Global Companies Fund

Blocks

Fund overview

The Global Companies Fund aims to create long term wealth through a concentrated portfolio of 25-45 global companies that we believe are trading at prices different to their intrinsic values. 

Investment objective

investment objective

 

The Fund’s investment objective is to provide long term capital growth and outperform the greater of the MSCI World Net Total Return Index (AUD) or RBA cash rate over rolling seven year periods. The Fund is not intended to replicate the index, investing in a concentrated portfolio of predominantly undervalued equities and other global (including Australia) investment securities.

Fund facts

Fund Category
Global equities
Investment style

Fundamental, bottom-up, research-intensive approach

Minimum investment
$20,000
Number of Stocks

As a guide, 25-45 globally listed businesses.

Inception date
Suggested investment time

7 years plus

Investor Profile

The Fund may be appropriate for investors seeking capital appreciation over a seven plus year investment horizon.

Portfolio Manager

Paul Moore

Structure

Unlisted global equity fund, $A, unhedged

APIR/ARSN code

APIR PMC0100AU

ARSN 092 434 618

Highly rated*

Morningstar Zenith
morningstar 2 Zenith 2

 

The Fund may be suitable if you want:

Coloured Grid Items

Capital growth

Body

Provided by a demonstrated, focused, patient and considered process

Colour
Pale Blue

Access to global securities

Body

Increase your exposure to global equities, either within your portfolio or SMSF

Colour
Light Grey

A long term approach

Body

The Fund concentrates on building long term wealth through patience and conviction.

Colour
Blue

Differentiated

Body

The potential for returns that may be significantly different to those provided by the index and more traditional global equity funds.

Colour
Black

Meet the Manager

Why invest? 

Established

The Fund’s process has been shown to be effective, based on a philosophy developed by Paul Moore, over 30 years. This has produced attractive long term capital growth. 

Unrestricted

We have an authentic investment process where our exposure to industry sectors, geographic regions or market capitalisation is determined solely by our conviction in the risk/ reward opportunities that we identify within portfolio guidelines. No conviction = no investment.

Opportunistic

The Fund aims to create long term wealth for our co-investors by finding and exploiting investment anomalies around the world, wherever they are. We find opportunities where others may only see risks.

Co-investment

Our co-investors receive access to a unique subset of opportunities to which they would otherwise find difficult to access. The management team have significant investments in the PM Capital Global  Equities strategy – they invest for and with you.

 

This information does not constitute advice or recommendations, and is subject to change without notice. It does not take into account the objectives, financial situation or needs of any investor which should be considered before investing. Investors should consider a copy of the current Product Disclosure Statement, and seek their own financial advice prior to investing. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up due to various market forces. The investment objective is not a forecast, and is only an indication of what the investment strategy aims to achieve over the medium to long term.

* © 2019 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned October 2018) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at www.zenithpartners.com.au.