Fiducia Wealth Management
Posted in Fiducia News on 29.02.16

Q&A:

1) What is the underlying strategy of the fund?

Long-term capital appreciation through investing predominantly in global equities.

Best ideas stock-picking fund with 30-50 positions focused on developed equity markets Research-intensive strategy, leveraging Odey’s macro & fundamental research.

 

2) Are there any particular types of company you favour?

Market leaders with defendable position

Earnings visibility and brand strength,

Balance sheet strength,

Low leverage and prudent accounting

Sectors where capacity is reducing and prices are firming

Owner-managed businesses

Companies where perceived risk is greater than actual risk

 

3) Which areas contributed the most relative value to the fund in 2015?

This is a very bottom-up, stock-specific strategy.

The key winners in 2015 were (in order) –

  • Regus                           +3.99%
  • Amazon                        +3.79%
  • Sberbank                      +0.93%
  • Cirrus Logic                  +0.76%
  • Orix Corporation            +0.62%

 

4) Which areas are you most optimistic on for the year ahead?

Equities continue to look the cheapest asset class

We are finding good value equities in an absolute sense

US exposure is mainly domestic exposure

 

5) What are the main challenges currently faced by the fund?

Macro risks have increased but partly reflected in markets

Continue to be nervous about China despite it being heavily consensus

 

If you would like to know more about how we as Financial Advisers can help you  with your Investments then visit the Investment Management section of  our website: Investment Management or send us email at: email@fiduciawealth.co.uk

The information contained in website is for guidance only and does not constitute advice which should be sought before taking any action or inaction. The information is based on our understanding of legislation, whether proposed or in force, and market practice at the time of writing. Levels, bases and reliefs from taxation may be subject to change. Accordingly no responsibility can be assumed by Fiducia Wealth Management Limited, or any associated companies or persons, its officers or its employees, for any loss occasioned in connection with the content hereof and any such action or inaction. Professional financial advice is necessary for every case.

Fiducia are an award winning firm of Financial Advisers based in Dedham near Colchester situated in the heart of Constable Country on the Essex Suffolk border. www.fiduciawealth.co.uk

Fiducia Wealth Management Ltd. Dedham Hall Business Centre, Brook Street, Dedham, Colchester, Essex, CO7 6AD.

Fiducia Wealth Management Ltd. is authorised and regulated by the Financial Conduct Authority. FCA No. 408210

Fiducia Wealth Management
Posted in Fiducia News on 29.02.16