VERITAS GLOBAL FOCUS A GBP

  • 4920.00p Price (Inc)
  • - Price (Acc)
  • 0.00% 0.00%

    Initial charge
  • 1.00% Annual management charge
  • 1.15% Ongoing charges
  • 0.10% Yield

Fund data last updated 15 November 2019

The fund is designed for long term investors who wish to build capital over a number of years through investment in a focused portfolio of global companies. Investing for absolute returns, over rolling five year time periods the fund aims to achieve returns of OECD G7 inflation plus 6% per annum and to exceed the MSCI World Index. The manager is benchmark agnostic with regional and sector exposures determined primarily by bottom up stock selection.

Fund summary

Sector Global
Structure OFFSHORE FUND
Launched
Size £2,639m
Yield 0.10%
Charging basis Capital
Dividends paid n/a

Charges

Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.15%

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Investment process

This fund launched on 31 July 2001 and targets capital growth from a concentrated portfolio of equities. The fund invests worldwide, but will focus primarily on developed markets. Experienced manager Andrew Headley focuses on identifying and analysing high quality companies with sustainable competitive advantages. The manager employs a number of methods to identify such companies, one of which is the use of themes which allows to narrow down the universe of companies for further analysis. The manager is benchmark agnostic and will hold a focused portfolio of circa 30-40 companies.

This fund launched on 31 July 2001 and targets capital growth from a concentrated portfolio of equities. The fund invests worldwide, but will focus primarily on developed markets. Experienced manager Andrew Headley focuses on identifying and analysing quality companies with sustainable competitive advantages. The bulk of the fund’s outperformance has been delivered in more modestly rising or declining markets.

Manager research

Average monthly relative returns

Bestinvest MRI

14/15 15/16 16/17 17/18 18/19 3 years 5 years Career 3 years 5 years Career
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Portfolio

30-40 companies. Manager is benchmark agnostic.

Key Investor Documents

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