Factsheet

August Update Factsheet Invest Now

No Platform Fees

INVEST NOWNo Platform Fees

No Platform Fees

Most investment platforms levy an administration charge for holding your funds, which is based on a percentage of your investment or a flat fee. Some platforms also impose a fund dealing charge which you pay when you buy or sell shares in a fund.

By investing in the Blue Whale Growth Fund directly through Link Asset Services there are no platform fees or fund dealing charges to pay.

The Fund Management Centre is Link Asset Services' newly launched platform which enables investors to buy and sell shares in the Blue Whale Growth Fund online.

Submitting this form will redirect you to the Fund Management Centre to register and complete your order.

Documents

R Sterling Accumulation - UCITS KIIDView R Sterling Income - UCITS KIID View

Factsheet

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Data as at 31 July 2020

Price Data

Share Class OCF Price
I Class Acc (GBP) 0.89% 167.42p
I Class Inc (GBP) 0.89% 167.27p
R Class Acc (GBP) 1.14% 166.25p
R Class Inc (GBP) 1.14% 166.23p
R Class Acc (EUR) 1.64% 1.3392

Prices as at 13 August 2020

Performance

“Committed to delivering consistent significant outperformance”
To Date
2020		 2019 2018
Blue Whale1 +15.9% +27.6% +8.6%
IA Global2 +0.7% +22.1% -5.6%
Outperformance +15.2% +5.5% +14.2%
Since
Launch		 Annualised
+65.3% +19.0%
+21.2% +6.9%
+44.1% +12.1%

Past performance is not a guide to future performance.

1I class Acc shares, net of fees priced at midday UK time, source: Bloomberg. 2 IA Global Sector average, source: Lipper. Lipper. Performance data for period 11/09/2017 to 31/07/2020.

Fund Manager’s Comment

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Fund Facts

Fund LF Blue Whale Growth Fund
Fund Launch Date 11 September 2017
Lead Fund Manager Stephen Yiu
Co-Manager (October 2019) Daniel Allcock
Fund Size £460m
IA Sector Global
Fund Type UK OEIC
Base Currency GBP
Dividend Dates End of February, August
ACD Link Fund Solutions (LF)
Depositary Northern Trust Global Services
Dealing Daily at Noon
Initial Charge 0.0%
Performance Fee 0.0%

Portfolio Facts

No. of holdings 25
Avg. market cap >£100bn
Top 10 Holdings % 54.0
Adobe
Autodesk
Boston Scientific
Dassault Systèmes
Mastercard
Microsoft
PayPal
SAP
Stryker
Visa
Read more about our Top 10
Geographical Breakdown %
US 70.5
Europe 21.6
UK 2.5
Asia Pacific 1.5
Cash 3.9
Sector Breakdown %
Technology 60.6
Healthcare 14.2
Consumer Staples 8.5
Communication Services 7.4
Consumer Discretionary 4.2
Industrials 1.3
Cash 3.9

What We Do

  • Aim to buy and hold high quality businesses at an attractive price.
  • In-house research underpinning a high-conviction portfolio of 25-35 stocks.
  • Significant resources dedicated to internal financial modelling and proprietary valuation metrics.
  • Focus on a genuinely active, valuation-driven approach.

Read more about the Blue Whale Approach

Investment Objective

The Investment Objective of the Fund is to achieve capital growth over any five year period, after all costs and charges have been taken.

Investment Strategy

In selecting investments for the portfolio, the Investment Manager will identify companies which, based on its analysis, meet the following criteria:

  • have the ability to grow and improve profitability over the long term;
  • have a current valuation that is attractive relative to their future growth and profitability;

The Investment Manager will select companies from a broad range of geographies and sectors with no particular sector or style bias.

Risk Management

  • UCITS-compliant.
  • Assessment of company specific risk factors, including those related to ESG, that might materially impact the business’s sustainable return on investment.

Read more about our views on ESG

Performance

“Committed to delivering consistent significant outperformance”
To Date
2020		 2019 2018
Blue Whale1 +15.9% +27.6% +8.6%
IA Global2 +0.7% +22.1% -5.6%
Outperformance +15.2% +5.5% +14.2%
Since
Launch		 Annualised
+65.3% +19.0%
+21.2% +6.9%
+44.1% +12.1%

Past performance is not a guide to future performance.

1I class Acc shares, net of fees priced at midday UK time, source: Bloomberg. 2 IA Global Sector average, source: Lipper. Lipper. Performance data for period 11/09/2017 to 31/07/2020.

Fund Manager’s Comment

Read more

What We Do

  • Aim to buy and hold high quality businesses at an attractive price.
  • In-house research underpinning a high-conviction portfolio of 25-35 stocks.
  • Significant resources dedicated to internal financial modelling and proprietary valuation metrics.
  • Focus on a genuinely active, valuation-driven approach.

Read more about the Blue Whale Approach

Investment Objective

The Investment Objective of the Fund is to achieve capital growth over any five year period, after all costs and charges have been taken.

Investment Strategy

In selecting investments for the portfolio, the Investment Manager will identify companies which, based on its analysis, meet the following criteria:

  • have the ability to grow and improve profitability over the long term;
  • have a current valuation that is attractive relative to their future growth and profitability;

The Investment Manager will select companies from a broad range of geographies and sectors with no particular sector or style bias.

Risk Management

  • UCITS-compliant.
  • Assessment of company specific risk factors, including those related to ESG, that might materially impact the business’s sustainable return on investment.

Read more about our views on ESG

Disclaimer: A Key Investor Information Document and an English language prospectus for the LF Blue Whale Growth Fund are available via the Blue Whale website or on request and investors should consult these documents before purchasing shares in the fund. Past performance is not necessarily a guide to future performance. The value of investments and the income from them may fall as well as rise and be affected by changes in exchange rates, and you may not get back the amount of your original investment. Blue Whale Capital LLP does not offer investment advice or make any recommendations regarding the suitability of its products. This financial promotion is intended for UK residents only and is communicated by Blue Whale Capital LLP which is authorised and regulated by the Financial Conduct Authority. All data is sourced from Blue Whale Capital LLP unless otherwise noted. Market cap data sourced from Bloomberg.

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