The Fund is a conviction driven long-only portfolio of Global companies, that normally has been 35-55 stocks in.
The Fund follows a bottom up process focussing on quality and value. The Fund exploits market inefficiency by investing for the long-term in underappreciated companies. By applying a demanding and consistently applied screening and valuation process we ensure only those businesses with the best long-term potential are selected for the portfolio. We believe that price matters most; buying these companies at the right price – below their intrinsic worth – will produce investment outperformance over time.
The portfolio will be invested primarily in transferable securities and will be structured by employing a strict cash flow based valuation criteria, focusing on the medium to long-term horizon. Equity investments will consist predominantly the of top 250 constituents of the MSCI World Index, however, it is not restricted to this subset of the investment universe.