MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund seeks to apply a cautious balance between investment returns and risk of loss using a global diversified portfolio. To meet this objective, the Fund is targeting outperformance of the returns of its Benchmark, the 70% JP Morgan Global Government Bond Index hedged into Sterling and 30% MSCI World Index. This Benchmark combines indices which measure the performance of the bonds issued by governments around the world and some of the largest companies listed on the world stock exchanges. In managing the fund in accordance with this objective, the Investment Manager believes that an outcome will be growth on a three year rolling basis but returns are not guaranteed and a capital loss may occur.

Fund Managers

Orbis Investment Management Ltd

Orbis’ approach is designed to harness the best ideas of our best analysts. The independent recommendations of these analysts, made after a rigorous peer review process, serve as the raw materials for all of the Orbis Funds. For each Fund, designated individuals then combine our strongest security ideas into a portfolio that is appropriate for the Fund’s mandate, and that reflects broader market and portfolio-level considerations. William Gray, head of the investment team since 2000, is responsible for the firm’s investment process overall.

Alec Cutler

Bachelor of Science (Honours) in Naval Architecture (United States Naval Academy), Master of Business Administration (The Wharton School of the University of Pennsylvania), Chartered Financial Analyst. Alec joined Orbis in 2004 and is a Director of Orbis Holdings Limited. He previously worked for 10 years at Brandywine Asset Management, LLC managing the Relative Value strategy, co-managing the Large Cap Value area and co-managing the firm as a member of the Executive Committee.