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
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Portfolio Managers:
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Benchmark:MSCI All Country World Index
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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
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ARSN:628 342 334
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APIR:IML0341AU
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Distribution Frequency:Generally annually
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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)
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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 31 May 2020
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^ |
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|---|---|---|---|---|---|---|
| Loomis Sayles Global Equity Opportunities* |
+4.9% | +2.6% | +19.6% | +16.2% | +12.7% | +10.8% |
| Benchmark** | +2.9% | -2.9% | +10.0% | +9.3% | +8.3% | +7.3% |
Source: Morningstar Direct. 1 October 2004 - 31 May 2020.
* 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.
Distributions and Reports
This fund was launched on 1 November 2018, therefore limited data is available.
Distribution Timetable – 30 June 2020
| Timetable | Date | Business Day |
|---|---|---|
| Cum Prices for 30.06.20 | Thursday 2 July 2020 | 2 |
| Distribution calculations | Thursday 9 July 2020 | 7 |
| Ex price | Thursday 9 July 202 | 7 |
| Processing of re-investment | Thursday 9 July 202 | 7 |
| Distribution payment date | Monday 13 July 2020 | 9 |
| Distribution statements to be sent | Monday 13 July 2020 | 9 |
| Annual (AMMA) Tax Statement to be sent | Wednesday 22 July 2020 | 16 |
30 June 2019
- Distribution letter (includes tax components)
| 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.
Financial Reports
Ratings
| Researcher | Rating | |
|---|---|---|
| Zenith | Recommended | |
| SQM Research | 4 star - Superior |
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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
Max 2019 Finalist. Investment product of the year: Loomis Sayles Global Equity Fund