The Unicorn VCT has been building up its portfolio of smaller companies, taking advantage of histori...
The Unicorn VCT has been building up its portfolio of smaller companies, taking advantage of historically low valuations.
The investments are broadly based across the British economy and range from motor distributor Pendragon and brewer Wolverhampton & Dudley to aviation caterer Alpha Airports.
The fundamental attractions of these companies are such that the prospect of takeovers cannot be ruled out in the future, according to Peter Webb, chief executive of Unicorn Asset Management.
He said: 'There is a very simple way of understanding the current investment opportunity in smaller companies ' many of the goodies in the sweet shop are half price.
'I believe the Unicorn VCT has constructed a diversified portfolio that features the favoured specialist stocks held by many of our specialist funds ' Eaglet Investment Trust, for example.'
The Unicorn VCT, launched late last year, has so far raised £12.6m, double that taken by any other VCT on the market, according to Bridget Cleverly, director at Matrix, which markets the trust.
Intermediaries requiring copies of the prospectus and application forms should contact Matrix Sales on 020 7292 0825.
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