Walter Scott Global Equity Fund (Hedged)
Macquarie Professional Series
Features and benefits
The Walter Scott Global Equity Hedged Fund invests into the Walter Scott Global Equity Fund which provides exposure to a portfolio of between 40 to 60 global stocks and offers:
- Exposure to companies which typically exhibit high earnings growth, high return on investment and high free cash flow.
- A fundamental approach with deliberate disregard for benchmark indices in portfolio construction
- Low turnover, ‘buy and hold’ approach allows time for a company’s earnings growth to translate into strong share price performance for investors
- Macquarie will seek to minimise foreign currency exposures by establishing currency hedging positions
The unique investment strategy of the Walter Scott Global Equity Fund (Hedged) 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 (Hedged) Fund is $20,000.
Alternatively an unhedged version of this fund is available
About Walter Scott
Walter Scott Partners Limited (“Walter Scott”) are based in the United Kingdom and have been managing global equities since 1983. At 29 February 2012 they currently manage $A49.1 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:
- strong earnings growth;
- high return on equity;
- high free cash flow.
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 percent 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 the 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.
More information
| Fund Name | Walter Scott Global Equity Fund (Hedged) |
| Investment manager | Walter Scott Partners Limited, Edinburgh |
| Investment objective | To seek to achieve a long-term (at least five to seven years) total return that exceeds the MSCI World ex-Australia Index in $A dollars hedged with net dividends reinvested |
| Investment approach | The Fund will only invest in companies offering high earnings growth that Walter Scott believes warrant long-term investment |
| Underlying Asset allocation |
International shares: 90% to 100% Cash: 0% to 10% |
| Minimum investment | $20,000 |
| Distributions | Paid annually as at 30 June. If any |
| Applications | Daily |
| Withdrawals | Daily |
| Entry Fee | Nil |
| Exit Fee | Nil |
| Inception date | 22 February 2008 |
| Benchmark | MSCI World (ex Australia) Index in $A dollars hedged with net dividends reinvested |
| Number of stocks | Generally 40-60 |
| Buy/Sell spread | +0.28% / -0.23% |
| Management fee | 1.28% p.a. (inclusive of GST) |
Macquarie Professional Series
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Did you know...
You can invest your super in international shares with SuperOptions, your simple but flexible superannuation plan.
