Global homepage Investec Global Franchise Fund
The Fund aims to provide an attractive level of growth by investing in companies which, we believe, are high quality and typically associated with being world leaders in their field.
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Fund highlights
Seeks consistency in an uncertain world
The Investec Global Franchise Fund takes a differentiated approach to investing in companies with strong franchises. The Fund:
- Invests in world leading companies from around the globe, many of which have long trading histories.
- Is a high-conviction portfolio of 25–401 stocks of companies which typically have high customer loyalty, strong brands, low debt and are more resilient in times of economic uncertainty.
- Avoids capital intensive and/or leveraged businesses so holds no resource stocks, utilities or banks.
- Seeks long term outperformance2, with lower volatility.
- Is managed by an experienced team with a long history of employing the Quality investment style.
1This is an internal parameter and subject to change without prior notification to investors.
2Versus MSCI AC World NDR.
Investment Objective
The Investec Global Franchise Fund (the “Fund”) seeks long-term capital growth.
Principal Investment Strategies
Under normal circumstances, the Adviser seeks to achieve the Fund’s investment objective by investing primarily in common stocks of large capitalization companies that the Adviser believes have strong global brands or franchises.
Under normal circumstances, the Fund invests in at least three countries, including the U.S., and invests at least 40% of its total assets in securities of non-U.S. companies. The Fund considers a company to be a non-U.S. company if: (i) at least 50% of the company’s assets are located outside of the U.S.; (ii) at least 50% of the company’s revenue is generated outside of the U.S.; (iii) the company is organized or maintains its principal place of business outside of the U.S.; or (iv) the company’s securities are traded principally outside of the U.S.
In selecting investments to buy for the Fund, the Adviser uses a fundamental research process to seek to identify attractively valued companies with what it believes are the best combination of quality, growth and yield. The Adviser seeks to maintain a portfolio with below average risk, and may sell a stock if the investment case is no longer valid, the stock reaches its fair value or the Adviser identifies a better risk-adjusted investment opportunity.
The Fund is classified as “non-diversified”, which means that it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.
The Fund seeks long-term capital growth.
We believe the Investec Global Franchise Fund has the right attributes to withstand most economic conditions. In managing the Fund we will seek long-term outperformance by striving to achieve:
- Meaningful participation in up markets
- Smaller draw downs in down markets
Why Investec Asset Management for Global Franchise?
- Established in South Africa in 1991, we have been built from a small start-up into an international business, managing US$140.6 billion, including approximately US$62.0 billion in equity strategies (as at December 31, 2017).
- Clyde Rossouw has, over the last ten years, successfully managed money investing in franchise companies.
- He is part of a globally integrated team of 21 investment professionals each with specialist research experience.
Clyde Rossouw
Portfolio Manager
Fund facts
| Launch date | 12.11.2017 |
|---|---|
| Ticker |
ZGFIX |
| CUSIP | 00771X112 |
| Past performance comparison index | MSCI AC World net return |
Important information
Carefully consider the Fund’s investment objectives, risk, and charges and expenses before investing. This and other information can be found in the Fund’s prospectus which can be obtained by calling 1-800-434-5623. Please read the prospectus carefully before investing.
The Fund is distributed by SEI Investments Distribution Co., 1 Freedom Valley Dr., Oaks, PA 19456., which is not affiliated with Investec Asset Management or any of its affiliates.
Investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. The fund is non-diversified.