April, 2021
The Fund is designed for investors who want the potential for long term capital growth from a concentrated portfolio of global shares, diversified across a broad range of global sharemarkets and are prepared to accept higher variability of returns. The Fund invests in global companies that offer attractive investment opportunities predominately in markets such as the USA, UK, Continental Europe, Asia and Japan. The Fund may also hold cash and use derivatives.
Pendal’s investment process for global shares aims to add value through active stock selection and fundamental company research. Pendal focuses on identifying a company’s long term value and potential risk reward opportunity and is benchmark agnostic. Our high conviction approach to the Fund’s investments seeks to invest in companies that are out of favour, considered to be undervalued in the near term and offer long term capital growth. The Fund will typically hold between 35-55 stocks
File: https://commentary.quantreports.net/wp-content/uploads/2021/02/171818999.pdfDecember, 2020
The Fund outperformed in the December quarter. The appreciation of the AUD against the USD also contributed to the fund’s performance over the quarter. The quarter rounded off a tumultuous year which concluded with the approval, and the initial batches of COVID 19 vaccine being administered, a Biden victory in the US elections, further US fiscal stimulus and the signing of the BREXIT trade deal.
Markets ended the year on their highs, despite record numbers of COVID cases being recorded globally and with the outcome of the US Senate elections yet to be decided. It appears likely that many forms of restrictions will remain in place globally until a vaccination has been widely distributed and efficacy is certain. As a consequence, we expect operating conditions for many companies to remain challenging for some time. We continue to focus on owning the companies we know can survive the pandemic, and prosper post pandemic.
File: https://commentary.quantreports.net/wp-content/uploads/2021/02/164222481.pdfasset_class: Foreign Equity
asset_category: Currency Hedged
peer_benchmark: Foreign Equity - Currency Hedged Index
broad_market_index: Developed -World Index
manager_contact_details: Array
ticker: RFA0031AU
release_schedule: Monthly
commentary_block: Array
factsheet_url:
https://investmentcentre.moneymanagement.com.au/factsheets/mi/ltd9/pendal-core-hedged-global-share
QUICK LINKS
fund_features:
Pendal Concentrated Global Share Hedged aims to provide a return (before fees, costs and taxes) that exceeds the MSCI World ex Australia (Standard) Index (Net Dividends) hedged to AUD over the medium to long term.
- The Fund is designed for investors who want the potential for long term capital growth from a concentrated portfolio of global shares, diversified across a broad range of global sharemarkets and are prepared to accept higher variability of returns.
- The Fund invests in global companies that offer attractive investment opportunities predominately in markets such as the USA, UK, Continental Europe, Asia and Japan.
- The Fund may also hold cash and use derivatives.
- The Fund will typically hold between 35-55 stocks.
structure: Managed Fund