Driehaus US Small Cap Equity Fund

Latest Nav
195.93
14 September 2021
ISIN
IE00BH3Z9P87
Currency
USD
SFDR classification
Article 6
Benchmark
Russell 2000 Growth TR USD
Category
US Small-Cap Equity
Investment Style
Small Growth
Fund Size
USD552m

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 14 billion of assets under management.

 

The strategy primarily invests in US small-capitalisation companies with good growth potential and with a market capitalisation within the same range at the time of investment as those included in the Russell 2000® 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.

Investment Team Location

Chicago, Illinois, USA

Active/Passive

Active with reference to a benchmark

Benchmark

Russell 2000 Growth TR USD

Fund Size

USD552m

Fund Launch

31 July 2019

Fund Status

Open to all investors

Share Class Launch

14 November 2019

Share Class Status

Open to all investors

Fund Currency

USD

Share Class CCY

USD

Management Fee

1.5%

Min. Investment

USD15,000

Fund Type

UCITS

Domicile

Ireland

Administrator

BBH Fund Administration Services (Ireland) Ltd

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing Frequency

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 Small Cap Equity Fund Q3 2021 Webcast

Top Ten Holdings

As of 31 July 2021
NameGicsCountryWeight %
1Crocs IncConsumer DiscretionaryUnited States2.6
2Natera IncHealth CareUnited States2.2
3SpringWorks Therapeutics Inc Ordinary SharesHealth CareUnited States2.0
4Celsius Holdings IncConsumer StaplesUnited States1.9
5Monday.Com Ltd Ordinary SharesInformation TechnologyIsrael1.7
6Calix IncInformation TechnologyUnited States1.6
7Lithia Motors Inc Class AConsumer DiscretionaryUnited States1.5
8Kornit Digital LtdIndustrialsUnited States1.4
9Caesars Entertainment IncConsumer DiscretionaryUnited States1.4
10AMN Healthcare Services IncHealth CareUnited States1.4

Exposure Breakdowns

As of 31 July 2021
TypeFund %Benchmark %
Communication Services2.42.8
Consumer Discretionary19.814.9
Consumer Staples3.13.6
Energy1.51.8
Financials3.25.1
Health Care25.829.4
Industrials19.614.1
Information Technology17.922.2
Materials5.33.0
Real Estate0.02.9
Utilities0.50.3
Cash0.50.0
Other0.40.0

Get the updates

Sign up to our monthly email newsletter for the latest fund updates, webcasts and insights.

Fund Manager

Funds to Consider

US Small-Cap Equity

Driehaus US Micro Cap Equity Fund

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 14 billion of assets under management. The strategy primarily invests in US micro-capitalisation companies with good growth potential and with a market capitalisation 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 strong 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.

Global Emerging Markets Equity

Driehaus Emerging Markets Sustainable Equity Fund

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 14 billion of assets under management. The investment style is a bottom-up growth equity investment approach. The strategy exploits equity market inefficiencies that materialize following inflection points, combining fundamental, behavioural, and macro analysis as well as integrating environmental, social and governance (“ESG”) criteria as part of the investment research process. The approach focuses on companies with strong or improving ESG attributes and growth opportunities tied to social and environmental solutions, and robust governance structures. It also includes evaluating fundamental factors relating to the companies such as the competitiveness of the relevant industry, the company’s business model, recent and projected financial metrics and upcoming product releases to be introduced by the company. Macro-economic or country specific analyses are also utilised to evaluate the sustainability of a company’s growth rate.

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.