Opportunities in High Growth Economies


The Alquity Future World Fund is unconstrained, high conviction and diversified, focusing on the next story of domestic development, resulting in a differentiated portfolio characterised by long term themes and quality management.

Investing in the Alquity Future World Fund allows you to take advantage of the long-term drivers of sustainable growth in both emerging and frontier markets across Asia, Latin America and Africa.

Unique in character but consistent in approach, each of our funds exemplifies Alquity’s investment principles. Our multi-faceted analysis, combining macro and micro factors and long-term themes, alongside key engagement with our firms, establishes high conviction portfolios with a responsibly competitive edge.

icon Fund Literature

Future World - ISR Label Certificate

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Future World KIID - USD A

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Future World KIID - USD B

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Future World KIID - USD M

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Future World KIID - EUR M

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Future World KIID - USD R

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Future World KIID - GBP R

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Future World KIID - EUR R

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Future World PRIIP - USD A (EN)

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Future World PRIIP - USD B (EN)

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Future World PRIIP - USD M (EN)

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Future World PRIIP - EUR M (EN)

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Future World PRIIP - USD R (EN)

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Future World PRIIP - GBP R (EN)

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Future World PRIIP - EUR R (EN)

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Future World PRIIP - GBP I (EN)

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Future World PRIIP - GBP S (EN)

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Future World PRIIP - GBP Y (EN)

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Future World PRIIP - USD Y (EN)

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Future World PRIIP - EUR Y (EN)

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Future World PRIIP - GBP Y (FR)

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Future World PRIIP - USD Y (FR)

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Future World PRIIP - GBP Y (NL)

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Future World PRIIP - USD Y (NL)

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Future World PRIIP - EUR Y (NL)

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Future World PRIIP - GBP Y (SV)

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Future World PRIIP - USD Y (SV)

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Future World PRIIP - EUR Y (SV)

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Future World KIID - GBP I

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Future World KIID - GBP S

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Future World KIID - GBP Y

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Future World KIID - USD Y

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Future World Factsheet - USD A

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Future World Factsheet - USD B

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Future World Factsheet - USD M

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Future World Factsheet - EUR M

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Future World Factsheet - EUR R

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Future World Factsheet - USD R

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Future World Factsheet - GBP R

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Future World Factsheet - USD Y

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Future World Factsheet - GBP Y

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Future World Factsheet - GBP I

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Future World Factsheet - GBP S

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Future World Factsheet - GBP A

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About the Fund Managers

manager

Mike Sell

Head of Global Emerging Market Equities

Mike's Role

Mike joined Alquity in 2014 and is responsible for Global Emerging Market Equities.

Biography

Mike holds a First Class BA in Economics from Southampton University and was awarded the Pearce Rowan prize.

Mike has over 20 years’ experience investing in Asian equities. He joined Baring Asset Management as a graduate trainee in 1994, where he became a member of the Emerging Market Asset Allocation Committee. Mike was then appointed Senior Partner at Thames River/Nevsky Capital, where he grew their Emerging Market assets to US$7bn over 7 years, before moving to F&C with the long only Emerging Market business in 2011.

manager

Marnie Uy

Head of Quantitative Risk

Marnie's Role

Marnie joined Alquity in 2019 and is a Senior Investment Professional focusing on quantitative research, risk management, portfolio construction, and the risk-return optimization of investment strategies.

Biography

Marnie spent over 15 years at Aberdeen Standard Investments as was formerly Global Head of Quantitative Analytics.

Marnie holds a Bachelor of Science from the University of the Philippines Diliman and a Masters of Engineering from Cornell University.

manager

Kieron Kader

Associate Portfolio Manager

Kieron's Role

Kieron joined Alquity in 2019 and co-manages the Alquity Future World Fund.

Biography

Kieron joined Alquity in 2019 from BP where he performed a variety of roles at
one of the largest pension funds in the UK. Most recently, he spent two years as a Global Emerging Markets equity analyst, and also covered Developed Market equities, UK property and multi-asset risk in the prior two years.

Kieron has passed the three Chartered Financial Analyst exams with first time passes. He has a BSc Economics (1st Class) from the University of Southampton, and an MSc Economics (Distinction) from University College London (UCL).

manager

Dan Billis

Associate Portfolio Manager

Dan 's Role

Dan joined Alquity in 2018 as an analyst, and currently he co-manages the Alquity Future World Fund.

Biography

Dan has a 1st Class degree in Economics from the University of Exeter. Dan joined Alquity in 2018 from Invesco, where he worked as an Account Onboarding Manager.

Fund Prices

Those NAV prices displayed with duplicated ISINs, in currencies other than the base currency of USD, are reflected only on an unofficial and indicative basis. The aforementioned NAVs are for guidance only and we can give no assurances of its accuracy. The official NAV for those ISINs is in USD.

PORTFOLIO OVERVIEW

Top 10 Holdings

    1. MercadoLibre 6.9%
    2. Santander Brazil 6.4%
    3. Brasil Bolsa Balcao 6.0%
    4. Itau Unibanco 5.5%
    5. Banco de Chile 5.2%
    6. Locaweb 5.2%
    7. Vesta 4.9%
    8. Klabin 4.1%
    9. Ultrapar 4.0%
    10. M Dias Branco 3.7%
      1. TSMC 8.2%
      2. Tencent Holdings 7.6%
      3. Minor International 2.2%
      4. Meituan Dianping 2.2%
      5. JD.com 2.1%
      6. Uni-President China 2.0%
      7. SM Investments Corporation 1.9%
      8. HKEX 1.9%
      9. Saudi British Bank 1.9%
      10. SK Hynix 1.8%
        1. TSMC 9.4%
        2. Tencent Holdings 7.8%
        3. AIA Group 3.8%
        4. Meituan Dianping 2.8%
        5. HKEX 2.8%
        6. Uni-President China 2.7%
        7. JD.com 2.7%
        8. Minor International 2.5%
        9. ICICI Bank 2.4%
        10. SK Hynix 2.3%
          1. Infosys 8.0%
          2. ICICI Bank 7.6%
          3. HDFC 6.4%
          4. Hindustan Unilever 6.3%
          5. Maruti Suzuki 4.9%
          6. TCS 4.6%
          7. APL Apollo Tubes 4.0%
          8. Dabur 4.0%
          9. Lemontree Hotels 3.6%
          10. Ultratech Cement 3.6%

Geographic Allocation

Brazil
60.5%
Mexico
14.7%
Argentina
9.1%
Chile
8.0%
United Kingdom
3.3%
Peru
2.1%
Colombia
1.9%
Cash
0.4%
China
29.9%
India
15.1%
Taiwan
12.0%
South Korea
7.4%
Brazil
5.0%
Indonesia
5.0%
Philippines
3.0%
Mexico
2.7%
Egypt
2.5%
South Africa
2.3%
Pakistan
2.3%
Russia
1.6%
Chile
1.5%
Hungary
1.4%
Vietnam
1.3%
Thailand
1.3%
Morocco
1.2%
Peru
1.2%
Singapore
1.2%
Argentina
1.1%
United Kingdom
1.1%
Cash
0.0%
China
31.6%
India
19.6%
South Korea
10.8%
Taiwan
10.1%
Indonesia
8.2%
Philippines
4.2%
Vietnam
3.1%
Thailand
2.9%
Pakistan
2.9%
Singapore
1.9%
United Kingdom
1.8%
Bangladesh
1.2%
Myanmar
1.1%
Cash
0.6%
India
99.7%
Cash
0.3%

Industry Allocation

Banks
19.3%
Software & Services
16.2%
Diversified Financials
12.4%
Food & Beverage
9.1%
Materials
7.4%
Transportation
6.3%
Capital Goods
5.3%
Real Estate
4.9%
Healthcare
4.2%
Energy
4.0%
Industrials
3.5%
Utilities
2.7%
Retailing
2.7%
Insurance
1.5%
Cash
0.4%
Semiconductors
12.6%
Tech Hardware
9.7%
Banks
9.5%
Materials
8.3%
Consumer Services
7.8%
Software & Services
7.7%
Household Products
6.3%
Retailing
6.2%
Transportation
5.0%
Insurance
4.9%
Real Estate
4.8%
Food & Beverage
4.6%
Automobiles
3.8%
Diversified Financials
2.8%
Capital Goods
2.5%
Healthcare
1.3%
Industrials
1.2%
Pharma
1.1%
Cash
0.0%
Materials
12.6%
Semiconductors
12.0%
Food & Beverage
10.6%
Consumer Services
9,3%
Retailing
7.7%
Tech Hardware
7.4%
Software & Services
7.0%
Household Products
5.9%
Real Estate
5.1%
Automobiles
4.2%
Insurance
4.0%
Transportation
3.3%
Capital Goods
3.2%
Diversified Financials
2.8%
Healthcare
2.3%
Banks
2.1%
Cash
0.6%
Materials
14.6%
Diversified Finanacials
11.0%
Capital Goods
10.1%
Automobiles
9.0%
Tech Hardware
9.0%
Household Products
8.6%
Banks
7.9%
Software & Services
6.8%
Transportation
4.8%
Consumer Durables
3.3%
Industrials
2.6%
Retailing
2.5%
Consumer Services
2.2%
Food & Beverage
1.9%
Insurance
1.7%
Real Estate
1.4%
Healthcare
1.2%
Cash
1.0%

Transforming Lives, Creating Opportunity

We strive for meaningful social progress and believe in enabling growth from the bottom up. To drive this growth, we donate a minimum 10% of our revenues to charitable projects in the regions where we invest. These donations help to build fairer, more sustainable economies and enables the companies we invest in to prosper. This also broadens our level of insight through meaningful engagement and connects our clients to both social progress and handsome returns.

 

Visit the alquity transforming lives foundation website