FP Octopus UK Micro Cap Growth Fund
For investors targeting long-term capital growth through exposure to progressive, growth companies.
The FP Octopus UK Micro Cap Growth Fund targets long-term capital growth by investing in a portfolio of the UK’s best small and micro companies. An actively managed, highly diversified fund which seeks to produce excellent risk-adjusted returns.
Risks to bear in mind
Capital at risk
The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest. Please read the prospectus and the Key Investor Information Document when considering one of our funds.
Smaller company share prices can be more volatile
Investments in smaller company shares are likely to fall and rise in value more than shares in larger, more established companies listed on the main market of the London Stock Exchange. They may also be harder to sell.
Reasons to invest
Smaller companies grow faster
That means share prices have a better chance of increasing at a faster rate over the long term.
Portfolio diversification
Smaller companies behave differently to larger ones. They tend to be more nimble and so can take advantage of new opportunities quickly.
Invest ahead of the mainstream
An investment team that specialises in smaller company investing can find undiscovered value across the AIM spectrum.
Meet the fund managers
Experience matters when investing in AIM. The fund management team is one of the most experienced in the UK.
Richard Power
Lead Fund Manager
With overall responsibility for the Quoted Companies team at Octopus, Richard has over 25 years’ experience of smaller company investing. He is lead manager of our FP Octopus UK Micro Cap Growth Fund, also oversees the investment process of the team which include the AIM IHT portfolios, and AIM VCTs. Richard is also a co-manager on the FP Octopus UK Multi Cap Income & FP Octopus UK Future Generation Funds. Richard started his career in 1995 at Duncan Lawrie, where he managed a successful small companies fund. He subsequently joined Close Brothers to manage a smaller companies investment trust before moving to Octopus Investments Limited to head up the Quoted Companies team in 2004.
Chris Mcvey
Co-Fund Manager
Chris is a Fund Manager on the team, joining in December 2016. He has been a specialist within the quoted UK Smaller Company market for almost 20 years. Chris works across all the Quoted Company portfolios.
He is lead manager on the FP Octopus UK Multi Cap Income Fund, and a co-manager on the FP Octopus UK Micro Cap Growth Fund, and FP Octopus UK Future Generations Fund.
He is lead manager on the FP Octopus UK Multi Cap Income Fund, and a co-manager on the FP Octopus UK Micro Cap Growth Fund, and FP Octopus UK Future Generations Fund.
Dominic Weller
Co-Fund Manager
Dominic is a Fund Manager on the Quoted Companies team. He works across sectors and co-manages the FP Octopus UK Micro Cap Growth Fund, FP Octopus UK Multi Cap Income Fund and the Octopus AIM VCTs.
He is a member of the Octopus Investments Responsible Investment Committee and leads the team’s stewardship efforts. He is a CFA charter holder.
He is a member of the Octopus Investments Responsible Investment Committee and leads the team’s stewardship efforts. He is a CFA charter holder.
Learn more about the fund
In this recording, Richard introduces the fund, talks about finding high growth, progressive companies and outlines the importance of our core/satellite approach.
Fund manager updates
Insights
The Octopus Dividend Barometer
The Dividend Barometer champions the lesser-known dividend credentials of small and mid-cap income stocks.
Summer update from the Octopus Quoted team
Whilst geopolitical risk continues to dominate financial markets the Quoted investment team's Summer update highlights the importance of taking a long-term view.
Poised for a comeback? The opportunity in UK small and mid caps
2022 was a challenging year for the financial markets. But there remains opportunity in the UK, with many businesses trading strongly – plenty of which are in portfolios managed by the Quoted team at Octopus.
The fund takes a core / satellite approach
Core: Established companies
Established, cash-generative leaders in their field
Seasoned management targeting superior growth
Satellite: Emerging stars
Initial public offering
Exceptional growth opportunities
Market inefficiencies
Example Core fund companies
Next Fifteen Communications Group
A digital and data led growth consultancy and marketing agency. Next Fifteen has been held in the Micro Cap Growth portfolio since October 2008.
Inspiration Healthcare Group
A global medical technology company focused on the design, manufacture and distribution of neonatal care solutions – Inspiration Healthcare has been held in the Micro Cap Growth portfolio since June 2020.
Renew Holdings
A leading engineering services group supporting UK infrastructure. Renew has been held in the Micro Cap Growth portfolio since July 2009.
Fund highlights
| Launch date | 12 July 2007 |
| Fund Sector | IA UK Smaller Companies |
| Number of holdings | 60-90 |
| ISIN | GB00BYQ7HN43 |
Fees and charges
| Fund Initial Charge | 0.00% |
| Ongoing Charge Figure (capped)* | 1.10% |
*Calculated as at 9 May 2022 based on the P Acc share class
How to invest
Invest through your preferred platform
How to invest
Apply through your preferred platform
Apply directly
The minimum initial investment is £1000. Clients can hold this fund in a SIPP or ISA.
Download application form
Download ISA transfer application form
Apply directly with us
The minimum initial investment is £1000. You can hold this investment in a SIPP or ISA.
Download application form
Download ISA transfer application form
Key documents
| FP Octopus UK Micro Cap Growth Fund prospectus | Download |
| FP Octopus Investments Funds Supplementary Information Document | Download |
| FP Octopus UK Micro Cap Growth Fund Key Investor Information Document P | Download |
| FP Octopus UK Micro Cap Growth Fund Key Investor Information Document S | Download |
| FP Octopus Investments UCITs funds OEIC and stocks and shares application form | Download |
| FP Octopus Investments UCITs funds ISA transfer application form | Download |
| FP Octopus UK Micro Cap Growth factsheet | Download |
| FP Octopus UK Micro Cap Growth Fund ESG Policy | Download |
Our other funds
FP Octopus UK Multi Cap Income Fund
Find companies with long-term income and growth potential.
FP Octopus UK Future Generations Fund
For investors targeting long-term capital growth with a focus on companies looking to solve problems for the planet and people.
Quoted fund webinars
Upcoming webinarQuoted funds
24 January 2024 11:00amFP Octopus UK Multi Cap Income fund – 5 year anniversary
Duration: 57mins
On demand webinarQuoted fundsCPD activity
Available now on demandOctopus update on UK smaller companies and our approach to UK equity income
Join us where Richard Power, Head of the Quoted Smaller Companies team and Chris McVey, Senior Fund Manager, will provide an update on the Octopus Quoted funds and answer your questions live.
Duration: 1hour 5mins
On demand webinarQuoted funds
Available now on demandReduce your concentration risk – FP Octopus UK Multi Cap Income fund
Join our webinar on Wednesday 28th October at 2pm where Chris McVey, Senior Fund Manager at Octopus, will be explaining his approach to income investing and answering your questions live
Duration: 52mins
Contact our team
Got a question about Octopus funds?
Beau Bulgin
Business Development Manager
Phone (+44) 778 0646 061