Marlborough has soft-closed its Nano-Cap Growth fund after it attracted almost £90m during its launch period.
The group has introduced a 5.25% initial charge on all new investments from today. The move will stem flows into the product after it proved popular with investors during its launch period between 14 and 30 October. The Marlborough Nano-Cap Growth fund invests in the UK's smallest companies which have a market-cap of less than £75m. It is managed by Giles Hargreave (pictured), with Guy Feld and David Walton. A spokesman for Marlborough Fund Managers said: "Support for the fund during the launch period has been exceptionally strong and, in the interest of investors, we have taken the d...
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