Invests in US equities with growth characteristics.
Prices as at 10 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
|Dividends paid||Acc units only|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||0.75%|
|Ongoing Charges Figure||0.85%|
The initial universe is US-listed companies above $2.5bn in size and those in the Russell 1000 Growth index. The manager prefers companies with sustainable growth characteristics and superior return on invested capital. The portfolio has 3 parts: •Elite growth – companies with above average returns on capital and growth rates that may be undervalued by the market as they appear expensive using traditional valuation metrics. •Classic growth – mature, well researched companies that are typically fairly priced but can become undervalued during market volatility. •Cyclicals – companies achieving high growth due to the stage of the economic cycle (typically not more than 10% of the portfolio). Key to the investment process is intensive company research which concludes with specific upside and downside price targets for each stock – these are based on the analysts’ best and worst case scenarios for each company. The manager selects stocks based on maximum upside and minimal downside risk, whilst taking into account diversification targets. He has rigorous buy and sell disciplines which means that holdings are actively traded: trimming and adding to positions as stock prices move up and down within his target range.
Past performance is not a guide to future performance. View full risk warning