The fund's objective is to deliver long-term capital growth and aims to outperform its benchmark, the MSCI World Index, by 2 - 3% per annum over the medium to long-term.
We define Global Leaders as companies that have leading positions in their industries. We believe there are three defining characteristics of Global Leaders:
We assess the resilience of a business in the face of future adversities via criteria of financial, operational and cyclical leverage.
Staying ahead of the competition not only enables a company to become successful, but also remain successful.
Resilience plus adaptability, well-executed over time, lays the foundation for long-lasting durable success.
The Fund invests in select group of dominant companies with sustained leadership positions and higher profitability in their industry.
Relentless innovation sustains their leading positions and provides sustainably higher growth and profitability over time. These leaders of today can also be the most profitable companies of tomorrow.
Global Leaders present a compelling risk/reward opportunity as they consistently widen the gap with competitors. This can lead to significant share price outperformance over time.