Nikko AM Global Share Fund received a
‘Bronze’ Morningstar Analyst RatingTM
on 3 March 2019

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Our investment strategy is to identify future quality

The Nikko AM Global Share Fund gains exposure to global equities by investing in the Nikko AM Global Equity Fund. The Global Equity team of Nikko Asset Management Europe is the investment manager of this Strategy. The Strategy will hold between 40-60 stocks, weighted to reflect the alpha conviction in individual holdings.

The team believes that alpha can be sourced from any company across the geographical and market capitalisation spectrum. They identify ‘future quality’ businesses—i.e. those with, or with a path to, high and sustainable returns which are under-appreciated by the market.

The Nikko AM Global Share Fund is designed for investors looking for investment opportunities not available, or not well represented in Australia that are expected to provide long-term capital growth. Minimum initial investment is $20,000.

Investment Objective

The Fund aims to achieve capital growth over the long term, with total returns (before fees, expenses and taxes) 3% above the MSCI All Country World Index (with net dividends reinvested) expressed in Australian Dollars (unhedged) over rolling three-year periods.

Exposure to a global portfolio of best ideas

The Strategy’s investible universe comprises of around 5,000 globally-listed companies within developed and emerging markets, across all sectors.

High conviction, high active share strategy

The Global Equity team believes that high conviction investment ideas are best reflected in a concentrated portfolio. An active share of 80%-95% indicates that portfolios match the team’s stock picking convictions.

Experienced team

With an average of 19 years’ industry experience, the Global Equity team members are seasoned investors with proven analytical and portfolio management skills.

In-depth proprietary research

Research and long-term forecasting is done by the team using their proven and disciplined process.

Long track record

The Global Equity team has a proven threeyear global track record, which continues a long record that the senior managers have had managing multi-geography portfolios since 2001.

Strategy characteristics

  • High conviction global share strategy
  • 40-60 stocks - weighted to reflect the alpha conviction in individual stock selections
  • Benchmark and style agnostic
  • Active share of 80% - 95%
  • Targets excess return of 3% pa before fees, tax and expenses over a full investment cycle
Inception Date November 1995
Benchmark MSCI All Country World Index (with net dividends reinvested) expressed in Australian Dollars (unhedged)#
Management Cost 0.99%
Minimum initial investment* $10,000
Minimum additional investment* $1,000
Distribution frequency^ Quarterly

* Nikko Asset Management Australia Limited ABN 34 002 542 038 AFSL 229664 (Nikko AM Australia), is the Responsible Entity and issuer of units in the Fund and may accept lower amounts at any time at its discretion.
^ Fund returns can be volatile. Nikko AM Austalia does not guarantee to provide distributions, or the amount of distributions.
# Benchmark: MSCI All Country World Index (with net dividends reinvested) expressed in Australian Dollars (unhedged). Prior to the 18 August 2016 the Benchmark was the MSCI All Countries World Ex-Australia Index (with net dividends reinvested) expressed in AUD (unhedged). Prior to 15 July 2015 the Benchmark was the MSCI World ex-Australia Index (with net dividends re-invested) expressed in AUD (unhedged). Prior to 1 October 2005, the index was the MSCI World Index (net dividends reinvested) expressed in AUD (unhedged).

Fund total return figures are calculated using redemption prices, net of fees, assume the reinvestment of distributions and do not take into account taxation.

For periods to {{dateFormat data.performanceDate 'j F Y'}}

Source: BNP Paribas.
Inception Date: November 1995
The value of an investment can rise and fall and past performance is not indicative of future performance. Investment in a fund is not guaranteed. The value of investments will fluctuate up and down with the assets of the fund.

View Unit Price/Performance/Distribution
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William Low

William Low,
Head of Global Equity

Greig Bryson

Greig Bryson,
Investment Director

Iain Fulton

Iain Fulton,
Investment Director

James Kinghorn

James Kinghorn,
Investment Director

Johnny Russell

Johnny Russell,
Investment Director

Research House Disclaimers
Lonsec The Lonsec Rating (assigned February 2019) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to “wholesale clients” (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Nikko AM Limited product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

© 2018 Morningstar, Inc. All rights reserved. Nikko AM Global Share Fund received a ‘Bronze’ Morningstar Analyst Rating™ on 4 March 2018. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser.

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned November 2018), referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at www.zenithpartners.com.au/regulatory-guidelines-funds-research

Date CPU Taxable Components
2016 June 0.947900 Fund Notice
March 0.000000 Fund Notice

The distribution amount will vary between distribution periods and is not guaranteed.

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The Nikko AM Global Share Fund

The Nikko AM Global Share Fund is actively managed to seek out “future quality”. Hear from portfolio manager Iain Fultan who explains the concept.





Global Equity - Thought Leaders Series, Part 1

William Low, Head of Global Equities discusses the role of pragmatism and free-thinking and how these concepts can be applied to investing.





Global Equity - Thought Leaders Series, Part 2

William Low, Head of Global Equities discusses the role of pragmatism and free-thinking and how these concepts can be applied to investing.

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