Miton UK Microcap Trust | ESG

The Company intends to invest primarily in the smallest companies, measured by their market capitalisation, quoted or traded on an exchange in the United Kingdom at the time of investment. It is likely that the majority of the micro-cap companies held in the Company's portfolio will be quoted on the AIM Index and will typically have a market capitalisation of less than £150 million at the time of investment. The Company may also invest in debt warrants or convertible instruments issued by such companies and may invest in, or underwrite, future equity issues by such companies.

The Manager of the trust is Premier Miton Group, and as part of the execution of the trust’s investment strategy, its fund managers follow Premier Miton’s responsible investing policy. They integrate Governance and Social responsibility into the investment process, actively engage with investee companies in order deliver improved outcomes for all stakeholders and take an active approach to voting on company resolutions at annual general meetings of investee companies.

Premier Miton has been a signatory of the UN Principles for Responsible Investment since January 2020, an organisation which encourages and supports its signatories to incorporate environmental, social, and governance factors into their investment and ownership decisions.

Banned weapons exclusion: Premier Miton excludes companies that are involved in Banned Weapons across all Premier Miton funds and utilises third party data to maintain a list of such companies

Whilst Premier Miton doesn’t actively additionally exclude any other companies or sectors for ESG reasons, its active investment approach ensures that in many of the Premier Miton funds and investment trusts the exposure to so called ‘controversial companies’ is often low.