BlackRock Throgmorton Trust aims to provide shareholders with capital growth and an attractive total return through investment primarily in UK smaller and mid-capitalisation companies listed on the main market of the London Stock Exchange.
BlackRock Throgmorton Trust may hold up to 25 per cent. of its gross assets, at the time of acquisition, in equities or collective investment vehicles traded on the AIM market of the London Stock Exchange.
In addition to holding a conventional long only portfolio of UK smaller and mid-capitalisation equities, the Company will hold approximately 30 per cent. of its net assets in a portfolio of contracts for difference (“CFD”) and/or comparable equity derivatives which provide both long and short exposure. Under normal circumstances, the long only portfolio is expected to comprise 100 per cent. of the Company’s net assets. Therefore, the Company can have gross exposure of 130 per cent. of net assets, albeit that some of this exposure represents short positions.
We have written notes that explain how the fund works: “Vision, execution and adaptability“
You can access the manager’s website here