To provide long term capital growth by taking advantage of the VALMO strategy in the global markets, with a momentum tilt.
The benchmark in the management of global equities is the MSCI World Index. The weight of each country in the Global Equity is not aligned with its index weight, but the allocations to the 5 large regions of the world (United States, Continental Europe, UK, Japan and others) are comparable to the index weights although not necessarily identical. For currencies, the approach is the same for the U.S. dollar, the euro and the Japanese yen.
|Currency of the Fund: USD|
|Benchmark: MSCI World|
|United States: +/- 7% of the World Index|
|Europe: +/- 5% of the World Index|
|United Kingdom: +/- 3% of the World Index|
|Japan: +/- 3% of the World Index|
|Others: +/- 3% of the World Index|
|American dollar: aligned with the index|
|Euro: aligned with the index|
|Yen: aligned with the index|
|Others: max 5% by currency|
|United States||S&P 500, Nasdaq 100||S&P 500|
|Europe||DAX, ATX, etc.||S&P Europe 350|
|United Kingdom||S&P UK|
|Others||S&P/ASX 100, etc.|
|Number of stocks in portfolio||40-80 stocks||50-90 stocks|
|Maximum regeneration period||3 months||6 months|
|Turnover||2-4 times a year||Around once a year|
|Maximum by sector||None||None|
|Maximum by stock||10%||10%|
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.