Bestinvest says
The fund's 4 star rating was removed in December 2011 following the departure of manager Jeremy Podger to Fidelity.
The fund aims to achieve above average capital growth through a portfolio of international equities. The bulk of the portfolio is chosen from a “core list” of around 300 stocks which represent the best ideas of Threadneedle's regional research desks. Threadneedle's global equity team aim to place these stocks in a global context through their own research. This is carried out on a sector basis and includes meeting company management and building their own models, with a focus on normalised accounting measures. Each member of the global team has regional responsibilities and will liaise with the regional team covering their geographic area. Around 85% of the portfolio is taken from the core list with the remainder selected on a discretionary basis by the fund manager, though he is limited to stocks that have been researched in house. The manager claims to take a dynamic approach to style and in the past has moved between growth and value.