So investiert der Granahan US SMID Select A USD Acc Fonds: The investment objective of the Fund is to seek capital appreciation through investment in small and mid-capitalisation, dynamic and emerging growth companies. The Fund invests primarily in equity securities of small and mid-capitalisation (“SMID Cap”) companies located in or whose businesses are closely associated with the United States. All securities issued by SMID Cap companies in which the Fund will invest will be listed or traded on a Regulated Market and meet the conditions of a transferable security as defined in the UCITS Regulations.