Global Value Fund
About this Fund
|FUND MANAGER||Mirabella Financial Services|
|ASSET CLASS||LISTED INVESTMENT COMPANY|
|INVESTMENT STYLE||GVF provides shareholders with the opportunity to invest globally through a portfolio of securities purchased at a discount to their underlying asset value.|
|INVESTMENT PROFILE||GVF aims to provide an alternative source of market outperformance compared to more common stock selection strategies.|
|CURRENCY MANAGEMENT||Active management|
|NO. OF HOLDINGS|
|FEES||1.5% of AUM per annum|
Benefits of investing in GVF
About the Fund
The Global Value Fund is a listed investment company that provides shareholders with the opportunity to invest globally through a portfolio of securities purchased at a discount to their underlying asset value. By capturing this discount for its shareholders, the Company aims to provide an alternative source of market outperformance compared to more common stock selection strategies.
Staude Capital is based in London and its investment team has considerable experience in finding international assets trading at a discount to their intrinsic worth, and in identifying or creating catalysts that will be used to unlock this value. The investment team at Staude Capital has been seconded into Mirabella Financial Services LLP to manage the Global Value Fund portfolio.
How we invest your money
We believe that financial markets are generally efficient and that it is difficult to outperform general market indices through active stock selection over the long term. Instead, we believe that sustained market outperformance is best achieved through the purchase of discounted assets: assets that are trading at prices which are below their assessed intrinsic value. This approach is then coupled with an active strategy aimed at capturing the value presented by the discount.
A key feature of this strategy is that it seeks to achieve a lower realized volatility of investment returns than that of a strategy which invests solely in international equities. This lower volatility profile is a function of the underlying exposures of the investments in the portfolio, which will be a wider range of financial assets than just listed equities. The risk profile of the portfolio will benefit from this diversification across asset classes, as well as from the lower volatility exhibited by some of the non-equity assets, such as government and corporate bonds.