Macquarie Professional Series
The IFP Global Franchise Fund provides your clients with a unique investment strategy to diversify their portfolios by investing in a mixture of international shares, typically in Europe and North America. The Fund holds a portfolio of between 20 to 40 global stocks.
The IFP Global Franchise Fund offers:
The unique investment strategy of the IFP Global Franchise Fund may suit investors looking for long term growth, seeking to invest for seven years or longer. The minimum application for the IFP Global Franchise Fund is $20,000.
Alternatively a hedged version of this fund is available.
|PDS||Additional Information to the PDS||Fund review||Fact sheet||Quarterly distribution|
Application form (22 June 2012)
|Fund name||IFP Global Franchise Fund|
|Investment manager||Independent Franchise Partners (IFP), London|
|Investment objective||To seek to achieve attractive long-term returns by investing in international shares. IFP's Global Franchise strategy focuses on quality and value in absolute terms, which means that the Manager does not use a benchmark index for portfolio construction|
|Investment approach||The Fund only invests in high quality businesses with high free cash flow generation and dominant intangibles such as brands, licences and distribution agreements. The portfolio generally holds 20-40 companies with low turnover. The Fund focuses on reducing absolute risk by managing overall volatility|
International shares 90%-100%
|Suggested minimum investment timeframe||At least 7 years|
|Distributions||Paid annually as at 30 June, if any|
|Management Fee||1.38% p.a. (inclusive of GST)|
|Inception date||17 November 2004|
|Benchmark||MSCI World Index ex Australia in $A (unhedged) with net dividends reinvested|
|Number of stocks||Generally 20-40|
|Portfolio turnover||Approximately 15% per year|
|Buy/sell spread||+0.36% / -0.31%|
|Hedging to Australian dollars||This fund’s exposure to international assets is not hedged back to Australian dollars. Therefore, the fund is exposed to foreign currency fluctuations|
Independent Franchise Partners LLP (IFP) is an employee-owned, investment management firm established in June 2009. The firm specialises in a single investment strategy which aims to identify companies capable of compounding shareholder wealth at superior rates of return over the long-term. The strategy uses strict value and quality criteria to evaluate potential investments. The firm’s founding partners previously managed a similar investment strategy at Morgan Stanley Investment Management.
IFP’s investment process sees them focusing on companies that they believe demonstrate exceptional quality and value. Such companies will exhibit key strengths such as:
The companies that the manager invests in are usually found in sectors such as branded consumer goods (eg food, cosmetics, beverages), pharmaceuticals, media and advertising (eg publishing, broadcasting, information services) and franchised services (eg automotive, business services). The Manager typically invests in developed countries with a strong culture of public share-ownership.
|van Eyk||Highly Rated *|
|Zenith||Highly Recommended °|
To invest in the IFP Global Franchise Fund:
GPO Box 2912
Brisbane QLD 4001
Or fax to 1800 219 334
If you have any questions regarding the application process please contact us on:
Phone 1800 214 616
Or click here to be contacted by a Macquarie Business Development Manager.
Phone 02 8232 7017
Master trusts and wrap operators
Phone 1800 214 616
Call your financial adviser or Macquarie on 1800 214 616
Call: 1800 214 616
Fax: (02) 8232 9435