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New Ireland Goodbody Smaller Companies

Equity

Equity Global

This fund invests in a concentrated portfolio of 30-50 small and medium-sized growing companies globally. The fund aims to deliver long-term capital growth. The fund is classified as an Article 8 Fund.

This fund invests in a concentrated portfolio of 35-45 small to medium sized growing companies. The fund aims to deliver long term capital growth.

StatusOpen for Investment
Fund size€6M
SFDRArticle 8
Focusglobally

Risk rating

1

2

3

4

5

6

7

219.80

EUR

+0.66 (+0.30%) past 3 year

as of 19 May 2026
Asset Breakdown

Equities

96.4

Cash

3.6

Fund insights

Detailed information extracted from the fund factsheet.

Managed by Goodbody Asset Management

Securities lending

For some funds that invest in shares or bonds, the assets in that fund may be used for the purpose of securities lending in order to earn an additional return for the fund. While securities lending increases the level of risk within a fund it provides an opportunity to increase the investment return.

ESG & sustainability

This fund is classified as a Light Green or Article 8 fund. Article 8 funds or Light Green Funds are defined as funds which promote environmental or social characteristics (although not exclusively) and which invest in companies that follow good governance practices. The underlying investments do not take into account the EU criteria for environmentally sustainable economic activities.

Investment themes
semiconductor equipment
utility scale solar adoption
US industrial activity
Positive screening

The fund promotes environmental or social characteristics (although not exclusively) and invests in companies that follow good governance practices.

Manager commentary - March 2026

Global equity markets came under pressure in March, reflecting higher oil prices, changing interest rate expectations, and concerns over the impact on consumer spending. While global small and mid cap equities continue to outperform large cap peers year to date, they lagged in March. Against this backdrop, the fund manager used the market weakness to initiate new positions. Although these companies operate across different parts of the economy, they are all “picks and shovels” (essential infrastructure) beneficiaries of long term growth themes, including semiconductor equipment, utility scale solar adoption, and US industrial activity.

- Jack McGettigan, Assistant Fund Manager, Goodbody Asset Management

Frequently asked questions

Common questions about New Ireland Goodbody Smaller Companies.

Goodbody Smaller Companies invests in a concentrated portfolio of 30 to 50 small and medium-sized growing companies across global markets. The fund mainly holds equities, with a small cash allocation, and its top holdings include names such as Avery Dennison, Halma, and Kingspan. It is actively managed by Goodbody Asset Management and aims to find businesses with long-term growth potential.

Goodbody Smaller Companies aims to deliver long-term capital growth. That means it is designed to grow an investor’s money over time rather than generate regular income. The fund’s own guidance suggests it is most suitable for a medium to long-term horizon of at least 5 to 7 years.

Goodbody Smaller Companies is classified as an Article 8, or Light Green, fund because it promotes environmental or social characteristics and invests in companies that follow good governance practices. It does not only focus on sustainability, and its underlying investments do not use the EU’s criteria for environmentally sustainable economic activities. In simple terms, the fund aims to support certain sustainability and governance features, but it is not a fully sustainable-impact fund.

Goodbody Smaller Companies focuses on “picks and shovels” businesses that support broader growth trends rather than only the end-market leaders. In March 2026, the manager said it was using market weakness to add new positions linked to themes such as semiconductor equipment, utility scale solar adoption, and US industrial activity. This means the fund may benefit from long-term infrastructure and enabling technologies rather than a single sector.

Goodbody Smaller Companies carries the usual risks of equity investing, so its value can rise and fall over time. The factsheet also highlights sustainability risks, meaning that environmental, social, or governance issues could affect some holdings. The fund may also use securities lending, which can add risk because shares in the portfolio may be temporarily loaned out to earn extra return.

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New Ireland Goodbody Smaller Companies

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