The micro-cap sector has been a popular choice for new products in the past year, with notable launches in the investment trust space in particular. But are these funds giving investors pure access to micro-caps?
Judith MacKenzie (pictured), manager of the PFS Downing UK Micro-Cap Growth fund, argues not, as "simple maths" dictates bigger funds will either have "fewer holdings in larger companies, or a raft of...
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