MARLBOROUGH FUND MANAGERS
Marlborough UK Micro Cap Fund
Income and growth by investing in UK smaller companies with a market capitalisation of less than £50m
Lump sum £1,000
100% in UK smaller companies with a market capitalisation of less than £50m
Tel: 0870 757 7205
The Marlborough UK micro cap fund aims for income and growth by focusing mainly on smaller companies with a market capitalisation of less than £50m.
Willis Own head of communications Kerry Nelson thinks this has the ingredients to be a good performing fund. She says: “This will offer specific exposure to the micro-cap market and will be of particular appeal to investors with a well diversified portfolio.”
In what is considered to be a flat market moving forward, Nelson believes those fund managers that add value through a stockpicking process will prove to be an essential ingredient in an investors' portfolio. She says: “What will add to the appeal in this instance is the fund manager's proven expertise in this area and ability to pick stocks and ultimately add value.” In Nelson's view the literature is straightforward and the commission is level with mainstream funds in the UK.
However, Nelson points out that it will have quite a limited appeal to the wider investment market. She adds: “I can see this fund being more popular with discretionary managers, possibly fund of fund managers and high-net-worth individuals.”
Nelson also feels this fund will not be a significant seller in the current environments, which has had many ups and downs. She feels many investors have become more cautious and that there is definitely a flight to safety - or perceived safety in investors' eyes.
Suitability to market: Average
Investment strategy: Good
Adviser remuneration: Average