Investment Objective
The Threadneedle Global Equity Fund aims to achieve above average capital growth through investment in equities issued by companies worldwide.
Investment Strategy
The Threadneedle Global Equity Fund provides access to an actively managed portfolio of international listed shares. The Fund will invest in the Threadneedle Global Select fund, (the Underlying Fund) which is exposed predominantly to listed securities of companies included in the MSCI All Countries World Index.
About Threadneedle’s Investment Approach
Threadneedle is an active fund manager who primarily uses fundamental analysis. It believes in bottom-up stock selection as the most effective way to add value to its global equity portfolios. It is important that a stock’s attractiveness is assessed with regard to the prevailing market environment.
Its approach is based on the belief that not all companies are priced correctly by the market in the short-term and this presents an investment opportunity. It believes that market participants with a short time horizon leave longer-term potential outcomes undiscounted. A longer time horizon gives greater scope to identify potentially undiscounted change, and as such, it considers explicitly what a company’s outlook and valuation might be at a chosen time horizon (typically in two years’ time).
This lifts its perspective beyond the factors that may currently be dominating market thinking about the stock and provides a realistic horizon for the assessment of the future of a company. Threadneedle also believes that the local influences and constraints on regional investors can lead to stocks becoming mispriced on a global basis and, therefore, seeks to place each stock in a global context. Threadneedle believes it can deploy capital globally more efficiently than regional managers that are constrained to manage risk in relation to a local benchmark. The end result is an integrated global portfolio of best ideas from around the world.
Download the Product Disclosure Statement (PDS)The Zenith Investment Partners (“Zenith”) ABN 60 322 047 314 rating (assigned August 2011) referred to in this document is limited to “General Advice” (as defined by section 766B of Corporations Act 2001) and based solely on the assessment of the investment merits of the financial product on this basis. It is not a specific recommendation to purchase, sell or hold the relevant product(s), and Zenith advises that individual investors should seek their own independent financial advice before investing in this product. The rating is subject to change without notice and Zenith has no obligation to update this document following publication. Zenith usually receives a fee for rating the fund manager and product against accepted criteria considered comprehensive and objective.