Page 41 - Taking Stock 22 Summer 2019

Summer 2019 !BACK TO FEATURES 41 How does the fund t into investors’ portfolios? The Global Companies Fund will appeal to investors looking to diversify their equities exposure across markets and who are attracted by the competitive fee structure. As most investors focus on the short-term, investors with a long-term mindset can take advantage of the prevailing long-term inef ciency that the team’s process seeks to exploit. The strategy is expected to achieve outperformance through most stages of the economic cycle and during a downturn due to the stability of cash ows of the companies that meet the de nition of an exceptional company. The capability has been running for close to two years in Australia and has delivered exceptional results for investors to date.