INVESTMENT OBJECTIVE
The Fund aims to achieve above average long-term capital growth, in excess of long-term capital growth that is typically achieved from global equity markets. The Fund will invest principally in a concentrated portfolio of global securities with a bias to those companies that have developed strong franchises and competitive advantages. These companies will typically operate in markets that the Investment Manager believes will offer sustainably high levels of growth.
ABOUT THIS FUND
A global select fund seeking to grow capital by investing with conviction in companies worldwide where the portfolio managers believe the market underestimates free cash flow growth. The Fund considers both growth and value criteria as it seeks to deliver strong risk-adjusted returns over the long term, regardless of prevailing market conditions.
Flexible Global All-Cap Equities
The portfolio managers have the flexibility to invest in 40 to 65 companies across the globe, market cap, and style spectrum where free cash flow growth is believed to be underestimated by the market. The portfolio managers search for growing companies and attractive valuations.
Differentiated Insights
The intersection of independent viewpoints and differentiated perspectives between the portfolio managers and research analysts should lead to greater and more consistent excess returns over time.
Exacting Portfolio Construction
Taking a prudent approach to portfolio construction and risk management, the portfolio managers aim to drive superior risk-adjusted returns over the full market cycle through stock selection in an effort to avoid persistent biases.
