The investment team seeks to invest in companies within its preferred themes with sustainable growth characteristics at attractive valuations that do not reflect their long-term potential.
As of 30 April 2025 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDIX | 5.25 | 15.06 | 21.41 | 13.30 | 10.46 | 5.63 | 8.57 |
MSCI EAFE Index | 4.58 | 11.76 | 12.57 | 10.07 | 11.37 | 5.45 | 5.22 |
MSCI All Country World ex USA Index | 3.61 | 9.03 | 11.93 | 8.03 | 10.09 | 4.83 | 5.36 |
As of 31 March 2025 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDIX | 9.32 | 9.32 | 10.28 | 8.61 | 10.76 | 5.22 | 8.40 |
MSCI EAFE Index | 6.86 | 6.86 | 4.88 | 6.05 | 11.77 | 5.40 | 5.07 |
MSCI All Country World ex USA Index | 5.23 | 5.23 | 6.09 | 4.48 | 10.92 | 4.98 | 5.25 |
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Advisor Class: APDIX | 7.72 | 9.16 | -19.47 | 14.44 | 10.83 |
MSCI EAFE Index | 7.82 | 11.26 | -14.45 | 18.24 | 3.82 |
MSCI All Country World ex USA Index | 10.65 | 7.82 | -16.00 | 15.62 | 5.53 |
Annual Report 30 September 2024 | 1.05% |
---|---|
Prospectus 30 September 2024 | 1.05% |
See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 30 April 2025) |
|
---|---|
National Grid PLC (United Kingdom) | 5.1 |
UBS Group AG (Switzerland) | 4.7 |
LIG Nex1 Co Ltd (Korea) | 3.1 |
British American Tobacco PLC (United Kingdom) | 2.9 |
Hanwha Aerospace Co Ltd (Korea) | 2.9 |
Air Liquide SA (France) | 2.8 |
Aon PLC (United States) | 2.7 |
Melrose Industries PLC (United Kingdom) | 2.7 |
Deutsche Boerse AG (Germany) | 2.7 |
Vonovia SE (Germany) | 2.4 |
Total | 31.9% |
Portfolio Statistics (as of 30 April 2025) |
|
---|---|
Median Market Cap (Billions) | $39.9 |
Weighted Avg. Market Cap (Billions) | $64.0 |
Weighted Harmonic Avg. P/E (FY1) | 15.3X |
Weighted Harmonic Avg. P/E (FY2) | 13.3X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 13.6% |
Weighted Avg. Operating Margin | 18.4% |
Active Share | 87.2% |
Annual Turnover | 83.3% |
Number of Securities | 65 |
Number of Countries | 21 |
Cash (% of total portfolio) | 6.4% |
Region Allocation
(% of portfolio securities as of 30 April 2025)
Top 10 Countries (% of portfolio securities as of 30 April 2025) |
|
---|---|
United Kingdom | 25.6 |
France | 13.8 |
Germany | 10.8 |
Switzerland | 9.8 |
Korea | 6.9 |
Belgium | 6.4 |
United States | 4.3 |
Japan | 4.3 |
Denmark | 4.1 |
Italy | 2.9 |
Sector Diversification
(% of portfolio securities as of 30 April 2025)