Standard Life Investments Global Smaller Companies Fund Platform 1 Acc

Global Growth

Rated Fund 2018-19. A concentrated portfolio of smaller companies

Standard Life Investments Global Smaller Companies received a hat trick of accolades last year: Rated Fund status, Money Observer’s Best Larger Global Growth fund award and a Morningstar analyst rating of bronze.

The fund is included as an open-ended alternative to Edinburgh Worldwide investment trust. It has trounced the global sector average thanks to the strong stockpicking abilities of Alan Rowsell, its manager since inception in 2012.

Roswell runs a concentrated portfolio of 55 high-quality, sustainable growth businesses. His stock selection process leverages the group’s ‘focus on change’ investment philosophy, which analyses the investment universe based on what it believes are the key factors that drive share prices.

The quantitative screen ranks 6,000 companies from both developed and emerging markets on the basis of 13 factors, including value, growth, price and earnings momentum, and balance sheet strength.

The team aims to identify companies with proven and sustainable business models, recurring revenues and quality earnings streams that have been mispriced by the market.

Rowsell believes this approach is resilient during economic downturns and should outperform over the business cycle, as it has in the past.

At the end of 2018 he said interest rates and trade tariffs would probably be key drivers of market direction in the short term. His focus, however, remains on corporate earnings. These “appear solid, with downgrades relatively minor and 2019 currently looking like a growth year”.

Narrative and ratings content all as of 01 January 2019.

See all Money Observer rated funds
Name
Standard Life Investments Global Smaller Companies Fund Platform 1 Acc
Manager
Aberdeen Standard Fund Managers Limited
Type
Open Ended Investment Company
ISIN
GB00B7KVX245
Sector
Global
Launched
14/05/2012
OCF
1.05 %
Risk Rating
5
3 Year Sharpe
1.23
3 Year Alpha
2.39
Yield
0 %
Benchmark
IA Gbl sector
The objective of the Fund is to provide capital appreciation; it is intended that income will not be a prime consideration. The investment policy of the Fund is to invest mainly in global smaller company equities (excluding Investment Trusts) and equity type investments. “Equity type investments” will include convertible stocks, stock exchange listed warrants, Depositary Receipts and any other such investments which entitle the holder to subscribe for or convert into the equity of the company and/or where the share price performance is, in the opinion of the ACD, influenced significantly by the stock market performance of the company’s ordinary shares. The Fund may also invest in other transferable securities, money-market instruments, deposits, cash and near cash, derivatives and collective investment schemes.
Holding %
Teleperformance SE 3.52 %
Alarm.com Holdings Inc 3.28 %
Aspen Technology Inc 3.19 %
JD Sports Fashion PLC 3.07 %
Shenzhou International Group Holdings Ltd 3.04 %
Kemper Corp 3.00 %
HMS Holdings Corp 2.92 %
Abiomed Inc 2.82 %
Paylocity Holding Corp 2.74 %
ServiceMaster Global Holdings Inc 2.73 %
Region %
United States 44.38 %
Eurozone 16.80 %
United Kingdom 13.74 %
Asia - Emerging 7.59 %
Japan 7.08 %
Asia - Developed 6.02 %
Sector %
Industrials 29.11 %
Technology 24.51 %
Financial Services 15.72 %
Consumer Cyclical 14.75 %
Consumer Defensive 9.03 %
Healthcare 5.79 %
Name
Aberdeen Standard Fund Managers Limited
Address
EH2 2BY, Edinburgh, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Alan Rowsell
Joined 01/19/2012

Alan Rowsell, an honours graduate in Economics & Politics from Bath University who joined Singer & Friedlander in 1997. He has previously worked at Cazenove and HM Treasury. Alan is an associate member of the UK Society of Investment Professionals.

Data provided by Morningstar.

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