GSF

Global Franchise

Morningstar Rating™

3

Objective

Investment objective summary

  • The Fund aims to provide capital growth (i.e. to grow the value of your investment), with opportunity for income over the long-term.
      • The Fund invests primarily in equities (e.g. shares of companies) around the world.
      • The Fund will be actively managed. The Investment Manager will have full discretion in its choice of companies either by size or industry, or in terms of the geographical make-up of the portfolio.
      • The Fund promotes environmental and social characteristics in line with Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). The Fund will not invest in certain sectors or investments. Over time, the Investment Manager may, in accordance with the Fund’s investment policy, apply additional exclusions to be disclosed on the website, as they are implemented.

      Fund features

      • Seeking greater certainty in an uncertain world
      Clyde Rossouw
      Head of Quality
      Abrie Pretorius
      Portfolio Manager
      Elias Erickson
      Portfolio Manager
      Paul Vincent
      Portfolio Manager

      Performance & returns

      Literature & factsheets

      Portfolio & Holdings

      Date as of 30/04/2026
      Fund
      Index
      United States
      68.7
      Europe ex UK
      18
      United Kingdom
      5.2
      Emerging Markets
      3.7
      Far East ex Japan
      2
      Japan
      Other
      1.4
      Cash
      1

      Important information

      The information, views and opinions provided are general in nature, for informational purposes only, and should not be construed as advice.

      No action should be taken without appropriate professional guidance. We do not act as advisors or in a fiduciary capacity.

      While we strive for accuracy and timeliness, we make no guarantees as to completeness or correctness and are not obliged to update the information.

      This material does not constitute a full summary of the risks associated with any product, fund, service or strategy.

      Relevant risk disclosures are available in the applicable documents, which can be requested free of charge.

      For details on specific funds, please refer to the relevant fact sheets.

      For mandatory disclosures about this investment, further important information on indices, fund ratings, yields, targeted or projected performance returns, back tested results, model return results, hypothetical performance returns, the investment team, the investment process and specific portfolio names, please click here.

      • The Fund’s investment in equity could be volatile and subject to high risk of loss. The Fund invests in a concentrated portfolio which can be more volatile than more broadly diversified portfolios.
      • The Fund may use derivatives for hedging and/or efficient portfolio management purposes and may be exposed to significant risk of loss when the use becomes ineffective.
      • The Inc-2 Share Classes may at the Director’s discretion pay dividends gross of expense and therefore may effectively pay dividend out of capital. IRD Share Class at the Director’s discretion pay dividend gross of expense or from its capital. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. This may result in an immediate reduction of the net asset value per Share.
      • IRD Share Class, Reference Currency Hedged Share Class and Portfolio Currency Hedged Share Class (“PCHSC”) may be subject to risks arising from uncertainty in interest rate and foreign exchange.
      • In adverse situations, the Fund may suffer significant losses. It is possible that the original amount you invested could be lost.
      • Investors should not solely rely on this document to make investment decisions.