MIRABAUD MIR GB - Fund overview

Portfolio

• Asset Allocation
• Equity Geographic
• Equity Capitalisation

Allocation		Proportion
	Equity	100%
	High yield bonds	–
	Quality bonds	–
	Property	–
	Commodities	–
	Hedge	–
	Fund cash	–

Allocation		Proportion
	UK	100%
	Europe	–
	Nth America	–
	Japan	–
	Pacific	–
	Other Equity	–

Allocation		Proportion
	Large Caps	81%
	Mid Caps	16%
	Small Caps	3%

View all performance data for MIRABAUD MIR GB

Investment process

Mirabaud describe themselves as aggressive stock pickers aiming to outperform through value-tilted stock selection. The main "hunting ground" for the portfolio is the bottom end of the FTSE 100 and the top end of the FTSE 250 making this a large cap orientated, concentrated portfolio. Mirabaud feel this allows for liquidity for transactions and scalability of process.
Company visits are of paramount importance to the process, although these are backed up by rigorous quantitative research. Companies that are preferred have the following criteria and are described by Mirabaud as having the following attributes: Castle, indicating a strong and secure business with a solid balance sheet and good management. Moat, which describes a sustainable, significant competitive advantage in terms of brand, patent or customer tie-in. Goldmine, which represents persistent, reliable cash and profit generation through strong profit margins and sizeable cash flow.