Sanford DeLand preps UK Buffettology Smaller Companies IPO

The UK Buffettology Smaller Companies investment Trust will invest in a portfolio of 30 to 50 smaller companies (limited to 60) with a market capitalisation of between £20m and £500m, listed on the London Stock Exchange (LSE) or quoted on the Alternative Investment Market (AIM). Benchmarked against the Numis Smaller Companies plus AIM (Ex-Investment Trust) index, the trust will adopt a long-term investment horizon of at least five to ten years. Managed by SDL, the trust will adopt the philosophy of Business Perspective Investing, most famously associated with Warren Buffett, which foc...