Morningstar® Fund Report™
Ninety One Global Strategic Equity Fund (USD-RMB)
Performance History 31/03/2025
Growth of 1,000(USD) Advanced Graph
Fund 19.59 -25.89 21.79 16.09 1.25
+/-Cat 2.62 -6.40 2.29 3.83 2.02
+/-Idx 1.02 -7.85 -0.35 -1.10 2.61
Category: Global Large-Cap Blend Equity
Index: Morningstar Global Target Market Exposure NR USD
Trailing Returns 25/04/2025
Fund +/-Idx
YTD 2.80 4.32
3 Years 27.89 -1.60
5 Years 82.07 -7.08
10 Years 85.60 -37.68
12 Month Yield 0.00
Dividend Paying Frequency -
Key Stats
Morningstar Category
Global Large-Cap Blend Equity
Morningstar Rating™
ISIN
LU0345770308
NAV 25/04/2025
USD 45.9000
Day Change
0.50%
Total Net Assets (mil)
25/04/2025
USD 1427.32
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Dan Hanbury
Rhynhardt Roodt
Inception Date
29/06/2007
Benchmark
Fund Benchmark
MSCI ACWI NR USD
Morningstar® Benchmark
Morningstar Global Target Market Exposure NR USD
Investment strategy
The Sub-Fund aims to provide long-term capital growth primarily through investment in shares of companies around the world that are believed to offer above average opportunities for capital gains.
Portfolio Profile 28/02/2025
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 98.75 0.00 98.75
Bonds 0.01 0.00 0.01
Cash 1.24 0.01 1.24
Other 0.00 0.00 0.00
Top 5 Regions %
United States 57.70
Japan 10.15
United Kingdom 8.45
Eurozone 6.62
Canada 4.64
Top 5 Sectors %
 Technology 17.36
 Financial Services 16.24
 Communication Services 13.36
 Healthcare 10.36
 Consumer Defensive 10.24
Top 5 Holdings Sector %
Microsoft Corp Technology Technology 5.69
Amazon.com Inc Consumer Cyclical Consumer Cyclical 3.62
NVIDIA Corp Technology Technology 3.28
TKO Group Holdings Inc Communication Services Communication Services 3.22
Johnson & Johnson Healthcare Healthcare 2.81

Price Chart

  • Ninety One Global Strategic Equity Fund (USD-RMB)
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
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Fund: Ninety One Global Strategic Equity Fund (USD-RMB)
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Annual Returns 31/03/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return -14.52 23.22 15.57 19.59 -25.89 21.79 16.09 1.25
+/- Category -2.35 -0.59 1.46 2.62 -6.40 2.29 3.83 2.02
+/- Index -5.37 -3.21 -0.26 1.02 -7.85 -0.35 -1.10 2.61
% Rank (Rel to Cat) 74 60 43 39 93 37 32 35
Trailing Returns 25/04/2025
Total Return +/- Category +/- Index
1 Day 0.50 -0.49 -0.09
1 Week 3.40 0.36 -0.56
1 Month -1.23 1.79 1.92
3 Months -0.99 3.97 4.04
6 Months 0.31 2.75 2.19
YTD 2.80 3.71 4.32
1 Year 11.14 3.20 0.63
3 Years 27.89 4.27 -1.60
5 Years 82.07 11.17 -7.08
10 Years 85.60 -1.04 -37.68
Quarterly Returns 31/03/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 1.25 - - -
2024 9.75 4.36 6.08 -4.45
2023 11.30 7.14 -5.50 8.06
2022 -9.36 -17.81 -10.08 10.65
Dividend 25/04/2025
12 Month Yield 0.00
Morningstar Rating™                 Relative to Category 31/03/2025
3-Year
5-Year
10-Year
Overall
Volatility Measurements 31/03/2025
3-Yr Volatility 18.02%   3-Yr Sharpe Ratio 0.13
3-Yr Mean Return 0.57%
Investment Style Details 28/02/2025
Morningstar Style Box®_Morningstar:
Equity Style
Size Relative to Category
Average Mkt Cap (Mil) USD 115801.30 0.00
Market Capitalisation % Of Equity
Giant 46.86
Large 24.29
Medium 22.64
Small 4.96
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 17.19 0.00
Price/Book 2.84 0.00
Price/Sales 0.51 0.00
Price/Cash Flow 9.25 0.00
Dividend-Yield Factor 1.64 0.00
Long-Term Projected Earnings Growth 11.29 0.00
Historical Earnings Growth 9.81 0.00
Sales Growth 4.96 0.00
Cash-Flow Growth 4.91 0.00
Book-Value Growth 7.50 0.00
AssetAllocation 28/02/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 98.75 0.00 98.75
Bonds 0.01 0.00 0.01
Cash 1.24 0.01 1.24
Other 0.00 0.00 0.00
World Regions 28/02/2025
% Of Equity Relative to Category
United States 57.70 0.00
Canada 4.64 0.00
Latin America 0.81 0.00
United Kingdom 8.45 0.00
Eurozone 6.62 0.00
Europe - ex Euro 3.45 0.00
Europe - Emerging 0.00 0.00
Africa 0.00 0.00
Middle East 0.00 0.00
Japan 10.15 0.00
Australasia 2.26 0.00
Asia - Developed 2.45 0.00
Asia - Emerging 3.48 0.00
Emerging Market 4.29 0.00
Developed Country 95.71 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 28/02/2025
% Of Equity Relative to Category
CyclicalCyclical 31.98 -
Basic MaterialsBasic Materials 6.32 -
Consumer CyclicalConsumer Cyclical 8.14 -
Financial ServicesFinancial Services 16.24 -
Real EstateReal Estate 1.28 -
Sensitive 41.24 -
Communication ServicesCommunication Services 13.36 -
EnergyEnergy 2.77 -
IndustrialsIndustrials 7.74 -
TechnologyTechnology 17.36 -
DefensiveDefensive 25.54 -
Consumer DefensiveConsumer Defensive 10.24 -
HealthcareHealthcare 10.36 -
UtilitiesUtilities 4.94 -
Top 10 Holdings 28/02/2025
Portfolio
Total Number of Equity Holdings 62
Total Number of Bond Holdings 0
Assets in Top 10 Holdings % 32.28
Product Name Sector Country/Region % of Assets
Microsoft Corp Technology Technology United States 5.69
Amazon.com Inc Consumer Cyclical Consumer Cyclical United States 3.62
NVIDIA Corp Technology Technology United States 3.28
TKO Group Holdings Inc Communication Services Communication Services United States 3.22
Johnson & Johnson Healthcare Healthcare United States 2.81
Autodesk Inc Technology Technology United States 2.79
Cheniere Energy Inc Energy Energy United States 2.77
Mastercard Inc Class A Financial Services Financial Services United States 2.76
Iberdrola SA Utilities Utilities Spain 2.69
Roche Holding AG Healthcare Healthcare Switzerland 2.65
Management Team
CompanyName Ninety One Luxembourg S.A.
Phone +352 28 12 77 20
Website www.ninetyone.com
Address 2-4 Avenue Marie-Thérèse, Luxembourg, L-2132



 
Domicile LUX
Legal Structure SICAV
UCITS Yes
Inception Date 29/06/2007
Fund Advisor(s)
Ninety One UK Limited
Fund Manager   Dan Hanbury
Manager Start Date   02/05/2023
Education  
Loughborough University
Biography  
Dan is a portfolio manager in the 4Factor team at Ninety One, and is based in London. He co-manages the Global Strategic Equity strategy. Prior to joining the firm, Dan was founding partner and portfolio manager at River and Mercantile Group (R&M) and was responsible for managing a of range of portfolios, including the UK Core and Income portfolios. He worked at R&M between 2006 and 2022. Before River and Mercantile Group, Dan was a portfolio manager at Investec Asset Management (now Ninety One) between 2000 and 2006, and was responsible for the UK High Alpha and UK Smaller Companies Funds. He was also a Global Industrials and Resources analyst. Dan began his career at Schroders on their Pan-European Capital Goods Team in 1996. Dan graduated from Loughborough University with a first class degree in Mechanical Engineering and is a member of the CFA® Institute.
Fund Manager   Rhynhardt Roodt
Manager Start Date   01/02/2022
Education  
Biography  
Rhynhardt is the head of the 4Factor investment team and co-portfolio manager of the Global Equity and Global Strategic Equity strategies. Over the years he has been responsible for the fundamental analysis of a broad range of listed companies, the portfolio management of a number of equity and multi-asset strategies, as well as driving the equity research agenda within these strategies. Rhynhardt initially joined the firm in 2004. Having left in 2008, he rejoined the firm in 2010 from Oryx Investment Management where he worked for two years as a research analyst and portfolio manager. He graduated from the University of Pretoria with a Bachelor of Commerce in Financial Management Sciences and a Bachelor of Commerce (Hons) in Investment Management (cum laude), before completing a Master’s degree in Financial Management (cum laude) at the University of Cape Town. Rhynhardt is also a CFA® Charterholder.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 1.50%

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