| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | Insync employs four simple screens to narrow the universe of over 40,000 listed companies globally to a focus group of high-quality companies that it believes have the potential to consistently grow their profits and dividends. These screens are: size of the company, balance sheet performance, valuation and dividend quality. Companies that pass this due diligence process are then valued using dividend discount models, free cash flow yield and proprietary implied growth and expected return models. The end result is a high conviction portfolio typically of 15-30 stocks. The principal investments will be in shares of companies listed on international stock exchanges (including the US, Europe and Asia). The Fund may also hold cash, derivatives (for example futures, options and swaps), currency contracts, American Depository Receipts and Global Depository Receipts. The Fund may also invest in various types of international pooled investment vehicles. |
| Manager Comments | The Fund returned -2.94% in February, outperforming the Index by +2.63%. Positive contributors included Adobe, Dominos Pizza Inc, Nvidia and Ross Stores. Detractors included Accenture, Apple, Amadeus IT and Walt Disney. The Fund continues to have no currency hedging in place as Insync consider the main risks to the Australian dollar to be skewed to the downside. Insync's core view is that the prevailing low growth and low inflation environment is unlikely to change in the medium term with the recent data only re-enforcing their base case. |
| More Information |
