Seeks differentiated alpha from world-leading quality US companies
Investment Approach
Purist quality philosophy with strong valuation discipline, consistently applied over the long term
Investment Opportunity
Differentiated alpha from world-leading quality US companies
Investment Universe
Invests in equities either listed or domiciled in the United States of America
Target Return
Outperform the performance comparison index (net of fees) over a full market cycle
Seeks to provide long-term outperformance with resilience in challenging economic environments
Concentrated, high conviction, high active share portfolio of quality US equities
Seeks to invest in best-of-breed quality companies that sustain high returns over the long term
Invests in companies with high R&D spend and provides exposure to key long-term themes
The portfolio invests in a relatively small number of individual holdings. This may mean wider fluctuations in value than more broadly invested portfolios.
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.
Investing in foreign securities may be subject to risks pertaining to overseas jurisdictions and markets, including (but not limited to) local liquidity, macroeconomic, political, tax, settlement risks and currency fluctuations.
Investments may be primarily concentrated in specific countries, geographical regions and/or industry sectors. This may mean that, in certain market conditions, the value of the portfolio may decrease whilst more broadly-invested portfolios might grow.