Premier offering discount on its UK small caps fund

count on its UK Smaller Companies fund run by Peter Webb and John McClure. The deal on the fund, which usually has a 5% initial fee, will last until the end of September and will not affect the 3% up front commission paid to intermediaries. UK Smaller Companies only looks at stocks with a market cap of £50m or more, according to McClure. The fund looks at small, but not fledgling, companies listed on the Extended Hoare Govett Smaller Companies Index. McClure defines the fund's remit as looking for growth from undervalued and out of favour equities. 'We're very focused and don't invest...