THREADNEEDLE UK EQUITY FUND RANGE GROWTH STRATEGIES

Transcription

1 THREADNEEDLE EQUITY FUND RANGE GROWTH STRATEGIES CORE FUND Threadneedle Fund MID-CAP EXPOSURE Threadneedle Mid 250 Fund HIGH CONVICTION Threadneedle Select Fund ENHANCED ALPHA Threadneedle Extended Alpha Fund ABSOLUTE RETURNS Threadneedle Absolute Alpha Fund SUSTAINABLE INVESTING Threadneedle Ethical Equity Fund SMALLER COMPANIES EXPOSURE Threadneedle Smaller Companies Fund UNCONSTRAINED Threadneedle Growth & Income Fund

2 Threadneedle Equity Fund Range Growth Strategies INVESTING IN EQUITIES The broad range of businesses on offer and the familiarity of many of the companies featured make the market an attractive option for novices and highly sophisticated investors alike. Our Equity team takes a collaborative approach to investing, primarily focusing on bottom-up stock fundamentals, while also leveraging the wider macro and thematic resources from across the investment teams at Columbia Threadneedle Investments. Our Equity team s investment philosophy places valuation at the heart of the process, exploiting short-term market volatility to capture longer-term valuation opportunity. The team manages a variety of equity strategies, including core, alpha, high alpha, income, mid 250, smaller companies, long-short and ethical portfolios. OUR EQUITY PHILOSOPHY n We believe that markets are inefficient. n We place valuation at the heart of our investment process. n We use short-term volatility in the market to exploit the long-term valuation opportunity. n By constructing a diversified portfolio we seek to deliver consistent and strong risk adjusted returns through the cycle. Capital growth should be a key requirement for any investor s portfolio. We believe our compelling suite of growth funds cater to a range of risk appetites. Equities Desk 2

3 Threadneedle Equity Fund Range Growth Strategies WHY COLUMBIA THREADNEEDLE INVESTMENTS? n Large and experienced team - our Equity team includes 10 investment professionals with an average of 16 years experience, a client portfolio manager and two dedicated dealers. The team has over 21bn of assets under management* n Balanced risk approach - central to all parts of the investment process and independently monitored by a dedicated risk team n Collaborative approach - the investment process of each fund in the range leverages the stock ideas generated by the team as well as our wider macro and thematic thinking n Strong track record - 97% of our actively managed equity strategies have outperformed over 10 years ** WHY EQUITY GROWTH? Investors with a long-term time horizon and no need for regular income often opt for growth funds. Because these funds do not have a yield target, they can invest more of their capital in areas of the market that pay lower dividends. This gives them the potential to deliver strong growth via share price appreciation. *Source: Columbia Threadneedle Investments as at **Source: Columbia Threadneedle Investments as at Total Equity funds managed by Threadneedle Asset Management Limited outperforming their relevant benchmark (Peer group or index), in GBP, including segregated accounts/portfolios, weighted by AUM. Fund performance relative to peer group median (source: Morningstar) calculated using official prices with income reinvested, net of assumed fees and expenses excluding initial charges. Fund performance relative to index is gross of total expenses using global close authorised valuations based on in-house calculated transactions with cash flow at start of day. Past performance is not a guide to future performance. 3

4 Threadneedle Equity Fund Range Growth Strategies OUR EQUITY GROWTH FUNDS Our experienced and resourced Equity team manage a broad range of growth strategies. ABSOLUTE RETURN Threadneedle Absolute Alpha SUSTAINABLE INVESTING Threadneedle Ethical Equity ENHANCED ALPHA Threadneedle Extended Alpha SMALLER COMPANIES EXPOSURE Threadneedle Smaller Companies CORE FUND Threadneedle Fund HIGH CONVICTION Threadneedle Select UNCONSTRAINED Threadneedle Growth & Income MID-CAP EXPOSURE Threadneedle Mid 250 Our growth funds are managed for total return using a research-driven approach to identify the best opportunities for our porfolios. Chris Kinder, Fund Manager 4

5 Threadneedle Equity Fund Range Growth Strategies IA SECTOR FUND MANAGER(S) INDEX TYPICAL NO OF HOLDINGS TRACKING ERROR (3 YR) ACTIVE SHARE* RATINGS** THREADNEEDLE FUND Core Fund Chris Kinder FTSE All-Share Total Return % 62.0% Chris Kinder Mainstream fund A THREADNEEDLE MID 250 Mid-cap exposure Concentrated, quality growth bias fund James Thorne & Philip Macartney FTSE 250x Investment Trusts Total Return % 87.0% James Thorne THREADNEEDLE SELECT High conviction Mark Westwood FTSE All-Share Total Return % 64.8% Mark Westwood Focused, best ideas fund THREADNEEDLE EXTENDED ALPHA Enhanced alpha Chris Kinder FTSE All-Share Total Return % N/A Chris Kinder Flexible long/short strategy fund THREADNEEDLE ABSOLUTE ALPHA Absolute returns Aims to generate returns irrespective of market conditions Targeted Absolute Return Mark Westwood & Chris Kinder N/A % N/A Mark Westwood Chris Kinder THREADNEEDLE ETHICAL FUND Sustainable Investing James Thorne MSCI IMI extended SRI N/A N/A James Thorne Concentrated, socially responsible investment Fund THREADNEEDLE SMALLER COMPANIES Smaller companies exposure Smaller Companies James Thorne Numis Small Co ex IT Index % 90.7% James Thorne Balanced growth with strong valuation discipline THREADNEEDLE GROWTH & INCOME Uncontrained All Companies Richard Colwell FTSE All-Share Total Return % 78.2% Richard Colwell Unconstrained, contrarian bias fund Source: Columbia Threadneedle Investments. *Active Share as at **Ratings as at Past performance is not a guide to future performance. The fund characteristics described above are internal guidelines (rather than limits and controls). They do not form part of the fund s objective and policy and are subject to change without notice in the future. All intellectual property rights in the brands and logos set out in this slide are reserved by respective owners. 5

6 Threadneedle Equity Fund Range Growth Strategies EQUITIES TEAM EXPERIENCED AND RESOURCED RICHARD COLWELL Head of Equities 26 years experience JONATHAN BARBER Income 26 years experience JEREMY SMITH Core, Income and Head of Research 22 years experience JAMES THORNE Small and Mid Cap 18 years experience MARK WESTWOOD High Alpha and Absolute 18 years experience CHRIS KINDER Core, Alpha and Absolute 15 years experience SONAL SAGAR Analyst 11 years experience PHILIP MACARTNEY Absolute and Mid Cap 9 years experience STACEY CASSIDY Analyst 8 years experience CRAIG ADEY Analyst 5 years experience CAROLINE CANTOR Client Portfolio Manager 7 years experience DOMINIC YOUNGER Client Portfolio Analyst 4 years experience Source: Columbia Threadneedle Investments as at

7 Threadneedle Equity Fund Range Growth Strategies KEY RISKS Fund Growth and Income Fund Select Fund Smaller Companies Fund Ethical Equity Fund Absolute Alpha Fund Extended Alpha Fund Mid 250 Fund Investment risk: The value of investments can fall as well as rise and investors might not get back the sum originally invested Currency risk: Where investments are in assets that are denominated in multiple currencies, or currencies other than your own, changes in exchange rates may affect the value of the investments No Capital Guarantee: Positive returns are not guaranteed and no form of capital protection applies Counterparty Risk: The fund may enter into financial transactions with selected counterparties. Any financial difficulties arising at these counterparties could significantly affect the availability and the value of fund assets Liquidity Risk: The fund holds assets which could prove difficult to sell. The fund may have to lower the selling price, sell other investments or forego more appealing investment opportunities Effect of Portfolio Concentration: The Fund has a concentrated portfolio (holds a limited number of investments and/or has a restricted investment universe) and if one or more of these investments declines or is otherwise affected, it may have a pronounced effect on the fund s value Valuation Risk: The fund s assets may sometimes be difficult to value objectively and the actual value may not be recognised until assets are sold Short Selling Risk: Short selling intends to make a profit from falling prices. However if the value of the underlying investment increases, the value of the short position will decrease. The potential losses are unlimited as the prices of the underlying investments can increase very significantly in a short space of time Investment in Derivatives: The Investment Policy of the fund allows it to invest materially in derivatives. Leverage Risk: Leverage amplifies the effect that a change in the price of an investment has on the fund s value. As such, leverage can enhance returns to investors but can also increase losses, including losses in excess of the amount invested Derivatives for EPM / Hedging: The investment policy of the fund allows it to invest in derivatives for the purposes of reducing risk or minimising the cost of transactions Volatility Risk: The fund may exhibit significant price volatility High Volatility Risk: The fund typically carries a risk of high volatility due to its portfolio composition or the portfolio management techniques used. This means that the fund s value is likely to fall and rise more frequently and this could be more pronounced than with other funds 7

8 To find out more visit COLUMBIATHREADNEEDLE.CO./EQUITIES or call * *Please note. We record calls for your protection and to improve our standards To find out more visit columbiathreadneedle.co.uk/ukequities Important Information For internal use by Professional and/or Qualified Investors only (not to be used with or passed on to retail clients). Past performance is not a guide to future performance. The value of investments and any income is not guaranteed and can go down as well as up and may be affected by exchange rate fluctuations. This means that an investor may not get back the amount invested. Threadneedle Investment Funds ICVC ( TIF ) is an open-ended investment company structured as an umbrella company, incorporated in England and Wales, authorised and regulated in the by the Financial Conduct Authority (FCA) as a UCITS scheme. Certain sub-funds of TIF are registered for public offer in Austria, Belgium, Finland, France, Germany, Hong Kong, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland,Taiwan and the. Shares in the Funds may not be offered to the public in any other country and this document must not be issued, circulated or distributed other than in circumstances which do not constitute an offer to the public and are in accordance with applicable local legislation. Threadneedle Specialist Investment Funds ICVC ( TSIF ) is an open-ended investment company structured as an umbrella company, incorporated in England and Wales, authorised and regulated in the by the Financial Conduct Authority (FCA) as a UCITS scheme.certain sub-funds of TSIF are registered for public offer in Austria, Belgium, France, Germany, Hong Kong, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Singapore, Spain, Switzerland, Sweden, Taiwan and the. Shares in the Funds may not be offered to the public in any other country and this document must not be issued, circulated or distributed other than in circumstances which do not constitute an offer to the public and are in accordance with applicable local legislation. This material is for information only and does not constitute an offer or solicitation of an order to buy or sell any securities or other financial instruments, or to provide investment advice or services Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Subscriptions to a Fund may only be made on the basis of the current Prospectus and the Key Investor Information Document, as well as the latest annual or interim reports and the applicable terms & conditions. Please refer to the Risk Factors section of the Prospectus for all risks applicable to investing in any fund and specifically this Fund. The above documents are available in English only and may be obtained free of charge on request from Columbia Threadneedle Investments at PO Box 10033, Chelmsford, Essex CM99 2AL. This document is not investment, legal, tax, or accounting advice. Investors should consult with their own professional advisors for advice on any investment, legal, tax, or accounting issues relating an investment with Columbia Threadneedle Investments. The fund characteristics described above are internal guidelines (rather than limits and controls). They do not form part of the fund s objective and policy and are subject to change without notice in the future. The analysis included in this document has been produced by Columbia Threadneedle Investments for its own investment management activities, may have been acted upon prior to publication and is made available here incidentally. Any opinions expressed are made as at the date of publication but are subject to change without notice and should not be seen as investment advice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be Guaranteed. Issued by Threadneedle Investment Services Limited. Registered in England and Wales, Registered No , Cannon Place, 78 Cannon Street, London EC4N 6AG. Authorised and regulated in the by the Financial Conduct Authority. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. columbiathreadneedle.com Issued Valid to J