Morningstar® Fund Report™|24/08/2025 |
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Performance History | 31/07/2025 |
Growth of 1,000(USD) | |
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• | Fund | 17.01 | -14.85 | 15.70 | 16.71 | 8.51 |
• | +/-Cat | -0.17 | -2.98 | 2.01 | 8.26 | -3.87 |
• | +/-Idx | -2.24 | -9.71 | 4.68 | 5.34 | -3.75 |
Category: Global Equity Income | ||||||
Index: Morningstar Global Markets High Dividend Yield NR USD | ||||||
Trailing Returns | 22/08/2025 | |||||
Fund | +/-Idx | |||||
YTD | 10.27 | -6.88 | ||||
3 Years | 42.86 | -4.90 | ||||
5 Years | 61.38 | -26.89 | ||||
10 Years | 108.58 | -33.30 | ||||
12 Month Yield | - | |||||
Dividend Paying Frequency | Monthly | |||||
Key Stats | ||
Morningstar Category
Global Equity Income
Morningstar Rating™

ISIN
LU1116320737
NAV 22/08/2025
USD 9.3700
Day Change
0.32%
Total Net Assets (mil)
31/07/2025
USD 10665.65
USD 10665.65
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Muzo Kayacan
Andrew Huzzey
Robert Fisher
Inception Date
08/10/2014
Benchmark | ||||
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Investment strategy |
The Fund seeks to generate a high level of income. The Fund invests globally, with no prescribed country or regional limits, at least 70% of its total assets in equity securities. In order to achieve its investment objective and policy, the Fund will invest in a variety of investment strategies and instruments. In particular, the Fund will use quantitative (i.e. mathematical or statistical) models in order to achieve a systematic (i.e. rule based) approach to stock selection. This means that stocks will be selected based on their expected contribution to portfolio returns when risk and transaction cost forecasts are taken into account. |
Portfolio Profile | 31/07/2025 |
Morningstar Style Box®_Morningstar: | |||||
Equity Style | |||||
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Morningstar Style Box®_Morningstar: | |||||
Fixed Income Style | |||||
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Top 5 Holdings | Sector | % |
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12.39 |
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4.76 |
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3.89 |
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2.93 |
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2.63 |
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For the market value of financial derivatives, Morningstar's calculation method includes the nominal value of derivative agreements to reflect position-holding (position) for your reference. If the position-holding ranking calculated by Morningstar shall be different from that published by the fund company, the ranking in the monthly report (click here) by the fund company shall prevail. |
Annual Returns | 31/07/2025 | |||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
Total Return | -9.47 | 17.27 | 8.86 | 17.01 | -14.85 | 15.70 | 16.71 | 8.51 |
+/- Category | 1.94 | -4.35 | 3.73 | -0.17 | -2.98 | 2.01 | 8.26 | -3.87 |
+/- Index | 0.87 | -3.43 | 8.38 | -2.24 | -9.71 | 4.68 | 5.34 | -3.75 |
% Rank (Rel to Cat) | 31 | 88 | 30 | 55 | 72 | 33 | 9 | 57 |
Trailing Returns | 22/08/2025 | |||
Total Return | +/- Category | +/- Index | ||
1 Day | 0.32 | -0.71 | -0.89 | |
1 Week | 0.21 | -0.57 | -1.00 | |
1 Month | 1.37 | -1.15 | -2.15 | |
3 Months | 5.12 | -1.77 | -5.14 | |
6 Months | 5.23 | -4.91 | -6.31 | |
YTD | 10.27 | -6.40 | -6.88 | |
1 Year | 12.22 | -1.93 | -5.43 | |
3 Years | 42.86 | -1.58 | -4.90 | |
5 Years | 61.38 | -7.72 | -26.89 | |
10 Years | 108.58 | -9.46 | -33.30 | |
Category:Global Equity Income | ||||
Index:Morningstar Global Markets High Dividend Yield NR USD |
Quarterly Returns | 31/07/2025 | |||
Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
2025 | 0.34 | 7.13 | - | - |
2024 | 7.35 | 3.72 | 5.03 | -0.20 |
2023 | 5.05 | 4.03 | -2.22 | 8.27 |
2022 | -3.92 | -12.56 | -6.21 | 8.05 |
Dividend | 22/08/2025 |
12 Month Yield | - |
2025 | 0.39 |
2024 | 0.63 |
2023 | 0.65 |
2022 | 0.65 |
Morningstar Rating™ | 31/07/2025 |
3-Year |
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5-Year |
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10-Year |
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Overall |
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Volatility Measurements | 31/07/2025 | |||||||||||||||||||||||||
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Investment Style Details | 31/07/2025 | |||||||||||||||||||||||||||||||||||||||
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Category: Global Equity Income | ||||||||||||||||||||||||||||||||||||||||
Fixed Income Style | - | ||||||||||||||||||||||||||||||||
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Category: Global Equity Income |
AssetAllocation | 31/07/2025 |
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World Regions | 31/07/2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||
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Category: Global Equity Income |
Stock Sector Weightings | 31/07/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Category: Global Equity Income |
Top 10 Holdings | 31/07/2025 |
Portfolio | |
Total Number of Equity Holdings | 381 |
Total Number of Bond Holdings | 0 |
Assets in Top 10 Holdings % | 36.78 |
Product Name | Sector | Country/Region | % of Assets | ||
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United States | 12.39 | ||
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United States | 4.76 | ||
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United States | 3.89 | ||
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United States | 2.93 | ||
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Japan | 2.63 | ||
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United States | 2.38 | ||
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United States | 2.00 | ||
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United States | 1.99 | ||
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United States | 1.93 | ||
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United States | 1.89 | ||
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Category: Global Equity Income | |||||
For the market value of financial derivatives, Morningstar's calculation method includes the nominal value of derivative agreements to reflect position-holding (position) for your reference. If the position-holding ranking calculated by Morningstar shall be different from that published by the fund company, the ranking in the monthly report (click here) by the fund company shall prevail. |
Management Team | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
Muzo Kayacan, CFA, Vice President and Portfolio Manager, is a member of the Europe Equities team in the Scientific Active Equity division of BlackRock's Portfolio Management Group. He is responsible for managing the European Alpha Advantage and Long-only Funds. Prior to joining Blackrock in 2010, Mr. Kayacan was a Senior Associate Portfolio Manager at AllianceBernstein, where he was responsible for implementing investment decisions in Global Developed and Emerging Markets institutional equity portfolios, as well implementing active and passive currency hedging strategies. From 2005-2007 he completed a graduate training scheme with M&G, followed by a role in the product development team. Before joining M&G he was a futures trader. Mr Kayacan earned a bachelors degree in Psychology from Warwick University in 2003. He is a CFA charterholder. | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
Robert Fisher, CFA, Director and senior portfolio manager, is a member of the European Equities team in the Scientific Active Equity division of BlackRock's Portfolio Management Group. He is responsible for managing Market Neutral strategies. Mr. Fisher's service with the firm dates back to 2001, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he served as a senior portfolio manager within the European Scientific Equity team. Prior to joining BGI, he worked at the Bank of New York, Europe. Mr. Fisher earned a masters in aeronautical & astronautical engineering from Southampton University in 1999. |
Fees and Expenses | ||||||||||||
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