Five things you need to know about UK mid-caps post Brexit

Mark Martin, Manager of the Neptune UK Mid Cap fund

Brexit news has caused a wave of turbulence across financial markets, with both UK equities and sterling plummeting in the immediate aftermath. UK mid-caps have borne the brunt of the selling so far, with housebuilders and banks being two of the worst performing sub-sectors.

However, for the contrarian investor, are UK mid-caps worth considering post Brexit? Mark Martin, manager of the Neptune UK Mid Cap fund, highlights five things you need to know about mid-caps today.


Important information

Investment risks

Neptune funds may have a high historic volatility rating and past performance is not a guide for future performance. The value of an investment and any income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the original amount invested. A majority of the investments made by the funds may be in securities of small and medium-sized companies. Such securities may involve a higher degree of risk than would be the case for securities of larger companies. Neptune funds are not tied to replicating a benchmark and holdings can therefore vary from those in the indices quoted. For this reason the comparison index should be used for reference only. References to specific securities are for illustration purposes only and should not be taken as a solicitation to buy or sell these securities. Please remember that forecasts are not a reliable indicator of future performance. The content of this document is formed from Neptune’s views as at the date of issue. We do not undertake to advise you as to any change of our views. Neptune does not give investment advice and only provides information on Neptune products. Please refer to the prospectuses for further details.