Jupiter launches US small- and mid-cap fund for Siddles

Jupiter has launched a US small- and mid-cap fund for Robert Siddles.

The Jupiter US Small & Midcap Companies fund is a UCITS-compliant unit trust which aims to tap into opportunities in the smaller end of the well-covered US market. Siddles selects stocks from a universe of around 3,000 US small companies with a market capitalisation ranging from £100m to £5bn. The fund will typically hold between 50 and 75 stocks, and will adopt a value investment approach. Core holdings will comprise those firms the manager predicts can grow their earnings consistently over the long term. Other positions will include trading stocks which are held for short-term recov...