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Loomis Sayles US Equity Leaders I/A (GBP)

Bestinvest LogoTargets capital growth by investing primarily in large US companies.

PRICE (INC)

362.61p

PRICE (ACC)

362.61p

INITIAL CHARGE

1%

ANNUAL MANAGEMENT CHARGE

0.8%

ONGOING CHARGE

0.8%

YIELD

0%

1 YEAR
-6.24%

Prices as at 01 Jul 2022.

Fund commentary last updated 06 Oct 2021.

Past performance is not an indication of future performance.

Capital at risk.

The actively managed fund seeks to gain from the long-term capital growth of large US-based companies. Manager Aziz Hamzaogullari invests in US equities which can produce long-term profit growth and trade at a significant discount to their intrinsic value. Its holdings include social media giant Facebook and gaming technology group Nvidia. Hamzaogullari and his Boston-based team of analysts take an active, bottom-up investment approach, looking at a stock’s individual strengths including sustainable competitive advantages. They invest in around 40 stocks and look to hold them for many years to take advantage of their growth. Most stocks are valued at over $50billion.

Fund summary

SectorNorth America
StructureOEIC
LaunchedJune 2013
Size£1,002m
Yield0%
Charging BasisIncome
Dividends paidAcc units only

Charges

Standard Initial Charge1%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.8%
Ongoing Charges Figure0.8%

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 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 stock weightings will typically be built up to 2.5% to 5% and allowed to grow to 8%. The managers will trim or add to the positions based on valuation. The fund’s main exposure is to the information technology and communication services sectors, but the team try to limit this risk by owning a mixture of both new and old systems and processes.

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