Octopus unveils UK Smaller Companies OEIC

The offering, called the CF Octopus Opportunities fund, will aim to achieve capital growth for investors by purchasing a portfolio of between 30 and 50 holdings. It is managed by Richard Power and David Crawford. The duo, who already run £120m of AIM investments across a range of VCTs, EISs and IHT portfolios, will focus on AIM listed companies with a market capitalisation of under £100m, with the ideal company being around £50m in size. The managers will be able to hold unlimited cash in the vehicle and they can also go short of the index if the market takes a tumble to protect investors...