3 more small-cap ASX shares with a competitive edge

www.fool.com.au
3 min read
fairly easy
Perpetual portfolio manager Nathan Hughes picks a trio of small cap ASX shares that are ready to grow into larger beasts.
Perpetual portfolio manager Nathan Hughes picks a trio of smaller listed businesses that are ready to grow into larger beasts.

Many ASX investors willing to take on more risk for greater returns turn to small-cap companies.

And those punters have seen handsome rewards in the past 12 months, with the S&P/ASX Small Ordinaries (ASX: XSO) gaining almost 30%.

Yes, the smaller businesses can encounter awful challenges that can sometimes even send them broke. But experts remind us that all the massive S&P/ASX 100 [XTO] (ASX: XTO) companies were once small caps.

Earlier this week, Australian Ethical head of domestic equities Mike Murray revealed the 2 small caps he thought might grow into big dogs.

Now it's Perpetual portfolio manager Nathan Hughes' turn. Here are 3 ASX shares that he recently picked out.

ASX share that has 'done tremendously well'

In a recent Livewire video, Hughes said he admired what retailer Premier Investments Limited (ASX: PMV) has navigated through during the COVID-19 pandemic.

"It's a company that's done tremendously well, rolling out Smiggle and…
Tony Yoo
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