Objective

Investment objective summary

  • The Fund aims to provide long-term capital growth primarily through investment in shares of companies around the world that are believed to offer above average opportunities for capital gains.
Mark Breedon
Portfolio Manager
Rhynhardt Roodt
Portfolio Manager
Dan Hanbury
Portfolio Manager

Performance & returns

Key facts

  • Domicile

    Luxembourg
  • ISIN

    LU0345770993
  • Risk profile

    5
  • SEDOL

    B2PT436
  • CUSIP

    L5447M629
  • Bloomberg code

    GUIGPRI LX
  • Benchmark

    MSCI AC World Net Return (MSCI World Net Return pre 01/01/2011)
  • Morningstar category sector

    Global Large-Cap Blend Equity
  • Fund inception date

    06/04/1994
  • Share class inception date

    06/04/1994
  • Minimum investment

    USD3,000 / equivalent approved currency
  • Valuation point

    16:00 New York Time (forward pricing)
  • Ninety One Sustainability Classification

    ESG Integration

Portfolio & Holdings

Date as of 31/08/2023
Index
Fund
United States
62.7
Emerging Markets
10.3
Europe ex UK
12.3
United Kingdom
3.5
Far East ex Japan
2.7
Japan
5.5
Other
3.0
Cash

Charges

Maximum initial charge %

5.00

Ongoing charge %

1.90
The Fund may incur further expenses (not included in the above Ongoing charge) as permitted by the Prospectus.

Specific fund risks

Concentrated portfolio

The portfolio invests in a relatively small number of individual holdings. This may mean wider fluctuations in value than more broadly invested portfolios.

Currency exchange

Changes in the relative values of different currencies may adversely affect the value of investments and any related income.

Derivatives

The use of derivatives is not intended to increase the overall level of risk. However, the use of derivatives may still lead to large changes in value and includes the potential for large financial loss. A counterparty to a derivative transaction may fail to meet its obligations which may also lead to a financial loss.

Emerging market (inc. China)

These markets carry a higher risk of financial loss than more developed markets as they may have less developed legal, political, economic or other systems.

Equity investment

The value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. insolvency), the owners of their equity rank last in terms of any financial payment from that company.

Distributions & Yields

Most recent distribution payments
Distribution amount
USD0.0545
Declaration Date
31 December 2019
Ex-distribution date
02 January 2020
Payable date
15 January 2020
Yield data as of 31/08/2023
Yield %
0.00

We recommend that you seek independent financial advice to ensure this Fund is suitable for your investment needs.

All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

It is not an invitation to make an investment nor does it constitute an offer for sale. Any decision to invest in the Fund should be made after reviewing the full offering documentation, including the Prospectus, which sets out the fund specific risks. Fund prices and English language copies of the Prospectus, annual and semi-annual Report & Accounts, Articles of Incorporation and where relevant, the local language copies of the Key Investor Information Documents (KIID) and Key Information Documents (KID), may be obtained from www.ninetyone.com.

Performance data source: © Morningstar, NAV based, (net of fees, excluding initial charges), total return, in the share class dealing currency. Performance would be lower had initial charges been included as an initial charge of up to 5% (10% for S shares) may be applied to your investment. This means that for an investment of $1,000, where the initial charge equals 5%, $950 ($900 for S shares) would actually be invested in the Fund. Returns to individual investors will vary in accordance with their personal tax status and tax domicile.

PRIIPs Performance scenarios and Risk Profile SRI data source: Broadridge Ireland Limited.

For a full description of the Morningstar rating for funds, please see the attached guide. A rating is not a recommendation to buy, sell or hold a fund.

The overall rating for a fund, often called the ‘star rating’, is a third party rating derived from a quantitative methodology that rates funds based on an enhanced Morningstar™ Risk-Adjusted Return measure. ‘Star ratings’ run from 1 star (lowest) to 5 stars (highest) and are reviewed at the end of every calendar month. The various funds are ranked by their Morningstar™ Risk-Adjusted Return scores and relevant stars are assigned. It is important to note that individual shareclasses of each fund are evaluated separately and their ratings may differ depending on the launch date, fees and expenses relevant to the shareclass. In order to achieve a rating the share class of a fund must have a minimum three-year performance track record.

The portfolio may change significantly over a short period of time. This is not a buy or sell recommendation for any particular security. Figures may not always sum to 100 due to rounding. 

For an explanation of statistical terms, please see our glossary.