Global Equity Fund

This fund uses the Orbis Global Equity investment strategy which Orbis has been running since 1990 and has around £17bn under management.

The goal of the Global Equity Fund is to deliver higher returns than global stockmarkets over the long term, without taking on greater risk of loss. 

To do this, the fund primarily invests in shares of publicly listed companies, which may be located anywhere in the world, in any industry.

This fund is for people who wish to invest for at least 5 years.

Ratings

Morningstar
As of
FE Crown Rating
Dynamic Planner
The Adviser Centre
Defaqto

Performance

The Global Equity Fund available to UK retail investors was launched in January 2014. Before that time, performance of the original Orbis Global Equity Fund (for institutional investors) is shown. The original fund is not regulated by the Financial Conduct Authority or available to UK retail investors. Figures pre-2014 are adjusted to reflect the currency and fee structure of the newer fund. Both funds share the same strategy and are run by the same investment team.

Ranking vs. Peer Group

Information as of 30 November 2017

Global Equity Fund Quartile
1 YEAR 102/276 2
3 YEAR 13/244 1
5 YEAR 12/217 1
1 YEAR 3 YEAR 5 YEAR
Global Equity Fund 102/276 13/244 12/217
Quartile 2 1 1

Growth of £1000

Information as of {{performance.effectiveDate | oadate}}

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  • Global Equity Fund

  • Benchmark

    MSCI World Index

    Source: MSCI

  • Peer Group Average

    Investment Association (IA) Global Sector

    Source: Morningstar

Global Equity Fund {{lastfundReturns | currency}}
Benchmark {{lastbenchmarkReturns | currency}}
MSCI World Index
Source: MSCI
Peer Group Average {{lastaverageReturns | currency}}
Investment Association (IA) Global Sector
Source: Morningstar

External Ratings Agencies

Morningstar Rating

The Morningstar Rating™ is an assessment of a fund’s past performance—based on both return and risk—which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision.

Funds are grouped into categories according to their actual investment style, not merely their stated investment objectives, nor their ability to generate a certain level of income. Within each Morningstar Category, the top 10% of investments receive five stars.

FE Crown Rating

An FE Crown Fund Rating of Four is awarded only to the top 25% of all funds. Recognising excellent achievement in three key measurement areas, a Four FE Crown fund is a significant accolade, representing a fund’s demonstrable ability to outperform over the medium to long term, whilst controlling risk effectively.

Single Year Performance

Information as of {{monthEndData.effectiveDate | oadate}}

Global Equity Fund Benchmark Peer Group Average
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The value of your investments may go down as well as up, so you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results.

Top 10 holdings

Information as of {{effectiveDate | oadate}}

Company % Fund Assets Asset Type
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‘Equity’ means shares in companies. ‘Fixed income’ includes corporate bonds, government bonds and cash. ‘Other’ includes assets that are neither ‘equity’ nor ‘fixed income’.

Regional allocation

Information as of {{effectiveDate | oadate}}

For equities, geographic region is generally based on where the company is incorporated. For fixed income, classification is based on the currency in which the bond is issued. Figures may not add up to 100% due to rounding.
Region % Fund Assets
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Investment sectors

Information as of {{effectiveDate | oadate}}

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Industry
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FE Trustnet
The global funds that have best weathered up and down markets

FE Analytics reveals the IA Global funds that have the best track records in navigating positive and negative market conditions.

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Morningstar
Investor Views: "Don't Pay for a Manager Who Hugs the Index"

Charles MacKinnon, Investment Director at Tilney, tells Morningstar why the Orbis Global Equity Fund is one of his favourites.

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FE Trustnet
The global funds boasting all the ‘right’ kinds of volatility over the last decade

FE Trustnet looks at which global equity funds have been volatile over the last decade while protecting investors’ capital on the downside.

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Key Information

Strategy size (as at 30 June 2017):
£17 billion
Strategy inception:
1st January 1990
Fund size (as at 30 June 2017):
£29 million
Fund inception:
1st January 2014
Price (as at {{prices.effectiveDate | oadate}}):
{{prices.standardPricePerShare | notavail}} (Standard share class)
Active Share (as at 30 June 2017):
89%

Fees

12 months ending {{fees.effectiveDate | oadate}}
Entry/exit charge:
0%
Ongoing charge:
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Performance fee paid into Reserve:
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Fee paid to Orbis from the Reserve (12 months ending 30 November 2017):
0.60%
Amount in Reserve available for refunds (as at 30 November 2017):
2.33% of NAV
Average performance fee paid since fund launch (as at 30 November 2017):
1.45%
Average performance fee paid (3 years ending 30 November 2017):
1.70%

Risk

(1 January 2017)
Risk (SRRI):
5 (out of 7)

Based on historical performance, the price of this fund can go up or down by up to 15% per year – but potentially more.

For more information, please refer to the Key Investor Information Document in the Fund Literature section above.

Looking for a fund that has a slightly lower risk profile?

See our Global Balanced Fund

How to invest in our funds

You can invest in our two funds via a number of fund platforms: AJ Bell, Alliance Trust Savings, Ascentric, Aviva, Canada Life International, FundsNetwork, Novia, Old Mutual International, Raymond James and Transact.

Third party trademarks are used with the permission of their owners.

If you would like our funds listed on another platform, please contact us.