2024 To Date |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | Since Launch |
Annualised | |
---|---|---|---|---|---|---|---|---|---|
Blue Whale1 | +18.3% | +30.7% | -27.6% | +20.8% | +26.4% | +27.6% | +8.6% | +143.7% | +14.6% |
IA Global2 | +7.8% | +12.7% | -11.1% | +18.0% | +14.8% | +22.1% | -5.6% | +75.8% | +9.0% |
Outperformance | +10.5% | +18.0% | -16.5% | +2.8% | +11.6% | +5.5% | +14.2% | +67.8% | +5.6% |
1 I 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 28/03/2024.
Q1 2024 picked up where the end of 2023 left off, delivering pleasing performance over the quarter. During the first quarter the Fund’s share price increased 18.3% (I Acc shares) vs +7.8% for the IA Global Sector Average. We remind you that past performance is not a guide to the future.
Driving performance was investment in key themes such as AI (Nvidia and Meta), silicon sovereignty (Applied Materials and LAM Research), and inflation beneficiaries (Visa and Mastercard). Combining structural trends with quality businesses we believe gives the best chance to transcend the macro-economic environment.
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.