The all-cap global fund looks for companies in all markets around the world.
The fund looks to generate positive absolute and relative return over a full-market cycle with active risk management. Investment philosophy of the fund is focus both on the upside and on the downside risks to the individual stock.
The investment process puts a higher emphasis on screening for risks and not on future growth rate or market valuation. The fund generally allocates between 55% and 60% of its assets in mega cap companies and about 40% in medium to large cap companies.
U.S. based companies comprise about 35% of the fund’s assets and the rest are in the developed markets Asia and in Europe. Emerging markets account for less than 1% of allocation.