Yacktman US Equity Fund

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294.31
14 September 2021
ISIN
IE00B3N32X37
Currency
USD
SFDR classification
Article 6
Benchmark
Russell 1000 Value NR USD
Category
US Large-Cap Value Equity
Investment Style
Large Value
Fund Size
USD762m

INVESTMENT OBJECTIVES

The Fund aims to achieve capital growth by investing predominantly in a concentrated portfolio of U.S. Equities.

 

The Fund’s Sub-Investment Manager, Yacktman Asset Management LP, was established in 1992, operates out of Austin, Texas, and currently manage approximately USD 18 billion.

 

The firm seeks to be objective, patient and diligent in its investment approach, analysing investments from the bottom up. The investment philosophy focuses on purchasing high quality businesses with shareholder-orientated management at cheap valuations. The approach is that of investing in businesses and not speculating in stocks, focusing on companies that have a strong market position and relatively stable profit margins. The favoured companies typically sell products or services that have fairly predictable demand. Securities are selected one at a time with an emphasis on not overpaying, as a good business purchased at too high a price can be a bad investment. Stephen Yacktman was nominated for Morningstar’s Domestic Stock Fund Manager of the Year - 2011.

Key stats

The below shows the information for the share class selected in the drop down box directly below the name of the fund. You can use the drop down box to view information relating to other share classes listed in the fund. A full list of all currency share classes is available on request.

Investment Team Location

Austin, Texas, USA

Active/Passive

Active with reference to a benchmark

Benchmark

Russell 1000 Value NR USD

Secondary Benchmark

S&P 500 NR USD

Fund Size

USD762m

Fund Launch

14 December 2010

Fund Status

Open to all investors

Share Class Launch

31 January 2011

Share Class Status

Open to all investors

Fund Currency

USD

Share Class CCY

USD

Management Fee

1.5%

Min. Investment

USD15,000

Fund Type

UCITS

Domicile

Ireland

Administrator

BBH Fund Administration Services (Ireland) Ltd

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing Frequency

Daily

Subscriptions

T+3

Redemptions

T+5

Risk Management

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Lower RiskHigher Risk

Performance

to
Frequency

Past performance is no guide to future performance and the value of investment and income from them can fall as well as rise.

Yacktman US Equity Fund Q3 2021 Webcast

Top Ten Holdings

As of 30 June 2021
NameGicsCountryWeight %
1Bollore SACommunication ServicesFrance8.6
2Samsung Electncs Co Pfd 144AInformation TechnologySouth Korea8.4
3Amerco IncIndustrialsUnited States4.1
4Alphabet Inc Class CCommunication ServicesUnited States3.5
5PepsiCo IncConsumer StaplesUnited States3.1
6Ingredion IncConsumer StaplesUnited States3.0
7Microsoft CorpInformation TechnologyUnited States2.7
8Berkshire Hathaway Inc Class BFinancialsUnited States2.6
9Sysco CorpConsumer StaplesUnited States2.6
10News Corp Class ACommunication ServicesUnited States2.5

Exposure Breakdowns

As of 30 June 2021
TypeFund %Benchmark %
Communication Services19.88.4
Consumer Discretionary3.45.5
Consumer Staples15.47.2
Energy2.64.5
Financials12.221.2
Health Care3.117.6
Industrials10.711.8
Information Technology15.110.2
Materials1.03.8
Real Estate0.04.7
Utilities0.05.0
Cash16.70.0

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Fund Manager

Stephen Yacktman

Portfolio Manager, CIO and PartnerRead More

Jason Subotky

Portfolio Manager and PartnerRead More

Russell Wilkins

Portfolio Manager and PartnerRead More

Disclaimers

Heptagon Capital Limited, Heptagon Capital LLP and its Partners disclaim any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omissions from, these materials. Certain assumptions have been made, and/or parameters set, in the preparation of these materials which have resulted in the returns detailed herein, and no representation or warranty is made that any returns indicated will be achieved. Changes to assumptions or parameters may have a material impact on the returns detailed. This document should not be considered an offer to buy or sell investments. Heptagon Capital Limited has issued this communication as investment manager for Heptagon Fund PLC, and is licenced to conduct investment services by the Malta Financial Services Authority.

Heptagon Capital LLP, acting as Distributor, is authorised and regulated in the UK by the Financial Conduct Authority.

Representative and Paying Agent in Switzerland is Société Générale, Paris, Zurich branch, Talacker 50, PO Box 1928, 8021 Zurich, Switzerland. The prospectus, the key investor information document, the Articles and the annual and semi-annual reports are available free of charge from the Swiss representative.

The results given herein are based solely upon historical fund performance as gathered and supplied by Morningstar. That past performance has not been independently verified by either Heptagon Capital Limited or Heptagon Capital LLP. It is not intended to predict or depict the future performance of any investment. Past performance is not necessarily indicative of future returns.

The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about the funds, including important disclosures and risk factors associated with an investment in the funds. Before making an investment in any fund, prospective investors are advised to thoroughly and carefully review the fund’s private placement memorandum with their financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in these funds is not suitable for all investors.

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