VAM US Micro Cap Growth Fund*

VAM US Micro Cap Growth Fund is an active, earnings growth-oriented approach to an under-invested, inefficient asset class.

Many of the attributes that make the more widely-utilised US small capitalisation equity asset class so appealing are even more pronounced in the micro-capitalisation segment of the US market. Micro-capitalisation stocks are often the most inefficiently priced segment of the US equity universe, while many micro-capitalisation companies are often at the cusp of their upward trajectory of growth.

The VAM US Micro Cap Growth Fund is an active, conviction-based portfolio, generally fully invested in 90 to 200 holdings with position weights generally between 0.1% and 3%. The Fund focuses on bottom-up stock picking, concentrating on identifying innovative/fastest growing companies in addition to other growth companies with attractive future earnings growth potential.

The Fund is managed by Driehaus, which is a specialist institutional investment manager based in Chicago, Illinois, USA. Driehaus is unique in that its investment professionals have spent decades focused on identifying company-specific, positive turning points and exploiting the subsequent investment opportunities.

Key Features

  • Launched on 17th January 2003
  • Invests in US micro cap equities
  • High active share
  • Fully liquid
  • Daily dealing
  • Available in USD

*Fund is currently closed to subscriptions.

VAM US Micro Cap Growth Fund's Literature

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VAM US Micro Cap Growth Fund's Investment Manager

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