Ninety One Global Strategic Equity Class I Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
30/06/24 to 30/06/25 |
|
|---|---|---|---|---|---|
| Fund | 29.7% | -10.1% | 14.9% | 19.2% | 9.4% |
| Sector | 25.9% | -8.8% | 10.8% | 14.9% | 4.6% |
| Rank | 179/416 | 225/452 | 146/495 | 164/518 | 144/540 |
| Quartile | 2 | 2 | 2 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/25 |
5 Years to 30/06/25 |
10 Years to 30/06/25 |
||
| Fund | 14.4% | 11.8% | 10.7% | |
| Sector | 10.0% | 8.9% | 9.6% | |
| Rank | 111/494 | 118/417 | 87/257 | |
| Quartile | 1 | 2 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORPORATION | 6.00 |
| NVIDIA CORPORATION | 4.76 |
| BROADCOM | 3.35 |
| AMAZON.COM | 3.15 |
| NINTENDO CO. | 2.93 |
| TKO GROUP HOLDINGS INC | 2.82 |
| AUTODESK | 2.76 |
| JOHNSON & JOHNSON | 2.67 |
| MASTERCARD INCORPORATED | 2.59 |
| JPMORGAN CHASE & CO | 2.53 |
| Total | 33.55 |
Fund Aims
The Fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The Fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies).
Fund Manager
Mark is Co-Head of 4Factor at Ninety One. He is the portfolio manager for the Global Strategic Equity Strategy. He joined the firm from Alliance Capital Management where he managed portfolios including the $500 million Worldwide Privatisation Fund, NYSE listed Southern Africa Fund, Spain Fund and Austria Fund. Prior to this, he managed developed market equity accounts for Brinson Partners (formerly First Chicago), following an initial three-year spell in research at Vickers da Costa. Mark graduated with a Bachelor of Arts (Hons) degree in Economics.
Dan is a portfolio manager within the 4Factor team at Ninety One, and is based in London.
Prior to joining the firm, Dan was Partner and Portfolio Manager at River and Mercantile Group and was responsible for managing a of range of multi-capitalisation and small capitalisation portfolios. He was also a founding partner of R&M (2006-2022).
Before River and Mercantile Group, Dan was a portfolio manager at Investec Asset Management (now Ninety One) (2000-2006) responsible for the UK High Alpha and UK Smaller Companies Funds. He was also a Global Industrials and Resources analyst. Dan began his career at Schroders on their Pan-European Capital Goods Team in 1996.
Dan graduated from Loughborough University with a first class degree in Mechanical Engineering and is a member of the CFA® Institute.
Rhynhardt is the Co-Head of 4Factor and co-portfolio manager for the 4Factor Global Equity, Global Dynamic Equity and Global Strategic Equity Strategies at Ninety One.
He was previously the Co-Head of SA Equity & Multi-Asset. Over the years he has been responsible for the fundamental analysis of a broad range of listed companies, the portfolio management of a number of equity and multi-asset strategies as well as driving the equity research agenda within these strategies. Rhynhardt initially joined the firm in 2004. Having left in 2008, he rejoined the firm in 2010 from Oryx Investment Management where he worked for two years as a research analyst and portfolio manager.
He graduated from the University of Pretoria with a Bachelor of Commerce in Financial Management Sciences and a Bachelor of Commerce (Hons) in Investment Management (cum laude), before completing a Master’s degree in Financial Management (cum laude) at the University of Cape Town. Rhynhardt is also a CFA® Charterholder.
Fund Overview
| Mid (15/07/2025) | 456.54p |
| Historic yield | 0.77% |
| Fund size (30/04/2025) | £294.36m |
| Number of holdings | 55 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
| Launch date | 01/06/2007 |
Asset Allocation
| International Equities | 88.41% | |
| UK Equities | 8.63% | |
| Cash and Equivalents | 0.65% | |
| Other Assets | 2.31% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 88.41% | |
| UK Equities | 8.63% | |
| Cash and Equivalents | 0.65% | |
| Other Assets | 2.31% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 24.31% | - | - | - | |
| Technology | - | 24.31% | - | - | |
| Software & Computer Services | - | - | 12.98% | - | |
| Software | - | - | - | 8.76% | |
| Consumer Digital Services | - | - | - | 3.57% | |
| Computer Services | - | - | - | 0.65% | |
| Technology Hardware & Equipment | - | - | 11.33% | - | |
| Semiconductors | - | - | - | 9.46% | |
| Computer Hardware | - | - | - | 1.88% | |
| Consumer Discretionary | 17.97% | - | - | - | |
| Consumer Products & Services | - | 5.41% | - | - | |
| Leisure Goods | - | - | 4.58% | - | |
| Electronic Entertainment | - | - | - | 4.58% | |
| Personal Goods | - | - | 0.84% | - | |
| Footwear | - | - | - | 0.84% | |
| Retail | - | 5.33% | - | - | |
| Retailers | - | - | 5.33% | - | |
| Diversified Retailers | - | - | - | 3.15% | |
| Specialty Retailers | - | - | - | 2.19% | |
| Media | - | 2.82% | - | - | |
| Media | - | - | 2.82% | - | |
| Entertainment | - | - | - | 2.82% | |
| Travel & Leisure | - | 2.22% | - | - | |
| Travel & Leisure | - | - | 2.22% | - | |
| Airlines | - | - | - | 1.57% | |
| Recreational Services | - | - | - | 0.65% | |
| Automobiles & Parts | - | 2.19% | - | - | |
| Automobiles & Parts | - | - | 2.19% | - | |
| Automobiles | - | - | - | 2.19% | |
| Financials | 12.49% | - | - | - | |
| Banks | - | 8.36% | - | - | |
| Banks | - | - | 8.36% | - | |
| Banks | - | - | - | 8.36% | |
| Insurance | - | 2.51% | - | - | |
| Non-life Insurance | - | - | 1.74% | - | |
| Property & Casualty Insurance | - | - | - | 1.74% | |
| Life Insurance | - | - | 0.77% | - | |
| Life Insurance | - | - | - | 0.77% | |
| Financial Services | - | 1.61% | - | - | |
| Finance & Credit Services | - | - | 1.61% | - | |
| Financial Data & Systems | - | - | - | 1.61% | |
| Industrials | 10.51% | - | - | - | |
| Industrial Goods & Services | - | 10.51% | - | - | |
| General Industrials | - | - | 2.91% | - | |
| Containers & Packaging | - | - | - | 2.24% | |
| Diversified Industrials | - | - | - | 0.67% | |
| Industrial Support Services | - | - | 2.59% | - | |
| Transaction Processing Services | - | - | - | 2.59% | |
| Aerospace & Defence | - | - | 2.02% | - | |
| Defense | - | - | - | 2.02% | |
| Industrial Transportation | - | - | 1.71% | - | |
| Railroads | - | - | - | 1.71% | |
| Industrial Engineering | - | - | 1.28% | - | |
| Machinery: Industrial | - | - | - | 1.28% | |
| Consumer Staples | 9.69% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 5.08% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 5.08% | - | |
| Food Retailers & Wholesalers | - | - | - | 3.32% | |
| Personal Products | - | - | - | 1.75% | |
| Food, Beverage & Tobacco | - | 4.61% | - | - | |
| Beverages | - | - | 3.20% | - | |
| Soft Drinks | - | - | - | 2.24% | |
| Distillers & Vintners | - | - | - | 0.95% | |
| Food Producers | - | - | 1.41% | - | |
| Food Products | - | - | - | 1.41% | |
| Health Care | 8.54% | - | - | - | |
| Health Care | - | 8.54% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 4.73% | - | |
| Pharmaceuticals | - | - | - | 4.73% | |
| Medical Equipment & Services | - | - | 1.98% | - | |
| Medical Services | - | - | - | 1.98% | |
| Health Care Providers | - | - | 1.83% | - | |
| Health Care Management Services | - | - | - | 1.83% | |
| Basic Materials | 5.78% | - | - | - | |
| Basic Resources | - | 5.78% | - | - | |
| Precious Metals & Mining | - | - | 4.47% | - | |
| Gold Mining | - | - | - | 4.47% | |
| Industrial Metals & Mining | - | - | 1.31% | - | |
| General Mining | - | - | - | 1.31% | |
| Real Estate | 3.02% | - | - | - | |
| Real Estate | - | 3.02% | - | - | |
| Real Estate Investment & Services | - | - | 3.02% | - | |
| Real Estate Services | - | - | - | 1.57% | |
| Real Estate Holding and Development | - | - | - | 1.45% | |
| Utilities | 2.77% | - | - | - | |
| Utilities | - | 2.77% | - | - | |
| Electricity | - | - | 2.77% | - | |
| Conventional Electricity | - | - | - | 2.77% | |
| Non-Classified | 2.31% | - | - | - | |
| Non-Classified | - | 2.31% | - | - | |
| Non-Classified | - | - | 2.31% | - | |
| Non-Classified | - | - | - | 2.31% | |
| Energy | 1.95% | - | - | - | |
| Energy | - | 1.95% | - | - | |
| Non-Renewable Energy | - | - | 1.95% | - | |
| Pipelines | - | - | - | 1.95% | |
| Cash and Equivalents | 0.65% | - | - | - | |
Regional Allocation
| North America | 61.25% | |
| Developed Europe - Excl UK | 12.97% | |
| UK | 8.63% | |
| Japan | 6.75% | |
| Developed Asia | 2.56% | |
| Non-Classified | 3.08% | |
| Australia & New Zealand | 2.24% | |
| Emerging Asia | 1.85% | |
| Cash and Equivalents | 0.65% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.36% | |
| Cash | 0.61% | |
| US Dollar | 0.03% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 61.25% | - | |
United States
|
- | 56.68% | |
Canada
|
- | 4.57% | |
| Developed Europe - Excl UK | 12.97% | - | |
Germany
|
- | 5.15% | |
Switzerland
|
- | 2.90% | |
Spain
|
- | 1.80% | |
Austria
|
- | 1.60% | |
Italy
|
- | 0.97% | |
Netherlands
|
- | 0.55% | |
| UK | 8.63% | - | |
United Kingdom
|
- | 8.63% | |
| Japan | 6.75% | - | |
Japan
|
- | 6.75% | |
| Developed Asia | 2.56% | - | |
Hong Kong
|
- | 2.56% | |
| Non-Classified | 3.08% | - | |
| Australia & New Zealand | 2.24% | - | |
Australia
|
- | 2.24% | |
| Emerging Asia | 1.85% | - | |
China
|
- | 0.95% | |
South Korea
|
- | 0.90% | |
| Cash and Equivalents | 0.65% | - | |
Breakdown By Market Cap (%)
| Mega |
|
46.59% |
| Large |
|
13.67% |
| Medium |
|
6.60% |
| Non-Classified |
|
32.49% |
| Cash |
|
0.65% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORPORATION | 6.00% | Software & Computer Services | United States |
| 2 | NVIDIA CORPORATION | 4.76% | Technology Hardware & Equipment | United States |
| 3 | BROADCOM | 3.35% | Technology Hardware & Equipment | United States |
| 4 | AMAZON.COM | 3.15% | Retailers | United States |
| 5 | NINTENDO CO. | 2.93% | Leisure Goods | Japan |
| 6 | TKO GROUP HOLDINGS INC | 2.82% | Media | United States |
| 7 | AUTODESK | 2.76% | Software & Computer Services | United States |
| 8 | JOHNSON & JOHNSON | 2.67% | Pharmaceuticals & Biotechnology | United States |
| 9 | MASTERCARD INCORPORATED | 2.59% | Industrial Support Services | United States |
| 10 | JPMORGAN CHASE & CO | 2.53% | Banks | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 24.31% | - | - | - | - | - | - | 24.31% |
| Financials | 5.56% | 6.92% | - | - | - | - | - | - | 12.49% |
| Real Estate | - | 3.02% | - | - | - | - | - | - | 3.02% |
| Consumer Discretionary | - | 17.97% | - | - | - | - | - | - | 17.97% |
| Consumer Staples | 1.75% | 7.93% | - | - | - | - | - | - | 9.69% |
| Energy | - | 1.95% | - | - | - | - | - | - | 1.95% |
| Utilities | - | 2.77% | - | - | - | - | - | - | 2.77% |
| Health Care | - | 8.54% | - | - | - | - | - | - | 8.54% |
| Industrials | - | 10.51% | - | - | - | - | - | - | 10.51% |
| Basic Materials | 1.31% | 4.47% | - | - | - | - | - | - | 5.78% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.65% | 0.65% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B1XFJ67 |
| Mex Code | YFGFEI |
| Isin Code | GB00B1XFJ672 |
| Citi Code | AEE2 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
Aims and Benchmark
| Aims | The Fund aims to provide capital growth (to grow the value of your investment) over at least 5 years. The Fund invests primarily (at least two-thirds) in the shares of companies around the world and in related derivatives (financial contracts whose value is linked to the price of the shares of such companies). |
| Benchmark | MSCI AC World Net Return (MSCI World Net Return pre 01/01/2011) |
| Benchmark Category | - |
| IA Sector | Global |
Fund Background
| Valuation frequency | Daily |
| Valuation point | - |
| Fund type | OEIC |
| Launch price | - |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 February |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | State Street Trustees Limited |
| Fund Administrator | SS&C Financial Services International Limited |
| Fund Registrar | SS&C Financial Services Europe Limited |
| Fund Custodian | State Street Bank and Trust Company |
Group Details
| Group name | Ninety One |
| Group address | 55 Gresham Street London EC2V 7QP |
| Group telephone | +44 (0) 203 938 1900 |
| Dealing telephone | +44 (0) 203 938 1900 |
| enquiries@ninetyone.com | |
| Homepage | https://ninetyone.com/en/united-kingdom |
| Fax number | +44 (0) 203 938 1900 |
Dealing
| Minimum Investment | £1000000 |
| Minimum Top Up | £250000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 4.94 |
| Beta | 0.93 |
| Sharpe | 1.09 |
| Standard Deviation | 10.03 |
| Info Ratio | 1.00 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.