For investors in Hong Kong

Global Life Sciences Fund

By understanding the science and business of health care, our experienced team invests in companies addressing unmet medical needs or those that seek to make the health care system more efficient.

ISIN
IE00BFRSYJ83

NAV
USD 28.87
As of 2023/03/31

1-Day Change
USD 0.28 (0.98%)
 As of 2023/03/31

Morningstar Rating
As of 2023/02/28

Key investment risks:

  • The Fund's investments in equities are subject to equity market risk due to fluctuation of securities values.
  • Investments in the Fund involve general investment, currency, hedging, economic, political, policy, foreign exchange, liquidity, tax, legal, regulatory, securities financing transactions related and small/ mid-capitalisation companies related

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  • risks. In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments for investment and efficient portfolio management purposes. This may involve counterparty, liquidity, leverage, volatility, valuation, over-the-counter transaction, credit, currency, index, settlement default and interest risks; and the Fund may suffer total or substantial losses.
  • The Fund's investments are concentrated in companies (may include small/ mid capitalization companies) with life sciences orientation and may be more volatile.
  • Investors should not only base on this document alone to make investment decisions and should read the offering documents including the risk factors for further details.

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Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

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The Fund invests at least 80% of its assets in shares (also known as equities) selected for their growth potential and with a life sciences orientation. The Fund may invest in companies of any size, in any country.

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ABOUT THIS FUND

  • Looks to invest in companies addressing unmet medical needs or those that seek to make the health care system more efficient
  • Aims to maintain a balanced portfolio across subsectors (biotechnology, health care services, medical devices and pharmaceuticals)
  • An experienced team of specialists that seeks to understand the science and the business of health care

PORTFOLIO MANAGEMENT

Andy Acker, CFA

Andy Acker, CFA

Global Life Sciences | Portfolio Manager

Industry since 1996. Joined Firm in 1999.

Daniel Lyons, PhD, CFA

Daniel Lyons, PhD, CFA

Portfolio Manager | Research Analyst

Industry since 2000. Joined Firm in 2000.

Performance

Discrete Performance (%)
As of 2022/12/31
H2 USD
 
Quarter End
As of 2022/12/31 		Dec-2021 - Dec-2022 Dec-2020 - Dec-2021 Dec-2019 - Dec-2020 Dec-2018 - Dec-2019 Dec-2017 - Dec-2018
H2 USD -2.89 6.35 25.23 28.95 3.48
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Cumulative Performance (%)
As of 2023/02/28
H2 USD
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
2000/03/31
H2 USD -4.32 -4.71 6.35 -3.89 1.85 35.44 60.19 494.95
The H2 USD share class was launched on 2013/10/31. Performance prior to that date is past performance based on the I2 USD share class of the same fund which has a different current ongoing charge included of 1.57.
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Calendar Year Returns (%)
As of 2022/12/31
H2 USD
2022 2021 2020 2019 2018
H2 USD -2.89 6.35 25.23 28.95 3.48
The H2 USD share class was launched on 2013/10/31. Performance prior to that date is past performance based on the I2 USD share class of the same fund which has a different current ongoing charge included of 1.57.
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
FEE INFORMATION
Initial Charge 0.00%
Annual Charge 0.80%
Ongoing Charge
(As of 2021/12/31) 		0.85%
The ongoing charge is calculated using the Packaged Retail Investment Product (PRIIPs) methodology. The PRIIPs methodology differs to the UCITS ongoing charge methodology, as the PRIIPS methodology captures additional recurring charges, including but not limited to: a. Interest paid on borrowing (e.g. bank interest) b. Any fees incurred in relation to stock-lending activity (i.e. the fee paid to the lending agent) c. Any costs associated with holding closed-ended vehicles.
Please refer to the offering documents for more details on the fees and expenses.

Portfolio

Top Holdings (As of 2023/02/28)
% OF FUND
UnitedHealth Group Inc 6.30
AstraZeneca PLC 4.38
AbbVie Inc 3.84
Merck & Co Inc 2.79
Sanofi 2.69
Novartis AG (ADR) 2.58
Eli Lilly & Co 2.58
Abbott Laboratories 2.54
Sarepta Therapeutics Inc 2.45
Thermo Fisher Scientific Inc 2.37
Total 32.52
Portfolio holdings are subject to change without notice. 
Sector Allocation % OF FUND % OF FUND (As of 2023/02/28)
Regional Allocation % OF FUND % OF FUND (As of February 28, 2023)

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
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