Sector Fund Range

Omnis European Equity Opportunities Fund

INVESTMENT MANAGER

RWC Partners

FUND MANAGERS

Graham Clapp

KEY FUND FACTS

  • Well-established investment philosophy- the manager’s approach to investing is based on a philosophy developed through 30 years of experience.
  • Highly knowledgeable manager with extensive experience of markets and companies – base in research and close engagement with companies
  • Flexibility- the fund does not stick to one particular style of investing such as targeting growing or undervalued companies, opening up a much larger selection of potential investment opportunities.

INVESTMENT OBJECTIVE

The fund aims to achieve a return consisting of both income and capital growth which, after all fees and expenses, exceeds the FTSE World Europe ex UK TR index over a five-year rolling period.

INVESTMENT POLICY

The fund intends to invest at least 80% in the equity securities of European companies defined as those which are domiciled, incorporated or have a significant exposure to Europe, excluding the United Kingdom. The fund will adopt a flexible approach to investment, investing primarily in companies that are perceived to be undervalued relative to their economic potential. Exposure to small and medium sized companies will be greater than 50% of the fund. Small and medium sized companies are defined as those with a market cap of $10 billion or less at the time of the fund’s investment. Companies whose capitalisation no longer meets this definition after investment will continue to be considered small and medium market capitalisation companies.

The fund may also invest in other transferable securities (for example, equity securities of other international companies), units in collective investment schemes (including schemes managed and operated by the ACD or its associates), money market instruments, warrants, cash, near cash and deposits as detailed in the Prospectus.

It is envisaged that the investment portfolio of the fund will be concentrated, typically comprising between 40 and 60 holdings.

Derivatives may be used for the purposes of hedging and efficient portfolio management.

INVESTMENT PROCESS OVERVIEW

The investment philosophy is simple and clear- it is based on investing in companies where the manager believes the share price does not reflect the economic potential of the business.

The investment team researches each company individually in an effort to understand the factors that drive its performance. In the next phase, they build on this research to strengthen the investment case by meeting with the company’s leadership team and by analysing its accounts. The company’s earnings prospects inform an understanding of its fair value which can then be compared to the current share price. The team divides investment opportunities into three categories- high, medium and low potential stocks. High potential stocks tend to be mid-sized companies which the manager believes have been overlooked by other funds.

The fund is actively managed and the manager has full discretion when choosing assets to invest in (in-line with the fund’s investment objectives).