Macquarie Professional Series
The Walter Scott Global Equity Fund diversifies your client's portfolio by investing in international shares via companies with potential compound earning growth. The Fund holds a portfolio of between 40 to 60 global stocks.
The Walter Scott Global Equity Fund offers:
The unique investment strategy of the Walter Scott Global Equity Fund may suit investors looking for long term growth, seeking to invest for five years or longer. The minimum application for the Walter Scott Global Equity 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||Walter Scott Global Equity Fund|
|Investment manager||Walter Scott & Partners Limited, Edinburgh|
|Investment objective||To seek to achieve a long-term (five years or longer) total return that exceeds the MSCI World ex-Australia Index in $A dollars unhedged with net dividends reinvested|
|Investment approach||The fund will only invest in companies offering high earnings growth potential that Walter Scott believes warrants long-term investment|
International shares: 90% to 100%
Cash: 0% to 10%
|Distributions||Paid annually as at 30 June, if any|
|Ongoing fee||1.28% pa (inclusive of GST)|
|Inception date||18 March 2005|
|Benchmark||MSCI World Index ex Australia in $A (unhedged) with net dividends re-invested|
|Number of stocks||Generally 40-60|
|Portfolio turnover||Approximately 15% - 25% per year|
|Buy/sell spread||+0.20% / -0.14%|
|Management fees||1.28% pa (inclusive of GST)|
Walter Scott & Partners Limited (Walter Scott) are based in the United Kingdom and have been managing global equities since 1983. At 31 October 2012 they currently manage $A53.8 billion in assets for its clients globally, and specialises in managing assets for a range of institutional clients, including pension funds, foundations, corporations and governments.
Walter Scott’s investment process focuses on companies that offer strong wealth generation potential. These companies typically exhibit key strengths such as:
Stocks are selected using a bottom-up investment approach driven by in-depth financial analysis and qualitative research that aims to identify companies capable of generating high earnings growth. Walter Scott expect that on average and based on long term experience, 15 to 25 per cent of the stocks in the fund’s portfolio will be turned over each year which reflects their long-term ‘buy and hold’ approach.
The investment portfolio is constructed with a primary focus on stock-based analysis. Country and sector exposures are a consequence of the search for what are, in Walter Scott’s view, “the best companies operating in the best sectors”. As a result of this investment approach, the structure of the portfolio is likely to differ substantially from the composition of the benchmark index.
|Lonsec||Highly Recommended ∼|
|van Eyk||Highly Rated *|
|Zenith||Highly Recommended °|
To invest in the Walter Scott Global Equity 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