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Loomis Sayles Global Growth Equity S2/A GBP

Bestinvest LogoInvests in a focused portfolio of international equities offering long-term growth.

PRICE (INC)

12911p

PRICE (ACC)

12911p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.4%

ONGOING CHARGE

0.4%

YIELD

0%

1 YEAR
-11.88%

Prices as at 10 Aug 2022.

Fund commentary last updated 05 Oct 2021.

Past performance is not an indication of future performance.

Capital at risk.

The fund seeks to produce long-term, excess returns against the MSCI All Country World Index over at least a five-year cycle. Manager Aziz Hamzaogullari invests in a focused portfolio of large-cap companies which he believes will produce long-term profit growth and are trading at a significant discount to their intrinsic value. Hamzaogullari and his team take an active, bottom-up investment approach, looking at a company's individual strengths including sustainable competitive advantages. Once invested he looks to hold stocks for many years to take advantage of their growth. The portfolio mostly consists of stocks from developed nations such as the US but also Emerging Markets primarily China. Its holdings include E-commerce giant Amazon, and Kit-Kat maker Nestle.

Fund summary

SectorGlobal
StructureOFFSHORE FUND
LaunchedSeptember 2019
Size£559m
Yield0%
Charging BasisIncome
Dividends paidAcc units only

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.4%
Ongoing Charges Figure0.4%

Investment Process

Hamzaogullari takes a long-term investment perspective, avoiding what he views as ‘short-sighted’ biases such as the market’s herd mentality which can overshadow company fundamentals. He believes that only 1% of global businesses have long-term sustainable growth potential and that a thorough research process is needed to identify those that are trading below their intrinsic value. Hamzaogullari has developed a seven-stage investment process based around quality, growth and valuation, to help him and his team do this. The first four steps focus on quality including looking at a company’s barriers to entry, cashflow generation and long-term shareholder orientated owners. They then looks at growth drivers for the business over a 10 year plus period and its intrinsic value range. The detailed stock reports that emerge from this process can be over 80 pages long, but it helps the team cut its investable universe down from around 150 companies to 30 or 40 in the portfolio. The stock weightings will typically be built up to 2.5% to 5% and allowed to grow to 8%. They will trim or add to the positions based on valuation. The fund’s main exposure is to the technology sector, but the team try to limit this risk by owning a mixture of both the new and old.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning