The Iimia Accelerated fund, an Oeic structured fund of investment trusts, has grown by more than 14%...
The Iimia Accelerated fund, an Oeic structured fund of investment trusts, has grown by more than 14% to £3.02m since its launch in April 2003. Manager of the portfolio and Iimia CIO, Nick Greenwood, believes the investment trust sector is experiencing a positive re-rating due to increased investor confidence. Greenwood said the fund had been structured to gain exposure to asset classes such as small caps and biotechnology, which had been re-valued following a return to more 'normal' risk levels.
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