Seeking exposure to high quality, high growth global companies

 

What the Walter Scott Global Equity Fund offers

Quality global exposure

Seeking high quality global companies with strong growth characteristics

Conservative investment approach

Access Walter Scott’s conservative, team-based approach

Defensive investing

Potential for high returns over a full market cycle, with lower risk than the benchmark

All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying assets. Generally, the higher the potential return of an investment, the greater the risk.

The risks of investing in the fund include:

  • Investment risk: The fund has exposure to share markets. The risk of an investment in the fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unitholders may fluctuate, as may the fund's unit price. The unit price may vary by material amounts, even over short periods of time, including during the period between a redemption request being made and the time the redemption unit price is calculated.
  • Market risk: Share markets can be volatile, and have the potential to fall by large amounts over short periods of time. The investments of the fund are likely to have a broad correlation with share markets in general, and hence poor performance or losses in domestic and/or global share markets are likely to impact negatively on the overall performance of the fund.
  • Concentration risk: The fund may have exposure to a small number of key investments. This may result in the returns of the fund being dependent on the returns of individual companies and industry sectors. This concentration of exposures may increase the volatility of the fund’s unit price, and increase the risk of poor performance. It may also result in the fund’s returns differing significantly from its benchmark.

For a full description of the risks of investing in the fund, you should read the Product Disclosure Statement before deciding to invest. 

Video insights from Walter Scott

Walter Scott Global Equity Fund

24 Mar 2017

Watch this short video to hear from Walter Scott’s Investment Director, Roy Leckie, as he provides insight into their unique approach to investing and commitment to delivering long-term returns.

Detailed fund information

Walter Scott Partners Limited (Walter Scott) is a specialist global investment manager based in Edinburgh, Scotland. Walter Scott was established in 1983 and is a classical, fundamental and long-term growth manager, committed to an active bottom-up investment strategy.

The Walter Scott Global Equity Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested (Benchmark).

Walter Scott scours the global markets for what it believes are the world’s best companies. Its fundamental, bottom-up investment approach combines detailed financial analysis with business and industry analysis.

Walter Scott's selective stock picking and ability to target companies capable of sustainable wealth generation has created a concentrated portfolio of stocks Walter Scott believes offer high growth potential.

Walter Scott believes that companies capable of generating strong and sustained earnings growth over long periods typically exhibit key strengths such as:

  • high return on equity
  • high free cash flow, and
  • high earnings growth.

Walter Scott's fundamental bottom-up investment approach combines detailed financial analysis with qualitative research in screening the global share universe for companies that are likely to meet its investment criteria.

The investment portfolio is constructed with a primary focus on stock-based analysis. Country and sector exposures are a consequence of the search for what are in Walter Scott’s view ‘the best companies operating in the best sectors’. As a result of this investment approach, the structure of the portfolio is likely to differ substantially from the composition of the Benchmark.

Walter Scott expects that on average, and based on long-term experience, 15 to 25 per cent or less of the stocks in the portfolio will be turned over each year, which reflects their long-term 'buy and hold' approach.

It is this long-term, classical and fundamental approach which defines Walter Scott's conservative style of growth investing.

Management fee: 1.28% pa of the net asset value of the Fund and inclusive of GST.

Read the Product Disclosure Statement for more details on fees and expenses that may be charged.

Generally annually

  • Lonsec1 – Recommended
  • Zenith2 – Recommended
  • Morningstar3 – four star Morningstar RatingTM (quantitative rating)
  • Morningstar3 – Silver Morningstar Analyst RatingTM (qualitative rating)

These reports are only available to licensed financial advisers on request. Please contact your local BDM.

Available on:

  • Advantage
  • AMP Advantage
  • AMP Flexible Lifetime
  • AMP Personalised Portfolio Service
  • Asgard
  • Ausmaq
  • Australian Executor Trustees
  • BT Panorama
  • BT Wrap
  • Experts Choice
  • Federation
  • FirstWrap
  • GrowWrap
  • Hub 24
  • IOOF Pursuit
  • Macquarie Accumulator
  • Macquarie Wrap
  • MLC Wrap
  • Netwealth
  • North
  • Oasis
  • PortfolioCare
  • PortfolioOne
  • Praemium
  • Summit
  • Suncorp Wealthsmart
  • uXchange 

You can also choose to invest in a hedged version of the fund. Macquarie will use currency hedging to reduce the fund’s exposure to foreign currency movements.

Download the product documents.

Product Disclosure Statement

Information Booklet

Application Form

Latest performance report

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