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Wells Fargo Asset Management (WFAM) today announced the launch of the Small Cap Innovation Fund and the Global Small Cap Equity Fund, further expanding its UCITS funds offering. The Small Cap Innovation Fund focuses on innovative companies with superior fundamentals that we believe are frequently mispriced in equity markets.
Concentrated on identifying companies that foster disruption in the markets, the fund typically holds securities in companies with a competitive advantage. At least two-thirds of the portfolio is based in the United States, with up to 15% invested opportunistically in global non-US small cap equities.
The Small Cap Innovation Fund aims to invest in companies that embrace the power of long-term compounding returns and operate on...
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