A High Conviction, Best-Ideas Global Equity Solution
MANAGERS
Overcoming home bias can be challenging, but you can take comfort in knowing that by entrusting assets to Black Creek, you’ll be benefiting from a dedicated global equity team that has added value over time. The team has been able to uncover leading companies with far greater potential than the market had initially recognized.
Trailing Returns
| 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | Inception Date | |
|---|---|---|---|---|---|---|
| Black Creek Global Leaders Fund – Class A | 7.15% | 10.80% | 15.00% | 10.95% | 7.12% | 2005-02-01 |
| Black Creek Global Leaders Fund – Class F | 8.32% | 12.03% | 16.30% | 12.12% | 9.88% | 2006-06-13 |
Source: Morningstar , Direct as at June 30, 2018.
The management team focuses on its best 25–35 stock ideas within this fund, which includes many companies that have negligible weightings in, or are absent from, the MSCI World Index. The result is a high-conviction portfolio that is unique when it comes to individual holdings, sectors and geographic positioning.
Black Creek Global Leaders Fund
North America38.1%
Europe developed37.9%
Japan11.6%
Latin America6.7%
Asia emerging5.4%
Source: Morningstar Direct, as of June 30, 2018.
- No Canadian exposure
- Far less reliant on U.S. performance relative to benchmark
- Access to Emerging Markets
Key Reasons to Invest
- High-conviction mandate of 25–35 industry leading companies
- Differentiated positioning makes this an ideal portfolio complement
Fund details
Fund Size$3.2 billion
Inception DateJune 13, 20061
Risk RatingMedium
1Class F
Fund Codes
| Class | Load | CIG | |
| Class | Trust | ||
| A | FE | 2574 | 11106 |
| LL | 1574 | 11456 | |
| DSC | 3574 | 11156 | |
| F | - | 4574 | 11006 |
Unique Insights – Proprietary ideas
Top 10 holdings = 48.2% of fund total | Same holdings = 0.97% of MSCI 1 World Index
| Company | Business Description | Country | MSCI World1 | Fund |
|---|---|---|---|---|
| Booz Allen Hamilton | Consulting firm with 80 offices and 20,000 employees | United States | 0.00% | 5.70% |
| GlaxoSmithKline | One of the world’s largest pharmaceutical companies | United Kingdom | 0.25% | 5.60% |
| HeidelbergCement | One of the world’s largest building materials companies | Germany | 0.04% | 5.00% |
| Oracle | Multinational computer technology corporation | United States | 0.34% | 5.00% |
| Nielsen | Global information, data and measurement company | United States | 0.03% | 4.80% |
| Santen Pharmaceutical | Specializes in ophthalmology and rheumatology medicines | Japan | 0.00% | 4.70% |
| Schneider Electric | Specializes in energy management and automation | France | 0.11% | 4.70% |
| Carnival | World’s largest cruise and leisure travel company | United States | 0.04% | 4.50% |
| Daikin | Japanese multinational air conditioner manufacturer | Japan | 0.13% | 4.10% |
| Henry Schein | Distributor of medical, dental and veterinary supplies and services | United States | 0.03% | 4.10% |
Source: Black Creek Investment Management as of June 30, 2018. 1 Reflects portfolio of an MSCI World-based ETF (URTH).
The information contained herein is not to be used or construed as investment advice or as an endorsement or recommendation of any entity or security discussed. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns