The K2 Global Equities Fund is an international equity fund focused on finding the best stocks and ideas from around the globe.
The fund aims to deliver capital growth over the long-term by seeking out opportunities in undervalued companies in all market cycles. The fund invests in globally listed stocks. Typically the fund will hold between 80 and 120 different stocks, but if deemed appropriate the fund may hold up to 100% cash. The fund can buy Long and sell Short when seeking out investment opportunities and there is no predetermined capital allocation to any geographic region or industry sector.
The investment team's ability to pick major investment themes, or 'catalysts', in a timely manner is a key competitive advantage. The stock selection process is based on the investment manager's own primary research and direct contact with companies.
The portfolio of stocks is constructed in a non-benchmark method. The fund doesn't focus on under or
over weights. Geographic exposure doesn't reflect the MSCI weighting. The portfolio is constructed on
the best ideas generated by the portfolio managers.
K2 is focused on delivering strong positive returns in good markets and capital protection in the
To do this K2 believes in empowering the fund managers to make active calls for the clients to protect
the capital when necessary and increase exposure when appropriate.
The Fund actively manages currency exposure with the aim of using hedging to reduce the risk of currency movement and protect stock returns. The level of hedging will depend on K2's expectation of future currency exchange rate movements.
The fund aims to deliver capital growth over the long term by seeking out opportunities in undervalued companies in all market cycles.