Why invest?
Our Global Equity Fund is an actively managed, concentrated portfolio covering both developed and emerging markets. Our approach is based on returns being driven by a long-term investment in companies with relatively stable and predictable earnings growth that can be sustained for extended periods of time. The strategy draws on the expertise of our exclusive 19 strong investment team. ESG is integral to our approach given our focus on relatively stable and predictable ‘quality’ earnings growth combined with long-term holding periods. The fund seeks to promote environmental and social characteristics by employing an exclusion screen, as well as a number of safeguards, and evaluating all investments against sustainability criteria while also providing governance oversight. Additionally, the fund follows an active stewardship strategy through direct engagements with companies and a voting policy to support the goals of the investment style. While the strategy is benchmark agnostic, performance is shown relative to the MSCI All Country World Index.
Key Features
- Clearly defined bottom-up approach that aims to identify the best investment opportunities around the world and seeks to promote environmental and social characteristics
- Designed to participate in rising markets and protect capital during declining markets
- Long-term track record with lower risk than the market
“We remain sharply focused on solid businesses that are not dependent on a strong economy and we steer clear of highly-cyclical, heavily-indebted companies. This requires unrelenting discipline and a defensive posture, both when it looks like the sky is the limit and when the bottom is dropping out.”
Investment process
Continuous five-step investment process
- Concentrate on business analysis (bottom-up approach)
- Seek high quality growth at sensible prices
- High conviction portfolio
- Benchmark unconstrained
- Long-term focus
Investment opportunity
Investing beyond your borders can help result in attractive performance in the longer run. Here are two reasons why:
The globalization of company revenues
Global companies aren’t bound by geography – not in where they are headquartered, nor in where they derive their income – and reflect an opportunity set for investors that is meaningfully distributed across major regions.
The shifting of regional and country performance
It is impossible to predict which regions or countries will outperform in any given year. Global diversification provides investors exposure through the long-term ups and downs of different markets. In fact, over the past 15 years, no single region consistently claimed top performance, as bull markets have historically alternated among geographies.
Investment team
- 19 investment professionals averaging 20+ years industry experience; includes 3 investigative analysts that help quantify risk
- Managing the Vontobel Fund – Global Equity for 20 years
- Research analysts with diverse backgrounds and on-the-ground coverage
