This website uses cookies. Read more. Okay

Foord Global Equity Fund (Luxembourg)

For long-term investors in global equity securities

INVEST NOW

INVESTMENT OBJECTIVE

The fund aims to achieve optimum risk-adjusted returns by investing in a diversified portfolio of global equities and related securities. It seeks to outperform the MSCI All Country World Net Total Return Index after fees, without assuming greater risk.

FOR INVESTORS

  • With a higher risk profile
  • Seeking long-term capital growth
  • And able to withstand investment volatility in the short to medium term.

REGISTERED COUNTRIES

Luxembourg, South Africa, Switzerland, United Kingdom, Japan.

FUND MANAGERS

Dave Foord

Chief Investment Officer

Performance

Returns
Year Fund Return % Benchmark Return %
2013 (from 02/Apr) 14.1 15.8
2014 -5.9 4.2
2015 -2.1 -2.4
2016 1.6 7.9
2017 25.8 24.0
2018 -15.8 -9.4
2019 25.4 26.6
2020 23.9 16.3
2021 (to 31/May) 10.2 10.8

Characteristics
Benchmark

MSCI All Country World Total Return Index.
Time horizon

Longer than five years.
Inception date

2 April 2013
Initial subscription amount

US$10,000 or equivalent
Subsequent subscription amount

US$ 1,000 or equivalent
Significant restrictions

Complies with UCITS regulations. In addition, the Fund cannot enter into total return swaps, securities lending transactions, repurchase transactions or reverse repurchase transactions or any other securities financing transactions. Only listed derivatives can be used for efficient portfolio management.
Income distributions

A roll-up fund with income being reinvested in the portfolio.
Income characteristics

Zero income yield as it does not distribute its income.
Portfolio Orientation

Investing in quality global equities that presents compelling long-term value. Global equity exposure typically between 90% and 100%, with balance invested in cash and money market instruments.
Risk considerations

The fund is priced in US dollars. Among others, investment value is subject to foreign exchange risk, market risk and interest rate risk, and credit risk of the issuers.
Risk of loss

Moderate to high in periods shorter than five years. Subject to market volatility, lower in longer term.
Top 5
Security description Asset class Country of Listing Portfolio weight %
Commentary

Monthly Commentary – May 2021

  • Global equities (+1.5%) rose again on optimism for economic growth from societal re-openings—given continued vaccine progress in the US and faster vaccination rates in Europe
  • US indices (+0.4%) edged higher as positive corporate commentary on the growth rebound was offset by inflation worries—the US Federal Reserve sees recent inflation spikes as transitory, but noted the likelihood of starting tapering discussions at the June Fed meetings
  • European indices (+4.3%) led developed market gains—as more economies relax COVID-19 restrictions, boosting travel, leisure and retail stocks
  • Emerging markets (+1.1%) were mixed—India (+7.8%) rebounded on declining coronavirus cases and expectations of further relief measures while China (-0.7%) underperformed on antitrust scrutiny of technology companies and slowing manufacturing growth
  • Cyclical sectors outperformed—energy (+5.6%), financials (+5.1%) and materials (+3.8%) offsetting declines in the consumer discretionary (-1.4%) and information technology (-1.1%) sectors
  • Commodities continued to rally on back of a weaker dollar—precious metals gold (+7.7%) and silver (+6.8%) advanced on higher inflation expectations while copper (+4.5%) closed at all-time highs
  • Fund performance improved on strong share price gains by names in the materials sector, including Wheaton Precious Metals (+16.6%), Freeport McMoran (+13.3%) and Nutrien (+12.6%)—Chinese tech names JD.Com (-4.3%) and Baidu (-6.7%) weighed on performance
Fees

Management Fee (Percentage of the applicable Net Asset Value per share)
Class R: 0.85% + 15% of outperformance over the benchmark
The annual fee comprises a fixed standard fee plus a performance fee, subject to an overall minimum
The annual fee may be adjusted up daily (subject to fulfilling the performance conditions) by the performance fee, calculated as the difference between the portfolio performance and the benchmark return for the same period multiplied by the performance fee sharing rate
 

Invest now

WHAT IF YOU HAD INVESTED WITH US IN THE PAST?

Experience the compounding phenomenon of a sustained, long-term investment with Foord.

Calculate
Using rand returns of Foord’s best investment view South African funds. ? In calculating the current value of your hypothetical investment, we have applied the returns of Foord Asset Management’s retirement fund track record from 1 January 1990 to 31 March 2008 (gross of fees) combined with the net returns of the Foord Flexible Fund of Funds from 1 April 2008. Any information provided is not intended nor does it constitute financial, tax, legal, investment, or other type of advice, and the suitability or potential value of any information or particular investment source is not guaranteed. Performance may be affected by changes in the market or economic conditions and legal, regulatory and tax requirements. Distributions may be subject to mandatory withholding taxes. Foord does not provide any guarantee either with respect to the capital or the performance return of investments.
Using US dollar returns of Foord’s best investment view global fund. ? In calculating the current value of your investment, we have applied the long-term returns of the Foord International Trust. These returns are calculated net of fees. Past performance is no guarantee of future performance. Foord Asset Management (Singapore) Pte. Limited disclaims any liability for any loss, liability, or damages (whether direct or consequential) of any nature whatsoever that may be suffered as a result of, or which may be attributable, directly or indirectly to the use of or reliance upon the information provided.
Value Today: $0
Annualised Return: 0%
The annualised return is the effective annual percentage return achieved over the term of the investment. Results for an investment term of less than one year should be treated with caution.

Document Downloads

Performance Data History Price History Data Foord Global Equity Fund (Luxembourg) - May 2021 Foord SICAV Annual Report for the year ended 31 December 2020

Insights

14 Jun 2021

Investment Insight — In Conversation With Dave Foord

Dave Foord shares his views on what the biggest drivers of growth will be in a post pandemic world with Nedgroup Investment’s Rob Johnson.

Watch now

09 Jun 2021

What Makes An Investment Strategy Sustainable?

Ishreth Hassen, portfolio manager on the Foord Global Equity Fund, explains Foord’s improving performance over the years.

Watch now
newsletter subscription
Sign Up Now

FOORD ASSET MANAGEMENT (SINGAPORE) PTE. LIMITED

TEL: + 65 6521 1100

FAX: + 65 6521 1109

INFO@FOORD.COM.SG

FOORD ASSET MANAGEMENT (GUERNSEY) LIMITED

TEL: +44 (0) 1481 70 2400

FAX: +44 (0) 1481 73 4546

INVESTMENTS@FOORD.COM