Because in a world of change you want reliability.
Global Franchise Fund has a differentiated approach to investing in quality companies. It has a long-term investment horizon investing in world leading companies from around the globe, many of which have long trading histories, strong brands and superior competitive advantages.
We believe the Fund has the right attributes to withstand most economic conditions with an established track record of providing meaningful participation in up markets and smaller drawdowns in down markets at a lower volatility. It seeks to reduce uncertainty in an uncertain world.
Changes in the relative values of different currencies may adversely affect the value of investments and any related income.
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.
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.