Yacktman US Equity Fund

Latest Nav
260.45
Date of Latest NAV
21 January 2021
ISIN
IE00B3N32X37
Currency
USD
Benchmark
Russell 1000 Value NR USD
Category
US Large-Cap Value Equity
Investment Style
Large Core
Fund Size
USD529m

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 13 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

Sub-Investment Manager

Yacktman Asset Management

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

USD529m

Fund Launch

14 December 2010

Share Class Launch

31 January 2011

Share Class CCY

USD

Management Fee

1.5%

Min. Investment

USD15,000

Fund Type

UCITS

Domicile

Ireland

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing

Daily by 14:00 Irish Time

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.

Webcast

Yacktman US Equity Fund Q4 2020 Webcast

Top Ten Holdings

As of 31 December 2020
NameSectorCountryWeight %
1Samsung Electncs CoInformation TechnologySouth Korea9.7
2Bollore SaCommunication ServicesFrance8.4
3Amerco IncIndustrialsUnited States4.2
4Sysco CorpConsumer StaplesUnited States3.1
5The Walt Disney CoCommunication ServicesUnited States3.1
6Pepsico IncConsumer StaplesUnited States3.0
7Alphabet Inc Class CCommunication ServicesUnited States3.0
8News Corp ACommunication ServicesUnited States2.9
9Cognizant Technology Solutions Corp AInformation TechnologyUnited States2.9
10Procter & Gamble CoConsumer StaplesUnited States2.8

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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