Member Info for EyesOfBlue

The TM Stonehage Fleming AIM fund Feb factsheet reveals some of their new investments and those recently closed. Our mkt cap seems much smaller than those selected for inclusion. Interesting though!

We had reasonable liquidity having sold our interest in Scapa at the end of the previous month following a takeover approach and also sold the remainder of our holding in AssetCo where the potential looked to have been achieved. I’ve added market caps in brackets, for guidance.

We started a new holding in Breedon Group (£1.6b) which produces a large number of aggregates, asphalt and concrete and is seeing a robust recovery in demand for products. Other new holdings included Watkin Jones (£590m) (rental property and student accommodation developer) and Secure Income (£1.2b) (leisure property investment and development) which we have held in the past. Purplebricks (£337m) is the other new holding, which we have not held in the past.The online estate agent has reorganised itself in the last two years and is set for profitable growth.

https://www.liontrust.co.uk/what-we-think/blogs/success-stories-in-the-uk-micro-cap-space?utm_medium=Content&utm_source=Trustnet%20Content&utm_campaign=CCM%20Investing%20For%20Generations%20Campaign&utm_content=Success%20in%20UK%20Micro%20Cap%20Read%20More

Sorry I misread it (doh) it’s actually LESS THAN £175m, flippin eck I need more tea !! So no reason they wouldn’t include us in that case ??

Hi - my first post on here. I’ve held approx 300k shares since the 1-2p days and was one of the 3 who managed to sell a few (£2k ish) at 9.65p yesterday. Luck and judgement in equal measure! This may help answer the “fund/etf” question. We’re currently way too small for the Liontrust AIM fund. Not sure how typical their criteria are?

The Liontrust UK Micro Cap Fund only considers companies with market capitalisations of under £175 million for initial investment and will look to gradually exit holdings when they exceed £275 million, a level at which they appear on the radar of many more investors. This capital can then be recycled into new, smaller ideas and hopefully the process will repeat itself. As a result, most of the Fund’s successful stock picks will naturally outgrow the micro cap space (with many of them ‘graduating’ to other funds in the Economic Advantage range which have higher market cap boundaries).