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 | 8,779.90 | 5.10 | 0.06% |
| CAC 40 | 7,627.29 | 11.30 | 0.15% |
| DAX 40 | 23,629.57 | 12.01 | -0.05% |
| Dow JONES (US) | 43,089.02 | 507.24 | 1.19% |
| FTSE 100 | 8,787.00 | 28.01 | 0.32% |
| HKSE | 24,481.13 | 304.06 | 1.26% |
| NASDAQ | 19,912.53 | 281.56 | 1.43% |
| Nikkei 225 | 38,942.07 | 151.51 | 0.39% |
| NZX 50 Index | 12,460.96 | 6.52 | -0.05% |
| S&P 500 | 6,092.18 | 67.01 | 1.11% |
| S&P/ASX 200 | 8,559.20 | 3.70 | 0.04% |
| SSE Composite Index | 3,455.97 | 35.41 | 1.04% |