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Rathbone Global Opportunities Class S - Accumulation (GBP)

Sell:192.01p Buy:192.01p Change: 0.61p (0.32%)
Prices as at 24 September 2021
Sell:192.01p
Buy:192.01p
Change: 0.61p (0.32%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 24 September 2021
Sell:192.01p
Buy:192.01p
Change: 0.61p (0.32%)
Prices as at 24 September 2021
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.

James Thomson is one of only a few global fund managers to show they can pick great companies and perform better than the broad global stock market over the long term. We think he has the potential to repeat this success in future, although there are no guarantees.

His success can be put down to a straightforward, disciplined approach, and a willingness to view the world a little differently. He looks for easy-to-understand businesses that can grow to dominate their industry and defend themselves from competition. He'll also search off the beaten track to find companies with superb potential that might be overlooked by other investors.

Our view on the sector

It's natural for UK investors to focus on funds investing in their home market. But as the world has become more connected, so has the investment landscape. There are lots of funds investing across the globe, and these can be a great way to diversify an investment portfolio. Funds in the global sector can invest anywhere in the world. But they go about this in different ways. They vary in how much they can invest in certain types of companies, sectors, countries, or regions. Some focus on developed markets or large multinational corporations, while others invest more in higher-risk emerging markets or smaller companies. Some target companies with higher-growth expectations and others search for unloved companies with the potential to recover.

Performance Analysis

James Thomson typically seeks companies that offer superior sales and profits growth, compared with their competitors. This has benefited the fund's performance over the long term, though this type of growth stock won't always be in favour and past performance isn't a guide to future returns.

The fund went through a tough patch during the 2008 financial crisis when it held too many companies that are more sensitive to the health of the economy. Thomson learnt from this and now he doesn't only invest in companies whose fortunes are tied solely to how the economy's doing. We think the fund will reward long-term investors, though it's a more adventurous option in the Global sector.

Investment Philosophy

James Thomson is one of only a few global fund managers to show they can pick great companies and perform better than the broad global stock market over the long term. We think he has the potential to repeat this success in future, although there are no guarantees. His success can be put down to a straightforward, disciplined approach, and a willingness to view the world a little differently. He looks for easy-to-understand businesses that can grow to dominate their industry and defend themselves from competition. He'll also search off the beaten track to find companies with superb potential that might be overlooked by other investors.

Process and Portfolio Construction

James Thomson mainly focuses on innovative companies with high-growth potential that tend to do better when markets are rising. But he also invests in some companies that could grow their earnings at a steadier rate, which could hold up better when markets wobble, and avoids those that are overly complicated. He likes companies where a positive catalyst, such as a change in management, will eventually get noticed by other investors and boost their share prices.

Thomson thinks exceptional companies are few and far between, so he only invests in a small selection. This gives each the potential to contribute significantly to performance, but it does increase risk, as does the flexibility to invest in smaller companies and emerging markets. At the moment he mainly invests in developed markets, such as the US, UK and Europe.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/09/16 to 24/09/17 24/09/17 to 24/09/18 24/09/18 to 24/09/19 24/09/19 to 24/09/20 24/09/20 to 24/09/21
Annual return 14.53% 23.85% 5.07% 27.07% 23.15%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: James Thomson
Manager start date: 1 November 2003
Manager located in: London

James Thomson has been lead manager of the Rathbone Global Opportunities Fund for the past 17 years and it is one of the top performing funds in the IA Global sector. James joined Rathbones in 2000, having grown up on the island of Bermuda and graduating from Cornell University in New York. He holds the Investment Management Certificate, is a Fellow of the Securities Institute and sits on the Executive Committee of Rathbones fund management business. James has been involved with the management of the Rathbone Global Opportunities Fund since its inception in 2001 and was appointed co-manager in 2003 and sole manager in 2005. He is frequently quoted in the financial press and has won numerous fund management awards over his 20-year career.

manager photo
Manager Name: Sammy Dow
Manager start date: 1 July 2014
Manager located in: London

Sammy is lead manager of an institutional global equity fund managed by Rathbones since November 2018; he is also assistant fund manager on the Rathbone Global Opportunities Fund. He joined Rathbones in July 2014 from JP Morgan Cazenove, where he worked for 14 years in Pan-European Equity Sales providing both primary and secondary advice to Hedge Funds, Institutional and Private clients. Sammy is a graduate of both Edinburgh and Cambridge University where he completed an MA in 2001.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account