behalf of its clients.Market movements since the inception of the Smaller Companies Fund in 2001 have already gone some way towards fulfilling MW's expectation that well selected investments in the smaller companies sector would prove rewarding. Successful smaller companies can be expected to continue toperform well.

Fund Details