Seeks to invest in high-quality companies outside the US that can grow earnings faster than the market on a sustainable basis, while also being sensible priced.
Many industry leaders are located in non-US markets, such as European luxury and professional services companies; multinational companies can provide additional ways to access US growth.
Adding non-US exposure to a portfolio of domestic stocks may reduce overall portfolio volatility and can act as a potential hedge to country and currency risk.
Investigative analysts work alongside fundamental analysts to help identify trends ahead of the market, avoid potentially costly mistakes, and use new perspectives to test investment rationales.
Quality attributes, such as pricing power and barriers to entry, can lead to more predictable earnings that compound over time and help provide downside management. Learn about our distinct approach to quality.
Draw on more than four decades of experience managing clients’ assets to make informed judgements about the future; focus on identifying business models that are truly durable in a changing world.
Contact us to discover how our International Equity approach may help meet your investment needs.
Disclaimer: Diversification does not ensure a profit or protection against loss.
1. Vontobel International Equity Strategy composite was created on January 1, 1994, and incepted on August 1, 1990.
Source: Vontobel. All results portrayed are expressed in U.S. dollars. Periods under one year are not annualized. Past performance is not necessarily indicative of future results.
The composite‘s gross rates of return are presented before the deduction of investment management fees, other investment-related fees, and after the deduction of foreign withholding taxes, brokerage commissions and transaction costs. An investor’s actual return will be reduced by investment advisory fees. The composite‘s net rates of return are presented after the deduction of investment management fees, brokerage commissions, transaction costs, other investment-related fees and foreign withholding taxes. Results portrayed reflect the reinvestment of dividends and other earnings. The comparison to an index is provided for informational purposes only and should not be used as the basis for making an investment decision. There may be significant differences between the composite and the index, including but not limited to the risk profile, liquidity, volatility and asset composition. The S&P 500 Index is an unmanaged index consisting of securities listed on exchanges in the U.S. The index is calculated on a total return basis with dividends reinvested, but does not reflect fees, brokerage commissions or other investment expenses.
Data as of 12-31-2024
| Vontobel International | |
|---|---|
| Capitalization (US$ bn), weighted avg | 152.0 |
| P/E - Forecast 12-month, weighted harmonic avg | 26.4 |
| Dividend Yield (%) | 1.0 |
| 5 Yr Historical EPS Growth (%) | 13.3 |
| Return on Equity, weighted avg (%) | 18.2 |
| Vontobel International | |
|---|---|
| Annualized Alpha | 2.2 |
| Beta | 0.9 |
| Sharpe Ratio | 0.2 |
| Annualized Standard Deviation | 17.5 |
| % | |
|---|---|
| Constellation Software Inc. | 5.4 |
| London Stock Exchange Group plc | 5.1 |
| SAP SE | 5.0 |
| Mastercard Incorporated | 4.7 |
| RB Global, Inc. | 4.6 |
| Taiwan Semiconductor Manufacturing Company Limited | 4.2 |
| Halma plc | 4.2 |
| Taiwan Semiconductor Manufacturing Company Limited | 3.3 |
| Aon plc | 3.8 |
| Galderma Group AG | 3.7 |
| Tencent Holdings Limited | 3.6 |
| % in Top 10 Holdings | 44.2 |
Source: FactSet.
1 Based on a representative portfolio and shown as supplemental information to the composite presentation. Other accounts contained in the composite could have materially different statistics. The basis for which the representative portfolio was selected is that the portfolio is the oldest and most representative account. The securities identified and described do not represent all of the securities purchased, sold or recommended for client accounts. The reader should not assume that an investment in the securities identified was or will be profitable.
2 Based on gross performance of the U.S. Equity Composite. The composite‘s gross rates of return are presented before the deduction of investment management fees, other investment-related fees, and after the deduction of foreign withholding taxes, brokerage commissions and transaction costs. An investor’s actual return will be reduced by investment advisory fees.
3 The top 10 holdings are based on a representative portfolio, and are shown as supplemental information to the International Equity Composite. The securities identified and described do not represent all of the securities purchased, sold or recommended for client accounts. The reader should not assume that an investment in the securities identified was or will be profitable.
Data as of 12-31-2024
Source: FactSet. Data is based on a representative portfolio and shown as supplemental information to the composite presentation. Other accounts contained in the composite could have materially different statistics. The basis for which the representative portfolio was selected is that the portfolio is the oldest and most representative account.
The index comparisons in this presentation are provided for informational purposes only and should not be used as the basis for making an investment decision. Further, the performance of the composite and the Index may not be comparable. There are significant differences between the composite and the indices referenced, including, but not limited to, risk profile, liquidity, volatility and asset composition. Please note that an investor cannot invest directly in an index.
Investments discussed in the presentation is based on a representative portfolio and there is no assurance that Vontobel will make any investments with the same or similar characteristics as the representative portfolio presented. The representative portfolio is presented for discussion purposes only and is not a reliable indicator of the performance or investment profile of the composite.
Any projections contained in this presentation are based on a variety of estimates and assumptions. There can be no assurance that the assumptions made in connection with the projections will prove accurate, and actual results may differ materially. The inclusion of projections should not be regarded as an indication that Vontobel considers the projections to be a reliable prediction of future events and projections should not be relied upon as such. This disclaimer applies to this presentation and the oral or written comments of any person presenting it.
The inclusion in the composite of the performance of wrap accounts and private client assets could result in a material difference in the performance returns. There can be no assurance that investment objectives will be achieved. Clients must be prepared to bear risk of a total loss of their investment.
Due to a varying frequency of the fees being paid and associated compounding effects, the actual difference between gross and net returns may differ from the stated annual fee. For example, on an account with a 0.50% fee, continuous monthly gross performance of 1.50% and the fees being deducted monthly, the compounding effect will result in an annual gross return of 19.56% and a net return of 18.97%. Thus, a $10,000 initial investment would grow to approximately $14,295 gross of fees, versus $14,155 net of fees, over a two-year period. Effective January 2016, the net-of-fees rates of return are calculated based on the fee schedule. All net returns that were previously calculated on a cash basis are linked to the returns being calculated under the new methodology, reflecting daily accrual of fees.
Vontobel Asset Management, Inc. (“Vontobel”) is registered with the U.S. Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940, as amended, in the USA. Registration as an Investment Advisor with the U.S. Securities and Exchange Commission does not imply a certain level of skill or expertise. Vontobel is exempt from the requirements to hold an Australian Financial Services License under the Corporations Act in respect of the financial services it provides to Australian wholesale clients under ASIC Class Order CO 03/1100. Vontobel is regulated by the US Securities and Exchange Commission under US laws, which differ from Australian laws.
