Global Leaders Equity Investments

Investment objective

The Ashburton Global Leaders Equity Fund and Global Leaders Equity Portfolio aims to provide sustainably compounding performance from global equity markets over the economic cycle on a total return over a long-term investment horizon.

Investment approach

The fund and portfolio adopts a long-term investment approach, unconstrained by traditional benchmarks, and is a concentrated focus on a selection of up to 25 ‘world class’ mega-caps which, over time, aim to deliver sustainable above average returns through the strength of their market position in an attractive industry.

Particular focus is given to ‘quality’, compounding stocks which are characterised by their ability to generate sustainably growing excess cash returns over their equity’s cost of capital, part of which is expected to be returned to shareholders. Other quality characteristics include management and balance sheet features, as well as a relatively predictable earnings profile.

The fund and portfolios focus on high-quality stocks, across a number of attractive industries, balances its high concentration, low turnover approach. The fund maintains minimum levels of diversification and liquidity risk management by adhering to the UCITS regulated fund framework.

The fund and portfolio is designed for investors wishing to participate in capital markets and may be most appropriate for investors with a long-term investment horizon, as losses may occur due to high market fluctuations

Sources of investment return

Our investment process reflects a long-term focus

global-leaders-updated-exposure-diagram

Portfolio construction

Long-term investment focus:

  • Ideally five years, with a minimum of three years
  • Limited turnover (<25% per year on average)
  • Unconstrained by benchmark
  • Significant tracking error (5-10%)

Focus on attractive industries:

  • Sustainable barriers to entry and oligopolistic market structure
  • Structural growth, pricing power and/or
  • Consolidation opportunities

Regional and industry exposures subject to risk management given economic/industry cycle considerations.

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*Not all products and services described in this document are available in all jurisdictions and some are available on a limited basis only due to local regulatory and legal requirements. The material contained herein is not intended for use by persons located in or resident in jurisdictions which restrict its distribution. Persons accessing this document are required to inform themselves about and observe any relevant restrictions.

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Want to find out more about this investment opportunity?

*Not all products and services described in this document are available in all jurisdictions and some are available on a limited basis only due to local regulatory and legal requirements. The material contained herein is not intended for use by persons located in or resident in jurisdictions which restrict its distribution. Persons accessing this document are required to inform themselves about and observe any relevant restrictions.

 

Global Leaders Equity Fund

 

A concentrated portfolio of the world’s most prominent companies, household names and industry leaders, designed to provide you with peace of mind.

When interest rates from bank accounts and bonds are so low, having prominent international equities can significantly improve your risk-adjusted returns over the long-term.

These are mega-cap businesses, each worth over US$20 billion, with a global presence and constituents of the major indices such as the FTSE, Dow Jones or Nikkei.

 


ISIN LU0923646821 Sedol B8DT4F2 Bloomberg AISGLRU LX
Currency US dollar Risk rating Moderate to high Domicile Luxembourg
Launch date 02/09/2013 Fund size 137.8600 m Dealing Daily
NAV 17.4488 Daily change -0.60% Price date 22/01/2021
Cumulative performance since 2013: 3.1%

Insights | Global Leaders Equity


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Company news
FSB approval for Global Leaders Equity Fund - 12 March 2014

FSB approval for Global Leaders Equity Fund - 12 March 2014 12 March 2014 Ashburton Investments