6 Mar 2014 - Fund Review: Insync Global Titans Fund

Attached is our most recently updated Fund Review on the Insync Global Titans Fund.  

We would like to highlight the following:

• The Global Titans Fund invests in a concentrated portfolio of 15-25 stocks, targeting exceptional, large cap global companies with a strong focus on dividend growth and downside protection.
• The Fund's unit price decreased by 0.9% in January, compared to the equity benchmark's decline of 1.5%. The main positive contributions for the month came from our holdings in Comcast, BSkyB and TE Connectivity. The main negative contributors were BAT, Coach and Sanofi. The Fund, currently having no foreign exchange hedging in place, benefitted from a slight depreciation of the Australian dollar in January. The Fund has no direct emerging market exposure.
• Portfolio selection is driven by a core strategy of investing in companies with sustainable growth in dividends, high returns on capital, positive free cash flows and strong balance sheets.
• Emphasis on limiting downside risk is through extensive company research, the ability to hold cash and long protective index put options.

For further details on the Fund, please do not hesitate to contact us.

Sean Webster

Research Manager

Australian Fund Monitors