An update from Judith MacKenzie, Head of Public Equity and Partner of Downing LLP. Judith provides an update on the Downing Strategic Micro-Cap Investment Trust which is currently invested in 11 small cap businesses. The trust invests in a concentrated portfolio of between 12-18 positions, taking between 3-25% of the underlying equity. Companies within the portfolio include Adept Telecom, Braemar Shipping, Gama Aviation and Redhall. Filmed & produced by Five Minute Pitch TV.