The fund’s investment objective is to aim to achieve capital growth by investing in UK smaller companies. The policy is to invest in smaller companies in the UK which are expected to exhibit superior growth over the long term. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
In addition, many have unique products and services that are in strong demand across the world. We employ a consistent and straightforward investment approach in this fund, looking specifically for companies with the ability to increase profits by raising prices. Many companies have the ability to increase their profits, but this is often achieved through risky new investments or through one-off cost cuts.We aim to focus on those with a very strong franchise and a unique product/service for which demand is very strong. These traits create pricing power, which, in our view, enables the company to grow profits in the safest possible way. This approach has proven to deliver exceptional returns over the longer term.