The fund aims to achieve absolute returns with moderate risk. It invests in OECD country companies of the highest quality, with proven track records, sound financials and predictable future earnings growth.

The fund is actively managed and the MSCI World TR Index is the benchmark index against which the fund’s performance is compared. While a proportion of the fund’s assets may be components of (and have similar weightings to the index), the Investment Manager may use its discretion to invest a significant proportion of the fund in assets which are not included in the benchmark index or with weightings different to that of the benchmark index.

Investment philosophy

Fund information

Fund size:

2,184musd

IA Sector:

Global

Launch date:

15.01.96

Legal status:

UCITS

Click below to filter the graph

Time periodFund performanceMSCI World TRDifference
1M-5.12%-1.98%-3.14%
3M-1.78%2.45%-4.23%
2024 YTD1.43%16.50%-15.07%
1Y16.25%33.68%-17.43%
3Y-8.52%20.40%-28.92%
5Y54.63%76.45%-21.82%
10Y204.26%154.31%+49.95%
Since Launch435.49%293.47%+142.02%
CAGR 3Y-2.91%6.35%-9.26%
CAGR 5Y9.07%11.98%-2.91%
CAGR 10Y11.73%9.75%+1.98%
CAGR Since Launch9.55%7.73%+1.82%

Source: FactSet, USD U I share class, net of fees, as at 31 October 2024.

 

Risks of investing in the Fund

The Fund is subject to the following Risk Factors (without limitation):

  • The market price of shares may go down as well as up.
  • Investing in the fund involves investment risks, including possible loss of the amount invested.
  • Hedging risk: the fund may use derivatives for currency hedging purposes. The use of such derivatives may be unsuccessful. Further, when used for hedging purposes there may be an imperfect correlation between these instruments and the investments or market sectors being hedged.
  • For a more detailed explanation of the risks involved, please see “Risk Factors” in the fund’s prospectus.

Portfolio analytics & data

Categories Data  
% of portfolio with less than 5% involvement in oil & gas 100.0%  
Scope 1 emissions (Avg) 57,366  
Scope 2 emissions (Avg) 1,006,974  
% of portfolio with no evidence of labour relations controversies 85.7%  
% of portfolio with controversial weapons usage 0.0%  
% of portfolio with tobacco involvement 0.0%  
% of board independent 74.6%  
Categories Data  
Number of holdings 21  
12-month forward PE 31.5x  
Fund FCF yield (2024) 2.9%  
Weighted market capitalisation ($bn) 460  
Net debt / EBITDA (2024) -0.5x  
Return on invested capital (2024) 23.6%  
FCF / net profit (2024) 109%  
Weighted EPS growth (2024-26) 12.3% p.a.  

Source: FactSet, Sustainalytics & Seilern Investment Management Ltd.  All figures calculated as the median, as at 31 October 2024.

Share classes

Do you have a question?

If you’d like to learn more about our funds or our quality growth investment philosophy, reach out to our team.

What type of investor are you?