Views & News

Under the Bonnet

| UK Equities
Tom Matthews
07 Nov 2019
  • The Fund performed in line with the benchmark, a somewhat disappointing performance given the performance of the FTSE 250 index where the Fund is overweight, which outperformed the FTSE 100 index. 
  • October was an extremely busy month for portfolio news flow with a more mixed set of financial performances after what has generally been a strong year to date. 
  • On the positive side, QinetiQ was the best performer after announcing the US$135m acquisition of a US defence services business involved in sensor solutions called MTEQ. 
     

Disclaimer

Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation. The Fund’s investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.

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