• 1 Month Return as at
    30-11-2020
    12.26%
  • 6 Month Return as at
    30-11-2020
    25.18%
  • 1 Year Return as at
    30-11-2020
    11.68%
  • Dividend
    Yield
    1.20%
  • Vue category
    Global Trends

Past performance is no indicator of future performance.  Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding individual tax, member fees and entry fees (if applicable).  For more information on how our performance is calculated, please click here. 

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Portfolio overview

The Luxury Goods share portfolio, known as a Vue, is a concentrated portfolio of ten shares comprising companies benefiting from the growth in demand for luxury goods in emerging economies, especially Asia.

This Vue contains

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  • L'Oreal SA.png
  • hermes_international_sca.png

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Investment Strategy

Companies are short-listed from the investment universe on the basis of their exposure to the growing demand for luxury goods from emerging economies.

With increasing disposable incomes in many developing countries like China, India and Indonesia, there is a significant increase in demand for high quality luxury goods.

Once basic necessities are taken care of, people are inclined to spend on “aspirational goods”. These include luxury apparel, shoes, accessories, premium beverages and luxury cars. The Vue invests in companies that produce and/or distribute such products in emerging markets.

MARKET CAP OF SHARES CONTAINED IN THIS VUE

Investment Objective

Investment timeframe
3 Years +

The investment objective is to outperform the MSCI World Ex-Australia Index (Net/AUD) over a five-year investment horizon.

This Vue is intended as a long-term investment with low stock turnover. It is reviewed and rebalanced (if required) every quarter.

Investor Suitability

The Luxury Goods Vue may be suitable for investors who have an investment horizon of 3+ years, and a moderate to high risk tolerance.

Portfolio Performance

Where and what will I be investing in?

INDUSTRIES YOU WILL BE INVESTING IN

There is no substitute for rigourous research

With over 30 years’ experience in global equity markets, our Head of Investment committee use's complex proprietary models to bring you the world’s best and most innovative companies.

Head of Investment Committee
Clay Carter

Clay's 30+ years of experience includes senior portfolio management roles at AMP, Legal and General Life of Australia, PM Capital, QBE Insurance and Perennial Investment Partners. He has developed alternative methods to traditional market analysis and portfolio management, was a key contributor to the Eureka Report, and regularly appears on CNBC Asia and Bloomberg TV.

1. Identify Vue theme

We identify a global trend, issue or investment style that we believe makes for a compelling long-term investment story.

2. Run quantitative model to create shortlist

We run our proprietary multi-factor share selection model to rank shares by attractiveness.

3. Fundamental research to select shares

We conduct fundamental research to select the final 10 shares. We look at things like sustainable competitive advantage, earnings growth potential and trading multiples.

4. Vue review and rebalance

Vues are reviewed and rebalanced (if required) quarterly or if necessitated by unexpected developments. Clients have discretion whether to implement recommended changes.

0.8%
Research fee
on market value of the holdings
0.0%
Performance fee
Administration fee
Custody fee
Activity fee
Buy/sell spread

We offer a simple and competitive fee structure.

When investing in a Vue, you’ll be charged a flat 0.8% per annum research fee (calculated daily, charged monthly).

We do not charge any additional performance, administration, custody or activity fees. Buy/sell spreads do not apply either.

Normal trading costs will apply when buying and selling shares held within a Vue.

See all applicable fees and charges
Head of Investment Committee
Clay Carter

Clay's 30+ years of experience includes senior portfolio management roles at AMP, Legal and General Life of Australia, PM Capital, QBE Insurance and Perennial Investment Partners. He has developed alternative methods to traditional market analysis and portfolio management, was a key contributor to the Eureka Report, and regularly appears on CNBC Asia and Bloomberg TV.