To Date 2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
|
Blue Whale1 | +14.0% | +30.7% | -27.6% | +20.8% | +26.4% | +27.6% | +8.6% |
IA Global2 | +4.2% | +12.7% | -11.1% | +18.0% | +14.8% | +22.1% | -5.6% |
Outperformance | +9.8% | +18.0% | -16.5% | +2.8% | +11.6% | +5.5% | +14.2% |
Since Launch |
Annualised |
+134.8% | +14.1% |
+70.1% | +8.6% |
+64.8% | +5.6% |
1I class Acc shares, net of fees priced at midday UK time, source: Bloomberg. 2 IA Global Sector average, source: FE Fundinfo. Performance data for period 11/09/2017 to 29/02/2024.
Q4 2023 proved the adage that one should “Come again St Leger day”. Following a quiet start to the second half of the year, the fund forged ahead in the final few months to deliver healthy returns over the full year. From September 30th to December 31st the fund increased from 184p to 206p per unit (I class Acc shares). We remind you that past performance is not a guide to the future. Whilst investment performance was pleasing, the global geopolitical landscape took yet another turn with the Israel/Hamas conflict. Such events are further proof that it is important to find businesses that are able to transcend the macro-economic environment. Once again, investment in high quality businesses, benefitting from global structural trends such as AI and automation, drove returns during the quarter.
Read more about the Blue Whale Approach
The Investment Objective of the Fund is to achieve capital growth over any five year period, after all costs and charges have been taken.
In selecting investments for the portfolio, the Investment Manager will identify companies which, based on its analysis, meet the following criteria:
The Investment Manager will select companies from a broad range of geographies and sectors with no particular sector or style bias.