The investment team seeks to invest in companies with franchise characteristics that are benefiting from an accelerating profit cycle and are trading at a discount to private market value.
As of 31 March 2021 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTRX | -1.94 | -1.94 | 57.68 | 17.88 | 18.44 | 13.72 | 13.32 |
MSCI All Country World Index | 4.57 | 4.57 | 54.60 | 12.07 | 13.21 | 9.14 | 8.43 |
As of 31 March 2021 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTRX | -1.94 | -1.94 | 57.68 | 17.88 | 18.44 | 13.72 | 13.32 |
MSCI All Country World Index | 4.57 | 4.57 | 54.60 | 12.07 | 13.21 | 9.14 | 8.43 |
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Investor Class: ARTRX | 4.73 | 31.18 | -9.07 | 35.60 | 39.81 |
MSCI All Country World Index | 7.86 | 23.97 | -9.41 | 26.60 | 16.25 |
Morningstar Rating and Analyst Rating Disclosure
Star ratings are based on risk-adjusted returns. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-year, 5-year, and 10-year Morningstar Ratings metrics. 762 funds in the overall World Large Stock category. View full Fund ratings.
The Morningstar Analyst Rating™ is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. They consider quantitative and qualitative factors in their research. View Important Disclosures below for further details.
Annual Report 30 September 2020 | 1.14% |
---|---|
Prospectus 30 September 2020 | 1.14% |
See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 31 March 2021) |
|
---|---|
Techtronic Industries Co Ltd (Hong Kong) | 5.4 |
AstraZeneca PLC (United Kingdom) | 4.1 |
Activision Blizzard Inc (United States) | 3.6 |
Fidelity National Information Services Inc (United States) | 3.3 |
Advanced Micro Devices Inc (United States) | 3.3 |
Boston Scientific Corp (United States) | 3.2 |
NextEra Energy Inc (United States) | 3.2 |
IHS Markit Ltd (United States) | 3.1 |
Lonza Group AG (Switzerland) | 3.0 |
Lowe's Cos Inc (United States) | 3.0 |
Total | 35.2% |
Portfolio Statistics (as of 31 March 2021) |
|
---|---|
Median Market Cap (Billions) | $55.2 |
Weighted Avg. Market Cap (Billions) | $154.8 |
Weighted Harmonic Avg. P/E (FY1) | 28.6X |
Weighted Harmonic Avg. P/E (FY2) | 24.5X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 19.9% |
Weighted Avg. LT Debt/Capital | 30.2% |
Active Share | 90.6% |
Portfolio Turnover Rate | 44.3% |
Number of Securities | 47 |
Number of Countries | 13 |
Cash (% of total portfolio) | 2.0% |
Region Allocation (% of total portfolio equities as of 31 March 2021) |
|
---|---|
|
|
Americas | 56.4 |
Europe | 29.9 |
Pacific Basin | 10.0 |
Emerging Markets | 3.6 |
Total | 100.0% |
Top 10 Countries (% of total portfolio equities as of 31 March 2021) |
|
---|---|
United States | 55.1 |
Hong Kong | 7.0 |
United Kingdom | 6.3 |
Switzerland | 5.1 |
Denmark | 5.1 |
Sweden | 4.9 |
Netherlands | 4.0 |
Spain | 3.7 |
Japan | 3.1 |
Brazil | 1.9 |
Sector Diversification (% of total portfolio equities as of 31 March 2021) |
|
---|---|
Communication Services | 8.2 |
Consumer Discretionary | 10.7 |
Consumer Staples | 0.7 |
Energy | — |
Financials | 8.9 |
Health Care | 24.1 |
Industrials | 14.7 |
Information Technology | 21.7 |
Materials | 4.0 |
Real Estate | — |
Utilities | 7.0 |
Total | 100.0% |