SVM UK Opps returns 41% year to date

SVM UK Opportunities has made 41% year to date against the 4.2% returned by the FTSE All-Share and t...

SVM UK Opportunities has made 41% year to date against the 4.2% returned by the FTSE All-Share and the IMA UK All Companies sector average of 6.6%. Australian gold miner Norseman Gold was the main performance driver, having rallied strongly on the back of a positive update. Core holdings in digital TV technology company Pace, staff provider Healthcare Locums and beverages manufacturer C&C Group also contributed to performance. Manager Neil Veitch has sold out of mining groups Aquarius Platinum and Xstrata and bought into vehicle hire company Northgate Vans and oil and gas group OMV AG...