Microequities High Income Value Microcap

The fund follows a high conviction, concentrated strategy, typically investing in no more than 20 companies. The fund can invest up to 20% in any one company. The fund may also invest in companies outside of the microcap asset class (i.e. Those companies with a market capitalisation of more than $250m) but this will be limited to no more than 20% of assets of the fund. The fund will short sell securities, hold any financial debt instruments or speculate in derivative instruments.