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 September 2024 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDIX | 5.88 | 14.70 | 26.07 | 2.86 | 6.04 | 5.13 | 8.35 |
MSCI EAFE Index | 7.26 | 12.99 | 24.77 | 5.48 | 8.20 | 5.71 | 5.23 |
MSCI All Country World ex USA Index | 8.06 | 14.21 | 25.35 | 4.14 | 7.59 | 5.22 | 5.44 |
As of 30 September 2024 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDIX | 5.88 | 14.70 | 26.07 | 2.86 | 6.04 | 5.13 | 8.35 |
MSCI EAFE Index | 7.26 | 12.99 | 24.77 | 5.48 | 8.20 | 5.71 | 5.23 |
MSCI All Country World ex USA Index | 8.06 | 14.21 | 25.35 | 4.14 | 7.59 | 5.22 | 5.44 |
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Advisor Class: APDIX | 29.36 | 7.72 | 9.16 | -19.47 | 14.44 |
MSCI EAFE Index | 22.01 | 7.82 | 11.26 | -14.45 | 18.24 |
MSCI All Country World ex USA Index | 21.51 | 10.65 | 7.82 | -16.00 | 15.62 |
Semi-Annual Report 31 March 2024 | 1.05% |
---|---|
Prospectus 30 September 2023 | 1.05% |
See prospectus for further details. Semi-Annual Report Figure(s): Unaudited, annualized for the six-month period.
Top 10 Holdings (% of total portfolio as of 30 September 2024) |
|
---|---|
UBS Group AG (Switzerland) | 5.6 |
Air Liquide SA (France) | 4.7 |
Linde PLC (United States) | 4.4 |
Amazon.com Inc (United States) | 4.2 |
Argenx SE (Belgium) | 4.0 |
UCB SA (Belgium) | 4.0 |
Deutsche Telekom AG (Germany) | 3.7 |
Melrose Industries PLC (United Kingdom) | 3.5 |
BAE Systems PLC (United Kingdom) | 3.4 |
Novo Nordisk A/S (Denmark) | 3.3 |
Total | 40.9% |
Portfolio Statistics (as of 30 September 2024) |
|
---|---|
Median Market Cap (Billions) | $40.0 |
Weighted Avg. Market Cap (Billions) | $176.3 |
Weighted Harmonic Avg. P/E (FY1) | 16.9X |
Weighted Harmonic Avg. P/E (FY2) | 15.4X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 19.7% |
Weighted Avg. Operating Margin | 16.0% |
Active Share | 85.8% |
Annual Turnover | 77.0% |
Number of Securities | 60 |
Number of Countries | 17 |
Cash (% of total portfolio) | 5.6% |
Region Allocation
(% of portfolio securities as of 30 September 2024)
Top 10 Countries (% of portfolio securities as of 30 September 2024) |
|
---|---|
United Kingdom | 17.0 |
France | 12.1 |
Switzerland | 10.8 |
Germany | 10.2 |
United States | 9.1 |
Belgium | 8.5 |
Denmark | 7.0 |
Japan | 6.5 |
Canada | 4.2 |
Italy | 4.0 |
Sector Diversification
(% of portfolio securities as of 30 September 2024)