Lindsell Train to unveil Global Equity fund

Lindsell Train is launching an offshore Global Equity fund on 16 March, investing in companies with leading brand names.

The managers Nick Train and Michael Lindsell will invest in a concentrated portfolio of around 20-25 holdings, which they believe are undervalued and should continue to grow profits. The fund's holdings will be held for the long term and traded infrequently, to minimise costs. Performance will be benchmarked against the total return of the MSCI World index, in sterling, which measures the equity market performance of developed markets. Although the fund aims to outperform the index, it will be managed on an unconstrained basis, leaving the managers free to select securities across reg...