Bestinvest says
The fund is run on a flexible basis and concentrates on any particular country or sector but invests from a broad range of stocks without regard to market capitalisation. Resolution use a quantitative screening system called JASON that ranks the universe of investigable stocks from 1 to 500 for each of the four metric screening factors: value, momentum, growth and quality. This process is used for idea generation and seeks to identify mis-priced opportunities. The subsequent portfolio is based on the managers qualitative assessment of, rather than macro, data. The fund may invest in companies that are headquartered outside Europe but generate income within the continent. For liquidity purposes the fund may also invest in American and Global depository receipts.
The investment objective of the Fund is to achieve long-term capital growth.The investment policy of the Fund is to invest predominantly in a concentrated portfolio of approximately 30-50 stocks of companies incorporated in Europe including the United Kingdom. The Fund will be actively managed with its investments spread across the region with a focus on companies with above-average growth prospects. The Fund is not constrained by any index weightings and does not concentrate on any particular country or
sector but invests from a broad range of stocks without regard to market capitalisation.
The Fund may also invest in companies that are headquartered or quoted outside of Europe which derive a predominant part of their business from Europe and whose securities are listed or traded on a Recognised Market. To aid diversification, the Fund may also
invest up to 20% of its net assets in companies that are headquartered or quoted in Israel and whose securities are listed or traded on a Recognised Market.
The Fund may invest in European emerging markets. As a general aid to liquidity, the Fund also has the ability to invest in assets such as American Depositary Receipts and Global Depositary Receipts listed or traded on a Recognised Market in the US and
Europe.