Driehaus US Small Cap Equity Fund

Latest Nav
174.52
Date of Latest NAV
15 January 2021
ISIN
IE00BH3ZBB87
Currency
USD
Benchmark
Russell 2000 Growth TR USD
Category
US Small-Cap Equity
Investment Style
Small Growth
Fund Size
USD301m

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 small-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 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

Sub-Investment Manager

Driehaus Capital Management

Investment Team Location

Chicago, Illinois, USA

Active/Passive

Active with reference to a benchmark

Benchmark

Russell 2000 Growth TR USD

Fund Size

USD301m

Fund Launch

31 July 2019

Share Class Launch

31 July 2019

Share Class CCY

USD

Management Fee

0.9%

Min. Investment

USD1,000,000

Fund Type

UCITS

Domicile

Ireland

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing

Daily by 14:00 Irish Time

Subscriptions

T+3

Redemptions

T+5

Risk Management

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Lower RiskHigher Risk

Performance

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

Growth Of Investment

to
Frequency

Webcast

Driehaus US Small Cap Equity Fund Q4 2020 Webcast

Top Ten Holdings

As of 30 November 2020
NameSectorCountryWeight %
1Natera IncHealth CareUnited States2.1
2Invitae CorpHealth CareUnited States2.0
3Springworks Therapeutics Inc Ordinary SharesHealth CareUnited States1.9
4Inspire Medical Systems IncHealth CareUnited States1.9
5Sitime Corp Ordinary SharesInformation TechnologyUnited States1.7
6Crocs IncConsumer DiscretionaryUnited States1.6
7Roku Inc Class ACommunication ServicesUnited States1.5
8Synaptics IncInformation TechnologyUnited States1.4
9Kinsale Capital Group IncFinancialsUnited States1.4
10Visteon CorpConsumer DiscretionaryUnited States1.4

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.