aggressive growth fund began trading on 1 october and is 75% invested, driven by individual stocks and opportunities in small cap market
Trading for the BWD Rensburg Aggressive Growth Fund has begun cautiously having missed the FTSE bounce from 4,200 to above 5,000, by one week. Mark Hall, fund manager, said that the fund begun trading on 1 October, which did not prove the greatest timing following the huge bounce in the market the week before. Hall said: 'Following the first two weeks of the fund we are now 75% invested, most of this money has been put into mid and small caps, which is where we are finding the most attractive opportunities.' Hall said that at the moment there are not any major themes in the market, an...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes