Seeking value primarily in developed markets worldwide

The Fund invests primarily in common stocks of companies in developed countries located outside the United States and of companies in the United States. Normally, the Fund invests the majority of its total assets in companies that pay dividends or otherwise seek to return capital to shareholders, such as by repurchasing their shares.

The Fund may invest up to 25% of its total assets in companies located in emerging (less developed) markets. Under normal circumstances, the Fund will invest at least 40% of its total assets in companies located in a number of developed countries outside the United States. The Fund is not required to allocate its investments in any specific percentages in any particular countries. The Investment Manager determines the country where a company is located, and thus whether a company is located in a developed country, outside the United States or in an emerging market, by referring to: its stock exchange listing; where it is registered, organized or incorporated; where its headquarters are located; its MSCI Country Classification; where it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed; or where at least 50% of its assets are located. These categories are designed to identify investments that are tied economically to, and subject to the risks of, investing internationally or in emerging markets. The Fund considers a country to be an emerging market if the country is included in the MSCI Emerging Markets Index.

Please see the Prospectus and Supplement for more information. Please contact [email protected] for a Fund Application.

Nav*
£ 11.24
Inception
February 02, 2021
ISIN
IE00BJP5PN06
Benchmark
MSCI ACWI
Minimum investment
£1,000,000
Total expense ratio
0.67%
*As of June 14, 2021
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Strategy overview

The portfolio managers discuss our Global Value strategy.

Portfolio managers

Fundamental Portfolio Manager
Fundamental Portfolio Manager
President
Head of Fundamental Research
Fundamental Portfolio Manager
Chief Executive Officer
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager

Performance

Since inception
Fund 10.7%
MSCI ACWI 9.7%
Since inception
Fund 10.7%
MSCI ACWI 9.7%

Portfolio (as of May 31, 2021)

Benchmark: MSCI ACWI in GBP
Asset Allocation
Fund
Stocks 99.0%
Cash 1.0%
Fund Characteristics
Fund Benchmark
Holdings 53
Weighted avg. market cap (GBP £MM) £119,418 £0
FY2 price/earnings 14.8 0.0
Price/book value 2.3 0.0
Net assets £3,079,273.73 -
TOP 10 HOLDINGS
Security Country Percent
Alphabet Inc. United States 4.2%
Samsung Electronics Co., Ltd. South Korea 3.5%
Rolls-Royce Holdings Plc United Kingdom 3.2%
Novartis AG Switzerland 3.1%
Ashland Global Holdings, Inc. United States 3.0%
Essent Group United States 3.0%
Sanofi France 2.9%
Booking Holdings, Inc. United States 2.8%
Fiserv, Inc. United States 2.7%
Sabre Corp. United States 2.7%

A “weighted average” measures a characteristic by the market capitalization of each stock. Price/book ratio is the weighted average of the price/book ratios of all the stocks in a portfolio. The P/B ratio of a company is calculated by dividing the market price of its stock by the company’s per-share book value. The price/earnings ratio is the weighted average of the price/earnings ratios of the stocks in a portfolio. The FY2 P/E ratio is a forward P/E ratio using a next-twenty-four months EPS estimate in the denominator.

Holdings are subject to change.

SECTOR WEIGHTS
Sector Fund Benchmark
Information Technology 25.5% 0.0%
Industrials 14.1% 0.0%
Health Care 13.3% 0.0%
Financials 13.0% 0.0%
Communication Services 8.4% 0.0%
Consumer Discretionary 6.3% 0.0%
Materials 6.0% 0.0%
Utilities 5.1% 0.0%
Energy 2.6% 0.0%
Consumer Staples 1.5% 0.0%
Real Estate 1.3% 0.0%
TOP 10 COUNTRIES
Country Strategy Benchmark
United States 54.2% 0.0%
Switzerland 8.8% 0.0%
France 7.8% 0.0%
Germany 6.2% 0.0%
South Korea 6.1% 0.0%
Japan 5.0% 0.0%
United Kingdom 3.2% 0.0%
Italy 3.0% 0.0%
Canada 1.7% 0.0%
Spain 1.1% 0.0%
Regional Allocation
  • North America 55.4%
  • Europe – other 32.0%
  • Emerging Asia 6.1%
  • Pacific 5.4%
  • Emerging Latin America 0.1%

Documents

Fund information: