MORGAN STANLEY GLOBAL QUALITY Z USD GBP
A concentrated, unconstrained portfolio of global equities, held for the long term.
PRICE (INC)
5143p
PRICE (ACC)
6041p
INITIAL CHARGE
0%
ANNUAL MANAGEMENT CHARGE
0.75%
ONGOING CHARGE
0.86%
YIELD
0.6%
1 YEAR
4.80%Prices as at 06 Dec 2023.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Fund summary
Sector | Global |
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Structure | OFFSHORE FUND |
Launched | August 2013 |
Size | £1,722m |
Yield | 0.6% |
Dividends paid | Jan, July |
Charges
Standard Initial Charge | 0% |
---|---|
Initial Charge Via BestInvest | 0% |
Additional Bid/Offer Spread | 0% |
Annual Management Charge | 0.75% |
Ongoing Charges Figure | 0.86% |
Investment Process
The fund aims to achieve long-term total return through investment principally in equity securities of companies in the world's developed countries. The fund focuses primarily on companies characterised as high quality due to an ability to compound their intrinsic value, and those able to demonstrate a strong and sustainable competitive advantage, robust intangible assets including brands and distribution networks, high return on operating capital and experienced management teams. To arrive at the fund's investible universe, the team applies a number of screens including consistent sales growth, stable margins and sustainable cross-cycle return on capital. The process allows moderate cyclicality and is less prescriptive with regard to capital intensity with no strict dividend yield requirement at the stock level, unlike the Global Franchise strategy. The team is benchmark agnostic and will typically look to allocate the fund's capital across 35-55 companies.
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