September 22, 2020
The Cambridge Global Smaller Companies Fund provides long term capital appreciation by investing primarily in companies located globally with a market cap of US$250M to US$10B. The team focuses on value-creating businesses with durable competitive advantages.
Why global small caps – and why now?
Firstly, it’s worth noting that the global small-cap universe is significantly different to the local small-cap universe.
As well as a strong investment thesis for global small caps, it may also be a great time to invest. As illustrated, global small caps have traditionally experienced significant outperformance following a recessionary environment. Given the economic uncertainties presented by COVID-19, the near-term environment may be positive for global small caps.