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      <regFileNumber>811-05583</regFileNumber>
      <regCik>0000837274</regCik>
      <regLei>549300PIBKZH7YTTWU55</regLei>
      <regStreet1>One Franklin Parkway</regStreet1>
      <regCity>San Mateo</regCity>
      <regStateConditional regCountry="US" regState="US-CA"/>
      <regZipOrPostalCode>94403-1906</regZipOrPostalCode>
      <regPhone>650-312-2000</regPhone>
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      <seriesLei>549300EJP5P7UN3DQF32</seriesLei>
      <repPdEnd>2020-12-31</repPdEnd>
      <repPdDate>2020-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <invstOrSec>
        <name>IDEXX LABORATORIES INC COM USD.1</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
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        <cusip>45168D104</cusip>
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          <ticker value="IDXX"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEX INC COM USD.01</name>
        <lei>T9M5IGROL1TL1G5OV478</lei>
        <title>WEX INC COM USD.01</title>
        <cusip>96208T104</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TERRENO REALTY CORP REIT USD 0.01</name>
        <lei>N/A</lei>
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          <ticker value="TRNO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MSCI INC COM USD.01</name>
        <lei>549300HTIN2PD78UB763</lei>
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          <ticker value="MSCI"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ENTEGRIS INC COM USD.01</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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          <ticker value="ENTG"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Black Knight Inc COM USD 0.0001</name>
        <lei>549300TUSNXS3BFFML48</lei>
        <title>Black Knight Inc COM USD 0.0001</title>
        <cusip>09215C105</cusip>
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          <ticker value="BKI"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CHIPOTLE MEXICAN GRILL INC COM USD.01</name>
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          <ticker value="CMG"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TWILIO INC COM USD NPV CL A</name>
        <lei>5493004W8TRGD63APX93</lei>
        <title>TWILIO INC COM USD NPV CL A</title>
        <cusip>90138F102</cusip>
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          <ticker value="TWLO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ATLASSIAN CORP PLC ORD USD.1</name>
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        <title>ATLASSIAN CORP PLC ORD USD.1</title>
        <cusip>G06242104</cusip>
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          <ticker value="TEAM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KLA Corp COM USD0.001</name>
        <lei>549300H0BF5JCG96TJ81</lei>
        <title>KLA Corp COM USD0.001</title>
        <cusip>482480100</cusip>
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          <ticker value="KLAC"/>
          <other otherDesc="Internal Identifier" value="29949"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lyft Inc COM USD 0.00001 CL A</name>
        <lei>549300H7I5VN334XVZ52</lei>
        <title>Lyft Inc COM USD 0.00001 CL A</title>
        <cusip>55087P104</cusip>
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          <ticker value="LYFT"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MARTIN MARIETTA MATERIALS INC COM USD.01</name>
        <lei>5299005MZ4WZECVATV08</lei>
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          <ticker value="MLM"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Bill.com Holdings Inc COM USD 0.000010</name>
        <lei>549300IBF9VZZIGOZW63</lei>
        <title>Bill.com Holdings Inc COM USD 0.000010</title>
        <cusip>090043100</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>REVANCE THERAPEUTICS INC COM USD.001</name>
        <lei>549300N33TFDZHS81H11</lei>
        <title>REVANCE THERAPEUTICS INC COM USD.001</title>
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          <ticker value="RVNC"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BellRing Brands Inc COM USD.01 CL A</name>
        <lei>N/A</lei>
        <title>BellRing Brands Inc COM USD.01 CL A</title>
        <cusip>079823100</cusip>
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          <ticker value="BRBR"/>
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        <name>Zoominfo Technologies Inc COM USD 1</name>
        <lei>N/A</lei>
        <title>Zoominfo Technologies Inc COM USD 1</title>
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        <name>CHURCH &amp; DWIGHT CO INC COM USD1</name>
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        <name>INGEVITY CORP COM USD.01</name>
        <lei>5493009UTFC4B5IMGF87</lei>
        <title>INGEVITY CORP COM USD.01</title>
        <cusip>45688C107</cusip>
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        <name>ARES MANAGEMENT CORP COM USD NPV CL A</name>
        <lei>529900JUV61FH7B8VW38</lei>
        <title>ARES MANAGEMENT CORP COM USD NPV CL A</title>
        <cusip>03990B101</cusip>
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        <name>WINGSTOP INC COM USD.01</name>
        <lei>549300SSH3F8HPIM3Q47</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>FORTIVE CORP COM USD.01</name>
        <lei>549300MU9YQJYHDQEF63</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GW PHARMACEUTICALS PLC SPONSORED ADR</name>
        <lei>213800ISBN5CNUZMHZ39</lei>
        <title>GW PHARMACEUTICALS PLC SPONSORED ADR</title>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shift4 Payments Inc COM USD 1</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KEYSIGHT TECHNOLOGIES INC COM USD NPV</name>
        <lei>549300GLKVIO8YRCYN02</lei>
        <title>KEYSIGHT TECHNOLOGIES INC COM USD NPV</title>
        <cusip>49338L103</cusip>
        <identifiers>
          <ticker value="KEYS"/>
          <other otherDesc="Internal Identifier" value="589524"/>
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        <balance>48800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4918064.00000000</valUSD>
        <pctVal>1.041971182118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AGORA INC UNSPONSORED ADR</name>
        <lei>N/A</lei>
        <title>AGORA INC UNSPONSORED ADR</title>
        <cusip>00851L103</cusip>
        <identifiers>
          <ticker value="API"/>
          <other otherDesc="Internal Identifier" value="1087203"/>
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        <balance>6600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291522.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tradeweb Markets Inc COM USD 0.01</name>
        <lei>N/A</lei>
        <title>Tradeweb Markets Inc COM USD 0.01</title>
        <cusip>892672106</cusip>
        <identifiers>
          <ticker value="TW"/>
          <other otherDesc="Internal Identifier" value="972197"/>
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        <balance>92200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5360508.00000000</valUSD>
        <pctVal>1.135710079721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL INC COM NEW A USD.01</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL INC COM NEW A USD.01</title>
        <cusip>571903202</cusip>
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          <ticker value="MAR"/>
          <other otherDesc="Internal Identifier" value="52587"/>
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        <balance>18050.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1547426.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Match Group Inc COM USD.001</name>
        <lei>15OMOPB0A8K0EFUVD031</lei>
        <title>Match Group Inc COM USD.001</title>
        <cusip>44919P508</cusip>
        <identifiers>
          <ticker value="IAC"/>
          <other otherDesc="Internal Identifier" value="34528"/>
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        <balance>17200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5562480.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAYLOCITY HOLDING CORP COM USD.001</name>
        <lei>549300VH75FTB4DIEE07</lei>
        <title>PAYLOCITY HOLDING CORP COM USD.001</title>
        <cusip>70438V106</cusip>
        <identifiers>
          <ticker value="PCTY"/>
          <other otherDesc="Internal Identifier" value="572598"/>
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        <balance>42450.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6193030.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Roku Inc COM USD 0.0001</name>
        <lei>549300KR6ITU0YIR1T71</lei>
        <title>Roku Inc COM USD 0.0001</title>
        <cusip>77543R102</cusip>
        <identifiers>
          <ticker value="ROKU"/>
          <other otherDesc="Internal Identifier" value="815426"/>
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        <balance>26856.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3129529.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENUMBRA INC COM USD.001</name>
        <lei>549300RGE06P3ECANU72</lei>
        <title>PENUMBRA INC COM USD.001</title>
        <cusip>70975L107</cusip>
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          <ticker value="PEN"/>
          <other otherDesc="Internal Identifier" value="612998"/>
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        <balance>22900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4094978.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NVR INC COM USD0.01</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR INC COM USD0.01</title>
        <cusip>62944T105</cusip>
        <identifiers>
          <ticker value="NVR"/>
          <other otherDesc="Internal Identifier" value="26358"/>
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        <balance>1282.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4177717.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WORKDAY INC COM USD.001 CL A</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC COM USD.001 CL A</title>
        <cusip>98138H101</cusip>
        <identifiers>
          <ticker value="WDAY"/>
          <other otherDesc="Internal Identifier" value="532814"/>
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        <balance>20650.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3868984.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NXP SEMICONDUCTORS NV ORD USD NPV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP SEMICONDUCTORS NV ORD USD NPV</title>
        <cusip>N6596X109</cusip>
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          <ticker value="NXPI"/>
          <other otherDesc="Internal Identifier" value="474794"/>
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        <balance>22600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2577304.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COSTAR GROUP INC COM USD.01</name>
        <lei>N/A</lei>
        <title>COSTAR GROUP INC COM USD.01</title>
        <cusip>22160N109</cusip>
        <identifiers>
          <ticker value="CSGP"/>
          <other otherDesc="Internal Identifier" value="177549"/>
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        <balance>15135.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10755990.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SBA COMMUNICATIONS CORP REIT USD NPV CLASS A</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA COMMUNICATIONS CORP REIT USD NPV CLASS A</title>
        <cusip>78410G104</cusip>
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          <ticker value="SBAC"/>
          <other otherDesc="Internal Identifier" value="657956"/>
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        <balance>32957.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9818549.44000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OLD DOMINION FREIGHT LINE INC COM USD.1</name>
        <lei>5299009TWK32WE417T96</lei>
        <title>OLD DOMINION FREIGHT LINE INC COM USD.1</title>
        <cusip>679580100</cusip>
        <identifiers>
          <ticker value="ODFL"/>
          <other otherDesc="Internal Identifier" value="40899"/>
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        <balance>17850.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHWEST AIRLINES CO COM USD1</name>
        <lei>UDTZ87G0STFETI6HGH41</lei>
        <title>SOUTHWEST AIRLINES CO COM USD1</title>
        <cusip>844741108</cusip>
        <identifiers>
          <ticker value="LUV"/>
          <other otherDesc="Internal Identifier" value="15562"/>
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        <balance>50500.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Livongo Health Inc COM USD 1</name>
        <lei>54930061HKCVF1H2O156</lei>
        <title>Livongo Health Inc COM USD 1</title>
        <cusip>539183103</cusip>
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          <ticker value="LVGO"/>
          <other otherDesc="Internal Identifier" value="998905"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Guardant Health Inc COM USD 0.00001</name>
        <lei>N/A</lei>
        <title>Guardant Health Inc COM USD 0.00001</title>
        <cusip>40131M109</cusip>
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          <ticker value="GH"/>
          <other otherDesc="Internal Identifier" value="934353"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>REPUBLIC SERVICES INC COM USD.01</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>REPUBLIC SERVICES INC COM USD.01</title>
        <cusip>760759100</cusip>
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          <ticker value="RSG"/>
          <other otherDesc="Internal Identifier" value="55349"/>
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        <balance>63100.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>O'REILLY AUTOMOTIVE INC COM USD.01</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'REILLY AUTOMOTIVE INC COM USD.01</title>
        <cusip>67103H107</cusip>
        <identifiers>
          <ticker value="ORLY"/>
          <other otherDesc="Internal Identifier" value="31746"/>
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        <balance>12157.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aptiv PLC ORD USD.01</name>
        <lei>N/A</lei>
        <title>Aptiv PLC ORD USD.01</title>
        <cusip>000000000</cusip>
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          <isin value="JE00B783TY65"/>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FASTENAL CO COM USD.01</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>FASTENAL CO COM USD.01</title>
        <cusip>311900104</cusip>
        <identifiers>
          <ticker value="FAST"/>
          <other otherDesc="Internal Identifier" value="204754"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KANSAS CITY SOUTHERN COM USD.01</name>
        <lei>5493008C12PZMWP3WY03</lei>
        <title>KANSAS CITY SOUTHERN COM USD.01</title>
        <cusip>485170302</cusip>
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          <ticker value="KSU"/>
          <other otherDesc="Internal Identifier" value="40846"/>
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        <balance>13200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1970628.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WESTERN ALLIANCE BANCORP COM USD.0001</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>WESTERN ALLIANCE BANCORP COM USD.0001</title>
        <cusip>957638109</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GODADDY INC COM USD.001 CL A</name>
        <lei>N/A</lei>
        <title>GODADDY INC COM USD.001 CL A</title>
        <cusip>380237107</cusip>
        <identifiers>
          <ticker value="GDDY"/>
          <other otherDesc="Internal Identifier" value="600552"/>
        </identifiers>
        <balance>81617.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5984974.61000000</valUSD>
        <pctVal>1.268013403105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DraftKings Inc COM USD.0001 CL A</name>
        <lei>5493008P45UYYL683Z97</lei>
        <title>DraftKings Inc COM USD.0001 CL A</title>
        <cusip>26142R104</cusip>
        <identifiers>
          <ticker value="DKNG"/>
          <other otherDesc="Internal Identifier" value="1065333"/>
        </identifiers>
        <balance>22900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>761654.00000000</valUSD>
        <pctVal>0.161368684658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="721742.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloudflare Inc COM USD 0.001 CL A</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>Cloudflare Inc COM USD 0.001 CL A</title>
        <cusip>18915M107</cusip>
        <identifiers>
          <ticker value="NET"/>
          <other otherDesc="Internal Identifier" value="1008148"/>
        </identifiers>
        <balance>127300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4576435.00000000</valUSD>
        <pctVal>0.969591568316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTENE CORP COM USD.001</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP COM USD.001</title>
        <cusip>15135B101</cusip>
        <identifiers>
          <ticker value="CNC"/>
          <other otherDesc="Internal Identifier" value="225036"/>
        </identifiers>
        <balance>45250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2875637.50000000</valUSD>
        <pctVal>0.609250185686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMPHENOL CORP COM A USD.001</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP COM A USD.001</title>
        <cusip>032095101</cusip>
        <identifiers>
          <ticker value="APH"/>
          <other otherDesc="Internal Identifier" value="29427"/>
        </identifiers>
        <balance>54700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5240807.00000000</valUSD>
        <pctVal>1.110349492207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EPAM SYSTEMS INC COM USD.001</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM SYSTEMS INC COM USD.001</title>
        <cusip>29414B104</cusip>
        <identifiers>
          <ticker value="EPAM"/>
          <other otherDesc="Internal Identifier" value="514010"/>
        </identifiers>
        <balance>19500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4914195.00000000</valUSD>
        <pctVal>1.041151472065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peloton Interactive Inc COM USD 0.000025 CL A</name>
        <lei>5493002YS021166W0339</lei>
        <title>Peloton Interactive Inc COM USD 0.000025 CL A</title>
        <cusip>70614W100</cusip>
        <identifiers>
          <ticker value="PTON"/>
          <other otherDesc="Internal Identifier" value="1012124"/>
        </identifiers>
        <balance>64250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3711722.50000000</valUSD>
        <pctVal>0.786388278196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DRAFTKINGS INC COM USD 1 CL A *LOCKUP EXP 10/21/2020*</name>
        <lei>5493008P45UYYL683Z97</lei>
        <title>DRAFTKINGS INC COM USD 1 CL A *LOCKUP EXP 10/21/2020*</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="US26142R1041"/>
          <other otherDesc="Internal Identifier" value="1065181"/>
        </identifiers>
        <balance>251933.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7432562.13000000</valUSD>
        <pctVal>1.574708167434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="721742.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VEEVA SYSTEMS INC COM USD.00001 CL A</name>
        <lei>549300YZEXPDB92M2F02</lei>
        <title>VEEVA SYSTEMS INC COM USD.00001 CL A</title>
        <cusip>922475108</cusip>
        <identifiers>
          <ticker value="VEEV"/>
          <other otherDesc="Internal Identifier" value="561916"/>
        </identifiers>
        <balance>31700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7431114.00000000</valUSD>
        <pctVal>1.574401357737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SQUARE INC COM USD.000001 CL A</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>SQUARE INC COM USD.000001 CL A</title>
        <cusip>852234103</cusip>
        <identifiers>
          <ticker value="SQ"/>
          <other otherDesc="Internal Identifier" value="617316"/>
        </identifiers>
        <balance>46100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4837734.00000000</valUSD>
        <pctVal>1.024951975971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZYNGA INC COM USD.0000062</name>
        <lei>N/A</lei>
        <title>ZYNGA INC COM USD.0000062</title>
        <cusip>98986T108</cusip>
        <identifiers>
          <ticker value="ZNGA"/>
          <other otherDesc="Internal Identifier" value="508940"/>
        </identifiers>
        <balance>367500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3505950.00000000</valUSD>
        <pctVal>0.742792055156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VF CORP COM NPV</name>
        <lei>CWAJJ9DJ5Z7P057HV541</lei>
        <title>VF CORP COM NPV</title>
        <cusip>918204108</cusip>
        <identifiers>
          <ticker value="VFC"/>
          <other otherDesc="Internal Identifier" value="1320"/>
        </identifiers>
        <balance>19900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1212706.00000000</valUSD>
        <pctVal>0.256931325900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grocery Outlet Holding Corp COM USD 0.001</name>
        <lei>N/A</lei>
        <title>Grocery Outlet Holding Corp COM USD 0.001</title>
        <cusip>39874R101</cusip>
        <identifiers>
          <ticker value="GO"/>
          <other otherDesc="Internal Identifier" value="992035"/>
        </identifiers>
        <balance>38200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1558560.00000000</valUSD>
        <pctVal>0.330206074098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MICROCHIP TECHNOLOGY INC COM USD.001</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MICROCHIP TECHNOLOGY INC COM USD.001</title>
        <cusip>595017104</cusip>
        <identifiers>
          <ticker value="MCHP"/>
          <other otherDesc="Internal Identifier" value="30048"/>
        </identifiers>
        <balance>28927.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3046302.37000000</valUSD>
        <pctVal>0.645408291059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Robert Kubilis</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
