Global Equity Fund

Investment Philosophy

The investment objective of the Global Equity Fund is long-term capital appreciation and income.  The Fund seeks to achieve its objective by identifying companies that have good growth prospects and is a prime position for capital appreciation.  The team uses bottom-up fundamental analysis to identify attractive securities, to create a concentrated low-turnover portfolio positioned to outperform its benchmark, the MSCI World Index on both a risk-adjusted.Security Selection Methodology

Investment Style:

  • Global All Cap

Market Cap Universe:

  • >$100MM

General Investment Mandate:

  • Long only
  • ADR ≤ 10%
  • No one security can account for >10% of the portfolio
  • Annual turnover ratio will be ≤ 50%, but, with the permission of the SIF instructor, can be >50%
  • Cash ≤ 10%
  • Sell if fraud is announced (or suspected)

Additional Concentration Guidelines:

  • Position weightings ≤ 10% at cost
  • Industry weights ≤ 20%
  • Sector weights ≤ 25%
  • Country weights (excluding US) ≤ 20%
  • Emerging markets ≤ 25% and emerging country weights ≤ 10%

Benchmark:

  • MSCI All Country World