IFSL Marlborough Nano-Cap Growth Class P - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
After several decades in the investment industry, Giles Hargreave recently stepped back from day-to-day management of this fund. Whilst no longer at the helm, Hargreave is still involved with the fund, taking up sector analysis responsibilities and offering guidance and knowledge to the next generation of managers.
Long-term performance has been impressive, and we think the team behind this fund is strong. Managers Guy Feld and Eustace Santa Barbra invest in some of the smallest companies on the UK stock market. This is one of the most overlooked parts of the market, providing lots of opportunity to spot hidden gems. Smaller companies are higher-risk than larger ones though.
The fund is fairly large for the type of smaller companies it invests in. We don't want to see the fund grow significantly in size from here and that's why we're not currently considering it for the Wealth Shortlist.