The aim of the Fund is to provide a high level of income with the opportunity for capital growth over the life of the Company.
- Aims to produce an attractive level of income
- Invests principally in UK small and mid-capitalisation companies
- Opportunity to boost income via fixed interest securities and high yielding investment company shares
- Managed by Simon Moon, Fraser Mackersie (Unicorn Asset Management) and Paul Smith (Premier Asset Management)
The company invests in two portfolios:
Smaller companies portfolio
The smaller companies portfolio (70-80%), managed by Simon Moon and Fraser Mackersie from Unicorn, will invest predominantly in UK equities with a market capitalisation of under £1 billion. The focus will be on companies with experienced and well-motivated management, products or services supplying growth markets, sound operational and management controls, good cash generation and a progressive dividend.
The income portfolio (20-30%), managed by Paul Smith from Premier Asset Management, invests in fixed interest securities and high yielding investment company shares (up to 15% of the portfolio).