The Company aims to meet its objectives through investment primarily, although not exclusively, in a diversified portfolio of securities and related instruments of undervalued British quoted securities of smaller companies (defined as the United Kingdom of Great Britain and Northern Ireland; (ii) the Republic of Ireland; (iii) the Bailiwicks of Guernsey and Jersey; and (iv) the Isle of Man). The majority of such companies will also be domiciled in the British Isles. Most of these companies will have smaller to mid-sized equity market capitalisations.