Investment objective

The objective of the Fund is to attempt to achieve over the long term a total return in excess of that of the MSCI World Small and Mid Cap Index (with net dividends reinvested). The Fund seeks to achieve its objective through investment in a concentrated portfolio of equity and equity-related securities of primarily small and medium-sized companies, selected from all the major markets and to a lesser extent from emerging markets worldwide. The approach is focussed on valuations and bottom-up fundamental research of individual companies.

Fund particulars

Launch date01 October 2007
Fund sizeUS$26.2m
Base currencyUSD
Min. investmentUS$10,000
BenchmarksMSCI World Small Mid Cap
MSCI World

Portfolio manager

Harry Fraser Partner and Portfolio Manager at Oldfield Partners

Harry Fraser

Portfolio Manager

Global Smaller Companies Strategy

Latest publication


July 2020

Small Cap Value: A winning combination
Harry Fraser