Investment objective

The Fund seeks to achieve over the long term a total return in excess of that of the MSCI World Index (with net dividends reinvested) through investment in a concentrated portfolio of equity securities of predominantly large companies, selected from all the major markets and to a lesser extent from some emerging markets, worldwide. The average market capitalization of companies represented within the Fund is likely to be more than US$20 billion. The approach is classic contrarian value, based on bottom-up fundamental research of individual companies.

Fund particulars

Launch date01 December 2005
Fund sizeUS$53.1m
DomicileUSA
StructureLLC
Base currencyUSD
DealingMonthly
Min. investmentUS$3,000,000
Management fees0.90% per annum
TER1.23% per annum
BenchmarkMSCI World

Portfolio managers

None

Andrew Goodwin

Portfolio Manager
None

Nigel Waller

Portfolio Manager

Global Equities Strategy

Latest publication

Bluish GrapesBluish Grapes

February 2019

Value First
Andrew Goodwin
Nigel Waller