Why Hardman Johnston International Growth Fund
Portfolio holdings will be concentrated in securities that Hardman Johnston believes offer the optimal opportunity for capital appreciation. When selected for inclusion, a stock enters a concentrated portfolio, ranging from 20 to 30 positions with a typical holding period of 3 to 5 years. Portfolio construction applies diversification constraints to manage concentration risk within industries, countries, and single securities. We believe the outcome is a best ideas, risk aware, high conviction portfolio that seeks low turnover and high active share.
The investment team at Hardman Johnston believes that stock selection is key to investment performance. The Fund will employ a disciplined, bottom-up approach, based on fundamental research, investing in high quality companies with secular growth prospects when they are trading at an attractive relative valuation. It will search for companies with leading positions in their business segments that can be expanded, either locally or worldwide.