Global Franchise Strategy

This strategy 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.

Clyde Rossouw

Strategy overview

Our portfolio is built from the bottom-up with a long-term focus, targeting cash-generative companies able to sustain high returns on invested capital. The long-term strength of a company’s business model and the sustainability of its competitive advantage form an integral part of our bottom-up analysis.
Avoiding capital losses is just as important as achieving gains when it comes to generating sustainable long-term returns. So, we seek resilient companies that have defensive characteristics.

Global Franchise explained

Portfolio Manager Clyde Rossouw introduces the Global Franchise strategy and explains the investment process.

As active investors, we have the ability to manage downside risks, while still participating meaningfully in up markets.

Investment approach

01

We invest in world-leading companies with enduring competitive advantages, strong management teams, superior margins and a focus on capital re-investment.

02

This is a high-conviction portfolio of primarily investment-grade companies, with high customer loyalty, strong brands, low debt levels and healthy balance sheets.

03

We adjust exposure to maximise downside protection and participate meaningfully in rising markets.

04

We manage valuation risk by investing in quality companies at reasonable prices.

Portfolio manager

Clyde Rossouw
Head of Quality

Downloads

No results found

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.