Driehaus US Micro Cap Equity Fund

Latest Nav
342.76
04 March 2021
ISIN
IE00BDB53G19
Currency
USD
SFDR classification
Article 6
Benchmark
Russell Micro Cap Growth TR USD
Category
US Small-Cap Equity
Investment Style
Small Growth
Fund Size
USD852m

INVESTMENT OBJECTIVES

The investment objective of the Fund is to achieve long-term capital growth.

The Fund’s Sub-Investment Manager, Driehaus Capital Management LLC, is a privately-held boutique asset management firm located in Chicago, USA. The firm was founded in 1982 and has USD 10 billion of assets under management.

The strategy primarily invests in US micro-capitalization companies with good growth potential and with a market capitalization within the same range at the time of investment as those included in the Russell Microcap® Growth Index. Investment decisions are based on the belief that fundamentally strong companies are more likely to generate superior earnings growth on a sustained basis and are more likely to experience positive earnings revisions. Investment decisions involve evaluating a company’s competitive position, industry dynamics, identifying potential growth catalysts and assessing the financial position of the relevant company.

Key stats

The below shows the information for the share class selected in the drop down box directly below the name of the fund. You can use the drop down box to view information relating to other share classes listed in the fund. A full list of all currency share classes is available on request.

Sub-Investment Manager

Driehaus Capital Management

Investment Team Location

Chicago, Illinois, USA

Active/Passive

Active with reference to a benchmark

Benchmark

Russell Micro Cap Growth TR USD

Fund Size

USD852m

Fund Launch

07 December 2016

Fund Status

Closed to All Investors

Share Class Launch

20 January 2017

Share Class CCY

USD

Management Fee

1.95%

Min. Investment

USD15,000

Fund Type

UCITS

Domicile

Ireland

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing

Daily

Subscriptions

T+3

Redemptions

T+5

Risk Management

1234567
Lower RiskHigher Risk

Performance

to
Frequency

Past performance is no guide to future performance and the value of investment and income from them can fall as well as rise.

Driehaus US Micro Cap Equity Fund Q4 2020 Webcast

Top Ten Holdings

As of 31 January 2021
NameGicsCountryWeight %
1Sitime Corp Ordinary SharesInformation TechnologyUnited States2.2
2Springworks Therapeutics Inc Ordinary SharesHealth CareUnited States2.0
3Growgeneration CorpConsumer DiscretionaryUnited States1.7
4Magnite IncConsumer DiscretionaryUnited States1.7
5Relay Therapeutics Inc Ordinary SharesHealth CareUnited States1.7
6Celsius Holdings IncConsumer StaplesUnited States1.6
7Natera IncHealth CareUnited States1.6
8Fulgent Genetics IncHealth CareUnited States1.4
9Chart Industries IncIndustrialsUnited States1.3
10Calix IncInformation TechnologyUnited States1.3

Fund Manager

Jeff James
Lead Portfolio Manager (Micro Cap, Small Cap, Small/Mid Cap Growth)Read More

Disclaimers

Heptagon Capital Limited, Heptagon Capital LLP and its Partners disclaim any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omissions from, these materials. Certain assumptions have been made, and/or parameters set, in the preparation of these materials which have resulted in the returns detailed herein, and no representation or warranty is made that any returns indicated will be achieved. Changes to assumptions or parameters may have a material impact on the returns detailed. This document should not be considered an offer to buy or sell investments. Heptagon Capital Limited has issued this communication as investment manager for Heptagon Fund PLC, and is licenced to conduct investment services by the Malta Financial Services Authority.

Heptagon Capital LLP, acting as Distributor, is authorised and regulated in the UK by the Financial Conduct Authority.

Representative and Paying Agent in Switzerland is Société Générale, Paris, Zurich branch, Talacker 50, PO Box 1928, 8021 Zurich, Switzerland. The prospectus, the key investor information document, the Articles and the annual and semi-annual reports are available free of charge from the Swiss representative.

The results given herein are based solely upon historical fund performance as gathered and supplied by Morningstar. That past performance has not been independently verified by either Heptagon Capital Limited or Heptagon Capital LLP. It is not intended to predict or depict the future performance of any investment. Past performance is not necessarily indicative of future returns.

The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about the funds, including important disclosures and risk factors associated with an investment in the funds. Before making an investment in any fund, prospective investors are advised to thoroughly and carefully review the fund’s private placement memorandum with their financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in these funds is not suitable for all investors.

London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2020. FTSE Russell is a trading name of certain of the LSE Group companies. Russell® is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.