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Global Alpha Fund

Fund launch date 31/12/2001
Fund size £172,020,904.13
Number of holdings 56
Managed by current team for 20 years
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The Fund

The Fund has been managed by Robin Geffen since 2001, with William Geffen becoming Deputy Manager in November 2021. The Fund aims to generate capital growth over the long term (5 years or more). The Fund invests in global equities and has the ability to hold fixed income and alternatives.

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested.
Key Information
Manager Inception Date of Fund
31/12/2001
Class Launch Date
31/12/2001
Comparator Benchmark 1
MSCI ACWI
Comparator Benchmark 2
IA Flexible Investment
Price
Single Price
774.710p
Offer Price
-
Price Date
27/05/2022

FEfundinfo Crown Rating FE fundinfo Crown Rating: 5
Morningstar Fund Rating: 5 Morningstar Rating: 5
Morningstar Sustainability rated 4 Morningstar Sustainability Rating: 4

Meet the team

Robin Geffen has 40 years of investment experience and prior to joining Liontrust in October 2019, Robin was a fund manager and the CEO of Neptune Investment Management, which he founded in 2002. He has previously worked at Charterhouse J Rothschild, Eagle Star, York Trust plc, Scottish Equitable and Orbitex Investments. William Geffen moved to Liontrust as part of the acquisition of Neptune Investment Management in October 2019. He graduated from Oxford University with a Masters in Chemistry (MChem) and is a CFA Charterholder.

More about the team
Meet the tea

Our Investment Process

The fund managers believe the key to generating outperformance is through high conviction, long-term, research-led company selection.
The Liontrust Global Alpha Fund invests in high-quality growth stocks designed to future proof an investor’s portfolio using the five key drivers of Technology, Intellectual Property, Science, Social Change and Entrepreneurial Vision. 
The Fund’s process therefore seeks to identify these long-term winners, which are often high-quality companies with technological or strategic advantages which are likely to maintain a competitive edge in a wide variety of market conditions. Idea generation is deliberately dynamic, utilising screens, the Global Equity Team’s global sector research process and fundamental analysis.

The team-based global industry approach to research used by the Global Equity team enables the manager to understand the competitive dynamics within an industry, giving insights that they believe are invaluable when investing with a long-term time horizon.

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested.

Performance

Performance since fund launch date

Discrete performance (%)

As at previous quarter 12 months ending: Mar 22 Mar 21 Mar 20 Mar 19 Mar 18
Liontrust Global Alpha 12.2 42.8 1.1 9.4 16.7
MSCI ACWI 12.4 38.9 -6.7 10.5 2.4
IA Flexible Investment 5.0 29.1 -8.1 3.3 2.4
Quartile Ranking 1 1 1 1 1

Cumulative performance (%)

As at previous day end 1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Since Inception
Liontrust Global Alpha -14.3 -15.4 -34.6 -30.4 -16.2 27.7 58.9 198.5 657.1
MSCI ACWI -1.8 -1.8 -6.8 -8.1 3.0 35.2 53.1 220.8 358.6
IA Flexible Investment -2.2 -1.5 -7.9 -8.4 -3.1 16.7 22.6 99.2 189.3
Quartile Ranking 4 4 4 4 4 1 1 1 -

Source: FE fundinfo as at 26/05/2022. Performance figures are shown in GBX. Total return performance figures are calculated net of costs and charges, on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Where applicable the quartile rank is for the primary share class within the sector. If your investment is made in a currency other than that used in the past performance calculation the return may increase or decrease as a result of currency fluctuations.

Current positioning

Top 10 Holdings (%)

LIONTRUST GLOBAL SMALLER COMPANIES C ACC GBP 7.48
ALPHABET INC 4.97
NVIDIA CORP 4.43
AMAZON.COM, INC. 4.27
MICROSOFT CORP 4.18
FORTINET INC 3.63
GALLAGHER (ARTHUR J) & CO 3.53
CME GROUP INC. 3.31
SVB FINANCIAL GROUP 3.06
PALO ALTO NETWORKS INC 2.94

Sector Breakdown (%)

Information Technology 49.14
Financials 10.58
Health Care 10.31
Mutual Funds 10.22
Consumer Discretionary 8.06
Communications 5.22
Others 1.81
Consumer Staples 1.66
Money Market 1.59
Industrials 1.36

Geographic Breakdown (%)

USA
76.31
UK
12.58
Canada
2.32
Ireland
2.23
Netherlands
1.93
Money Market
1.59
Italy
1.55
Japan
1.45

Source: Liontrust as at 29/04/2022.

Source: FE fundinfo
Additional Information
Minimum initial investment
£250,000
Minimum additional investment
£0
Ex-dividend date
31 December (Final)
Distribution date
28 February
Sedol code
3119055
ISIN code
GB0031190555
Charges
Initial charge
-
Ongoing Charges Figure
0.88%
Included within the OCF is the Annual Management Charge
0.75%
Fund insights

How to invest in Liontrust funds

Through a fund platform
Through a financial adviser
Direct with Liontrust

Key Risks 

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested. The issue of units/shares in Liontrust Funds may be subject to an initial charge, which will have an impact on the realisable value of the investment, particularly in the short term. Investments should always be considered as long term.

 

Investment in the Fund involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The Fund may invest in emerging markets/soft currencies or in financial derivative instruments, both of which may have the effect of increasing volatility. 

 

Disclaimer

This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID), which provide full product details including investment charges and risks. These documents can be obtained, free of charge, from www.liontrust.co.uk or direct from Liontrust. Always research your own investments. If you are not a professional investor please consult a regulated financial adviser regarding the suitability of such an investment for you and your personal circumstances. 

 

This should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. It contains information and analysis that is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, forwarded, reproduced, divulged or otherwise distributed in any form whether by way of fax, email, oral or otherwise, in whole or in part without the express and prior written consent of Liontrust.

Fund literature
Global Alpha Fund
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