vs 11.65% benchmark return over the same period (MSCI ACWI Net in AUD).Performance
"Our family values guarantee our independence and allow us to set out a long-term and sustainable strategy"
Stefan Fuchs | Chairman of Fuchs Petrolub and grandson of the Founder, Rudolph Fuchs
"We take a long-term view of business"
Karl-Johan Persson | CEO of H&M and grandson of Founder, Erling Persson
“Most of our directors have a major portion of their net worth invested in the company. We eat our own cooking.”
Warren Buffett | Founder, Chairman & CEO of Berkshire Hathaway
“We want to avoid the condition when someone can step into your company, or steal it or take it away,"
Ferruccio Ferragamo | Chairman of Salvatore Ferragamo and son of the Founder, Salvatore Ferragamo
“I'll keep working until the end"
Amancio Ortega | Founder and Director of Inditex
Jeff Bezos | Founder, President, CEO and Chairman of Amazon
Building long term wealth for our investorsThe Fund
We are an investment firm specialising in global equity markets.
We invest in companies around the world with strong competitive advantages that grow over the long term.
Our objective is to deliver long term returns to our investors that exceed the growth of the global stock market.The Fund
We uncover quality companies from all over the world
We hold investments in 10 to 30 companies at any one time across Europe, North America, Asia and Oceania
Return from inception 7 July 2017 to 31 December 2020.
Annualised return after deduction of management and administration fees. Excludes taxation. Assumes reinvestment of distributions.
Please note that our performance has been achieved with an average cash holding of 20% during this time, thus significantly reducing the portfolio's risk.
Note: past performance is not indicative of future performance.
Our strategy is straight forward. Focus on investing in a selection of exceptional global companies that have a demonstrated competitive advantage and hold them over the long term.
We feel very strongly about charging fees fairly and transparently.
Transparently track your investment.
This article was first published in Money Management magazine, 8 October 2020
Asset allocation is an integral part of investing, Lawrence Lam investigates how investors can learn from the strategic moves employed by the world’s leading endowment funds