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OK small company IT
andy mac
Posted: 01 June 2017 12:40:41(UTC)
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I already hold HSL in my own portfolio and I am looking for some suggestions for a similar IT for my good ladys pf

Currently it is in Paul Marriages small UK fund which in general was very good but it did have a major blip last year so I am looking for an IT.
I checked out a few but none seem particularly enticing so what do you all suggest
Thanks for responses
Jim S
Posted: 01 June 2017 13:23:46(UTC)
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A good investment trust choice might be IPU, up 144% after 5 years & it won Best UK Growth Trust in Money Observer last month

Personally speaking, I would go for a fund, Marlborough UK Micro Cap Growth, because its managed by Giles Hargreave.
Mickey
Posted: 01 June 2017 14:54:31(UTC)
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I hold just HSL for UK Smaller Co's but am keeping an eye on it following the change to Janus Henderson.
Keith Cobby
Posted: 01 June 2017 15:05:24(UTC)
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I have held HSL for many years as my core UK smaller companies trust.
Mr Helpful
Posted: 01 June 2017 15:34:06(UTC)
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One small co's IT sometimes suggested here is SDV.

Now may not be the best time/price to buy SDV (or HSL)?
Put on watch-list perhaps?
Mickey
Posted: 01 June 2017 16:11:32(UTC)
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Keith Cobby;47423 wrote:
I have held HSL for many years as my core UK smaller companies trust.

Any thoughts on the sell-out to Janus Keith?
andy mac
Posted: 01 June 2017 16:12:14(UTC)
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thanks everyone
IPU looks interesting with no obvious duplication in the top 10 so I may very well go with that

Will wait and see what happens next weel
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Mickey on 01/06/2017(UTC)
Keith Cobby
Posted: 01 June 2017 17:03:04(UTC)
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Mickey;47428 wrote:
Keith Cobby;47423 wrote:
I have held HSL for many years as my core UK smaller companies trust.

Any thoughts on the sell-out to Janus Keith?


Tempted to quote Zhou Enlai's response to being asked about the French Revolution here!
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Mickey on 01/06/2017(UTC)
TJL
Posted: 01 June 2017 18:16:54(UTC)
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When I was moving money around a few weeks ago I opted for BRSC.
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Mickey on 01/06/2017(UTC)
Alan Selwood
Posted: 01 June 2017 21:56:44(UTC)
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In this general area, I think it's worth researching:
BlackRock Smaller Cos IT
Right & Issues IT
Marlborough Microcap fund
Aberforth Sm Cos IT

I hold the first 2 (and HSL & HOT) and have previously held the Marlborough fund.

DYOR!
2 users thanked Alan Selwood for this post.
andy mac on 02/06/2017(UTC), what me, worry? on 05/06/2017(UTC)
Neil K
Posted: 02 June 2017 15:49:37(UTC)
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I hold Henderson's UK Smaller Companies Fund and am not concerned with the Janus merger given Janus have no UK equities (large or small cap) capability from what I can tell.
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Mickey on 02/06/2017(UTC)
Andrew James
Posted: 02 June 2017 16:30:33(UTC)
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In addition to HSL, you might want to look at Standard Life UK Smaller Companies Trust (HSL). I hold both. For the future, the recently established Downing Strategic Micro-Cap IT is also worth a look, but I believe it is trading at a substantial premium to NAV at the moment. I would also look at VCTs - and not just for the tax angle. For example and not because I think that they are best in class, Giles Hargeaves runs a couple of AIM VCTs.
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Mickey on 02/06/2017(UTC)
Lawny
Posted: 02 June 2017 17:03:20(UTC)
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I bought SEC in February and its up 9% so far.

Funds I like: Marlboro MicroCap and Unicorn UK Sm Co

Or you might find Europe safer - Henderson Eu Sm Co or TRG are managed by the same folk. I also have Threadneedle Eu Sm Co.

All are going very well at the moment (a rising tide ?) TRG stands out for return while Marlboro is good for least volatility
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Mickey on 02/06/2017(UTC)
Colm Maguire
Posted: 04 June 2017 11:46:32(UTC)
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Yes there are plenty. I hold Marlborough and Old Mutual in UK as well as JP Morgan and Artemis US smaller companies. The US ones have done better over time.
A good place to find a list and make real and easy comparisons is on www.trustnet.com I would never choose a fund or trust without visiting that site.
VCTs are fine if you need to avoid income tax or capital gains but for me my funds have performed at least as well even including the initial tax break and do not tie me in for years. VCTs are also useful if you have maxed out on pension contributions and need another shelter.
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