RE: Helium9 Nov 2021 14:07
Helium May 2021
The Helium Rising Stars Fund closed the month +1.79% outperforming its benchmarks the AIM 100 Index -3.05% and the HFRX Event Driven Index -0.02%. The year to date shows a performance of +28.74%.
The Fund aims to achieve superior returns by primarily investing in quoted UK micro cap companies (market cap <50m GBP) across all sectors excl. mining and natural resources. It can further invest up to 30% of its NAV in Private Equity type of situations, predominantly pre-IPO situations.
Deepverge, now the largest holding in the fund, announced a new AI centre of excellence in Cork. The facility is expected to be ready in Q3 2021 and includes laboratory and engineering production units that will establish a European centre of excellence for realtime detection of multiple dangerous pathogens, including SARS-CoV-2, in water and wastewater systems.