Microequities Global Value Microcap
MIC0003AU
Microequities Global Value Microcap MIC0003AU Strategy
The fund follows a high conviction, concentrated strategy, typically investing in between 30-40 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 US$300m) but this will be limited to no more than 40% of assets of the fund. The fund is unhedged, does not short sell securities, hold any financial debt instruments or speculate in derivative instruments.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Funds News & Analysis
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,755.80 | 19.20 | -0.22% |
| CAC 40 | 7,742.24 | 57.56 | 0.75% |
| DAX 40 | 23,699.12 | 182.89 | 0.78% |
| Dow JONES (US) | 42,515.09 | 317.30 | 0.75% |
| FTSE 100 | 8,875.22 | 24.59 | 0.28% |
| HKSE | 24,007.14 | 53.85 | -0.22% |
| NASDAQ | 19,701.21 | 294.39 | 1.52% |
| Nikkei 225 | 38,499.78 | 188.45 | 0.49% |
| NZX 50 Index | 12,639.35 | 50.78 | -0.40% |
| S&P 500 | 6,033.11 | 56.14 | 0.94% |
| S&P/ASX 200 | 8,525.20 | 23.20 | -0.27% |
| SSE Composite Index | 3,387.18 | 1.55 | -0.05% |