Premier Miton Investors plc (LON:PMI) Head of Equities Gervais Williams joins DirectorsTalk to discuss the performance of the Miton UK MicroCap Trust plc (LON:MINI). Gervais explains whats driven this top market performance, what it is about UK small and micro-caps that deliver such high returns, why investors support UK Equity Income Trusts when the returns on stock market unicorns have been so good over recent years and with the surprise collapse of family office Archegos and major losses in Credit Suisse, we ask whats causing this, and what are the wider market implications?
Miton UK MicroCap Trust plc (LON:MINI) invests primarily in the smallest companies, measured by their market capitalisation, quoted or traded on an exchange in the United Kingdom at the time of investment.
It is likely that the majority of the micro cap companies held in the Company’s portfolio will be quoted on the FTSE AIM All-Share Index (an index consisting of all companies listed on the Alternative Investment Market which meet the FTSE’s eligibility criteria) and will typically have a market capitalisation of less than £150 million at the time of investment.
