Fund Objective

The Fund aims to provide long-term capital growth.

View on Past Performance

Strategy focused on providing investors with access to the capital growth and income potential of European equities through a concentrated portfolio of high conviction ideas. We adopt an approach blending the identification of long-term themes with detailed bottom-up company assessment.

Future Expectations

It remains a challenging time for investors with many focusing on short-term concerns - an unsurprising stance given lack of clarity as to the full extent of the financial crisis and economic slowdown on individual firms. For those with a longer-term perspective however we believe that there is significant scope for quality companies to enjoy an upward rating when investors eventually come to reassess their real potential.From our perspective the financials sector contains a number of such opportunities particularly when considered against highly valued sectors like the resources which look vulnerable against a backdrop of slowing economic growth. The portfolio is currently overweight financials including positions in Svenska Handelsbanken and ING Group - both of which are well capitalised, attractively valued and have secure dividends.

Fund Details