The Value Puzzle

James and Clive break the portfolio down into its sector pieces, highlighting the tremendous value across the Fund.

  • James Lowen
  • Clive Beagles
14 Jun 2020
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  • Completing the value puzzle – we have broken our portfolio down into its sector pieces to highlight the tremendous value we see across the Fund.
  • Our sector-by-sector review provides a detailed insight into the compelling valuations of our companies and the quality that permeates the portfolio.
  • The stretched relationship between value and growth styles should normalise as economies stabilise as global lockdowns are eased. 


Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation. The Fund’s investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.

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