Renn Universal Growth Investment Trust PLC is an investment trust. The Company�s primary investment objective is to achieve capital growth and outperform its benchmark, the Russell 2000 index. This is achieved by investing primarily in privately placed common stock, preferred stock, and convertible debentures of United States quoted companies, and from time to time in unlisted United States companies. The Company�s portfolio is partially invested in interest bearing securities. As of fiscal year ended March 31, 2012, the Company�s 60% of the portfolio is held in listed equity securities. As of March 31, 2012, the Company�s top 10 holdings were AnchorFree, Inc, Cover-All Technologies, Inc., Integrated Security Systems, Acadia Healthcare., Plures Technologies, Fushi Copperweld, Bovie Medical Corporation, Points International, Hollysys Autonation Technologies and Access Plans. The Company's investments are managed by RENN Capital Group, Inc.