Global Equity Fund

Fund overview

The Loomis Sayles Global Equity Fund seeks to generate strong long-term investment performance relative to the MSCI All Country World Index

Strategy Highlights

  • A disciplined bottom-up approach to unconstrained global equity investing
  • Concentrated active global equity product
  • Integrated risk management throughout the investment process
  • Long-term investment horizon
  • Flexibility to invest across market capitalization
  • Style-agnostic approach, not style box constrained, to global equity investing

The Fund's investments in international assets are unhedged.



Videos

Loomis Sayles Global Equity Fund

Loomis Sayles Portfolio Managers Eileen Riley and Lee Rosenbaum discuss their unconstrained approach to Global Equity investing.

Fund Facts

  • Portfolio Managers:
    Eileen Riley, CFA
    Lee Rosenbaum
    Read more
  • Benchmark:
    MSCI All Country World Index
  • Inception:
    1 November 2018

    The inception date for the Loomis Sayles Global Equity Opportunities strategy is 1 October 2004. This is the same strategy that is applied to the Fund

  • ARSN:
    628 342 334
  • APIR:
    IML0341AU
  • Distribution Frequency:
    Generally annually
  • Performance fee:
    Nil
    (the constitution for the Fund permits a performance fee to be charged. However the RE has waived its right to charge this fee)
  • Management fee:
    1.23% (inclusive of the net effect of GST)

Investment Objective

The Fund aims to provide a rate of return (after fees and expenses and before taxes) which exceeds the return of the MSCI All Countries World Index over a full market cycle.

Investment Strategy

The Fund invests primarily in common stocks of companies globally. The Fund invests in the securities of companies with three alpha drivers: quality, intrinsic value growth and valuation. The Fund focuses on approximately 35-65 securities which demonstrate these three alpha drivers. The Fund employs a style agnostic approach to finding opportunities, therefore avoiding sub-optimal constraints of style box characteristics. There are no geographic limits on the Fund’s investments, and the Fund may invest in securities of companies located in developed or emerging markets. The Fund typically invests in the securities of larger capitalisation companies and does not invest in companies below $2 billion USD capitalisation.

Net Performance

This fund was launched on 1 November 2018, therefore limited data is available.

Loomis Sayles Global Equity Opportunities Composite - performance as at 30 September 2019

The performance strategy of the Fund has been designed to replicate the strategy of the Loomis Sayles Global Equity Opportunities composite which is offered by the Manager of the Fund, Loomis Sayles & Company. LP (Composite) which is a separate collective investment vehicle located and managed in the USA.  The table below summarises the recent performance of the Composite.  Given that the strategy of the Fund replicates the strategy of the Composite, the past performance of the Composite may be a useful reference point for the Fund.  However, you should be aware that the Fund itself is new and has limited performance history – the past performance information below is NOT the past performance of the Fund.  Past performance is not a reliable indicator of future performance.

  1mth 3mth 1yr 3yrs^ 5yrs^ Since
Inception^
Loomis
Sayles
Global Equity
Opportunities*
+0.61% +4.96% +17.35% +19.94% +16.82% +11.62%
Benchmark** +2.00% +4.02% +8.76% +14.43% +12.35% +7.63%

Source: Morningstar Direct. 1 October 2004 - 30 September 2019. 

* Given the Fund is new and has limited performance history, the performance information referred to above reflects the performance of the Loomis Sayles Global Equity Opportunities composite (Composite) strategy which is managed by Loomis Sayles & Company L.P (who is also the Manager of the Fund). The performance above is not the performance of the Fund.  The Manager applies a strategy which replicates the strategy of the Composite. Fund returns are calculated in Australian dollar terms, net of management fees and assuming all distributions are re-invested. Past performance is not a reliable indicator of future performance.
** The benchmark for both the Composite and for this Fund is the MSCI All Country World Index. 

^% Performance per annum.

 

Unit Prices

This fund was launched on 1 November 2018, therefore limited data is available.

Distribution Information

This fund was launched on 1 November 2018, therefore limited data is available.

30 June 2019

 

Period Ending Distribution
June 2019 0.0700 cpu*
   

* Please note the distribution amount is calculated from fund inception on 1 November 2018

** Calculated as a percentage of the application price as at 1 November 2018

 

Past performance is not indicative of future performance as a result past distributions are not indicative of future distributions.

Ratings

Researcher Rating  
Zenith Recommended  
SQM Research 4 star - Superior  
Zenith - recommended    SQM research 4 Star Superior rating            

The most recent research house ratings reports, including the Lonsec report, are available for financial advisers. Please request a copy from your state manager.

Awards

maxaward

Max 2019 Finalist. Investment product of the year: Loomis Sayles Global Equity Fund

 

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned 28 November 2018) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs.
Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website.
Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at www.zenithpartners.com.au/regulatory-guidelines-funds-research.
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme. 

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