leadf
logo-loader
viewBerkshire Hathaway

Want to invest like Warren Buffett? Now you can with the Buffettology Smaller Companies Investment Trust

The new trust is listing soon and aims to raise at least £100mln that will then be invested into the market's hidden gems

Berkshire Hathaway -

Is Warren Buffett headed to the UK? Well, more in spirit than in body.

For the 90-year-old Sage of Omaha’s investment philosophy that turned him into one of the world’s most successful stock-pickers will be at the heart of a trust that also takes his name.

The Buffettology Smaller Companies Investment Trust is aiming to raise at least £100mln, which it will plough into some of the market’s hidden gems.

It is the brainchild of Sanford DeLand, the boutique asset manager behind the top-performing SDL UK Buffettology fund inspired by billionaire head of Berkshire Hathaway.

The listed vehicle will be run by Keith Ashworth-Lord, the driving force behind the highly-rated, £1.4bn SDL UK Buffettology fund. Over the last three years, it has delivered a 30% return and is ranked second out of more than 200 similar funds for its five-year performance.

Its top holding is Games Workshop, which accounts for just under 10% of the portfolio.

In a statement on the launch of the listing of the new trust, chief investment officer Ashworth-Lord said: "We believe that the UK small-cap market offers excellent investment opportunities to experienced managers who know what to look for and have the freedom to take a long-term view.

“Our business perspective investing approach is ripe for application to smaller companies and presents an opportunity to deliver superior returns for our shareholders, over the long-term.”

Buffettology will be quoted on the premium segment of the official list. The prospectus is expected to be published on or around September 29.

Quick facts: Berkshire Hathaway

Price: - -

NYSE:BRK
Market: NYSE
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Ferro-Alloy Resources 'extremely active' after first commercial sale of...

Ferro-Alloy Resources Ltd's (LON:FAR) Nick Bridgen talks to Proactive London about their first commercial production and sale of calcium molybdate. Bridgen explains what the product is used for, the production of ferromolybdenum, molybdenum-containing alloys, ceramics and direct alloying of...

1 hour, 26 minutes ago

2 min read