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Key Facts
ISIN IE000AXKKX88
NAV: -
NAV DATE: -
YTD PERF: -
YTD PERF. DATE: -
Total Net Assets (all classes, m) -
Number of holdings -
Weight of top 10 stocks -
Share Class Currency -
SFDR Article 8
Key Documents View all documents
RISK INDICATOR
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This indicator represents the Fund’s risk level set out in the Key Information Document. It is not guaranteed and may change during the month.
Investment Policy
A Sub-Fund of Comgest Growth plc.
The objective of the Sub-Fund ("the Fund") is to increase the value of the Fund (capital appreciation) over the long term. The Fund intends to achieve this objective through investment in a portfolio of high-quality, long-term growth companies. The Fund will invest at least two-thirds of its assets in securities issued by companies that have their headquarters in, or principally carry out their activities in America or in securities issued or guaranteed by the American government.
The Fund is actively managed. The index is provided for comparative purposes only.
The Fund is aimed at investors with a long-term investment horizon (typically 5 years or more).
Main Risks
This fund has the following core inherent risks (non-exhaustive list):
• Investing involves risk including possible loss of principal,
• The value of all investments and the income derived therefrom can decrease as well as increase,
• There is no assurance that the investment objective of the fund will be achieved,
• When a Share Class is denominated in a currency that is different from yours, changes in exchange rates can negatively impact both the value of your investment and the level of income received.
• Where the income of the share class is not sufficient to pay the fixed dividend, the capital of the share class will be used to pay the balance outstanding. This may lead to capital erosion and a reduction in future returns.
A more detailed description of the risk factors that apply to the fund is set out in the Prospectus.
PERFORMANCE & HOLDINGS
Where past performance is not shown there is insufficient data to provide a useful indication of past performance.
Cumulative returns shown are monthly returns calculated on the last business day of each month.
Index: S&P 500 - Net Return. The index is used for comparative purposes only and the fund does not seek to replicate the index.
Please note that performance is rebased to 100.
For additional information on the index and the fund’s inception date, please refer to the monthly report below.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past and compare it to the index. For the avoidance of doubt, the fund is actively managed. The index performance is provided for comparative and information purposes only.
Performance is shown after the deduction of ongoing charges. Any applicable entry and exit charges are excluded from the calculation. This share class came into existence in . Past performance has been calculated in EUR. As this is a new share class, there is not enough historical data to provide investors with any useful indication of past performance.
Where past performance is not shown there is insufficient data to provide a useful indication of past performance.
Index: S&P 500 - Net Return. The index is used for comparative purposes only and the fund does not seek to replicate the index.
For additional information on the index and the fund’s inception date, please refer to the monthly report below.
Past performance is not a reliable guide to future performance.
Performance figures are calculated net of investment management fees, administrative fees and all other fees with the exception of sales charges. If taken into account, sales charges would have a negative impact on performance.
Performance figures for distributing (DIS) classes are based on the assumption that dividends are reinvested on date of payment.
The above equity exposures are provided for information only, are subject to change and are not a recommendation to buy or sell the Securities.
Past performance is not a reliable guide to future performance.
Breakdowns based on GICS sector and MSCI country classifications.
Past performance is not a reliable guide to future performance.
1Y
5Y
| May-2023 | Jun-2023 | Jul-2023 | Aug-2023 | Sep-2023 | Oct-2023 | Dec-2023 | Jan-2024 | Feb-2024 | Mar-2024 | Apr-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Favourable performance scenario | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 47.3 % | 43.3 % |
| Moderate performance scenario | 14.7 % | 14.7 % | 14.5 % | 14.5 % | 14.5 % | 14.1 % | 14.1 % | 14.1 % | 14.1 % | 14.1 % | 14.1 % |
| Unfavourable performane scenario | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % | -15.9 % |
| Stressed performance scenario | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % | -87.4 % |
| May-2023 | Jun-2023 | Jul-2023 | Aug-2023 | Sep-2023 | Oct-2023 | Dec-2023 | Jan-2024 | Feb-2024 | Mar-2024 | Apr-2024 | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Favourable performance scenario | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | 18.2 % | ||||||||||||||||||||||
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| Moderate performance scenario | 14.3 % | 14.3 % | 14.3 % | 14.3 % | 14.2 % | 14.1 % | 14.1 % | 14.1 % | 14.2 % | 14.3 % | 14.3 % | ||||||||||||||||||||||
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| Unfavourable performane scenario | -0.7 % | 0.3 % | 0.6 % | 0.9 % | 0.2 % | -0.2 % | 1.6 % | 2.2 % | 3.5 % | 3.8 % | 3.0 % | ||||||||||||||||||||||
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| Stressed performance scenario | -32.7 % | -32.5 % | -32.7 % | -32.7 % | -32.5 % | -32.7 % | -32.7 % | -32.7 % | -32.5 % | -32.5 % | -32.5 % |
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and/or, in case of insufficient track record, a comparable share class or benchmark, over the last 10 years. The scenarios shown are illustrations based on results from the past and on certain assumptions.
The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies, and are not an exact indicator. What you will get will vary depending on how the market performs and how long you keep the product. The figures do not take into account your personal tax situation, which may also affect how much you get back.
The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
The stress scenario shows what you might get back in extreme market circumstances.
INVESTMENT TEAM
VIEW FULL TEAM
Christophe Nagy joined Comgest in 2009 and is an Analyst and Portfolio Manager specialising in US equities. He is also a member of the Comgest Group's Investment Committee.
Christophe co-leads Comgest’s US equity strategy and has played an instrumental role in building the US equity team and guiding their research activities. Before joining Comgest, he worked at Mercer Consulting from 1991, at Carmignac Gestion from 1998 where he managed global growth portfolios, and then from 2002 as a Senior Portfolio Manager at Edmond de Rothschild Asset Management.
Christophe holds a Master’s degree in Engineering from Ecole des Mines in St-Etienne in France and received an MBA from the INSEAD graduate business school near Paris in 1991.
Justin Streeter joined Comgest in 2015 and is an Analyst and a Portfolio Manager specialising in US equities.
Justin co-leads the management of the US Equity strategy and contributes strongly to idea generation, researching US companies within a broad range of sectors. He previously worked at J.P. Morgan in San Francisco in 2013 as an M&A Healthcare Analyst and, prior to that, at J.P. Morgan’s London office in a similar role. Justin began his career with Macquarie Capital Partners (London) and Société Générale (Paris).
Justin graduated from Emlyon Business School (France) with a Master’s degree in Management and Corporate Finance. He is also a CFA® charterholder.
Louis Citroën joined Comgest in 2019 and is an Analyst and Portfolio Manager specialising in US equities.
Louis co-leads the management of the US Equity strategy and contributes strongly to idea generation, researching US companies across a broad range of sectors. Prior to joining Comgest, he was an Equity Analyst covering telecoms and media stocks at Arete Research in London for five years. Louis previously worked from 2011 as a Small Cap Equity Analyst at Financière de l’Echiquier and began his career in 2009 as a management consultant at Oliver Wyman in Paris.
He holds a Master’s degree in Management from ESCP Business School (France, UK, Germany) and is a CFA® charterholder.
Rémi Adam joined Comgest in 2019 and is an Analyst and Portofolio Manager specialising in US equities.
After starting his career in 2014 as a Global Equity Analyst at Amundi in London, Remi moved to Paris and Frankfurt where he was an Equity Analyst covering media and telecom stocks at Oddo Securities for three years.
He holds a Master’s degree in Risk & Finance from EDHEC Business School and is a CFA® charterholder.
Investment Team listed above may include advisors from affiliates within the Comgest Group.
Details
| Investment Manager | Comgest Asset Management International Limited |
|---|---|
| Sub Investment Manager | Comgest S.A. |
| Management company | None / Comgest Growth plc is self-managed |
| Fund Name | COMGEST GROWTH AMERICA |
| Share Class | COMGEST GROWTH AMERICA EUR FIXED DIS |
| ISIN Code | IE000AXKKX88 |
| Bloomberg Code | EURIDFR ID |
| WKN Code | A3DS1B |
| Share Class Currency | EUR |
| Fund Base Currency | USD |
| Share Class Distribution Policy | Fixed Distribution |
|---|---|
| Hedged | No |
| UCITS | Yes |
| Share Class Inception Date | Awaiting Seeding |
| Fund Domicile | IRELAND |
| Investment Management Fee | 1.50% |
| Ongoing charges | 1.57% |
| Maximum entry fee | 4.00% |
