×

American Century Concentrated Global Growth Equity Fund
– a sub-fund of Nomura Funds Ireland

Morningstar Overall Ratings as at 30-09-2021. Copyright © 2021 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar rating based on the lead share class: Nomura Funds Ireland – American Century Concentrated Global Growth Equity Fund I USD.

 

The American Century Concentrated Global Growth Equity strategy employs the same philosophy, process and team that we have used successfully in our Global Growth strategy since 1999. The concentrated portfolio represents our best ideas in the global market and seeks to provide a higher alpha alternative for global allocations.

Investment Approach

The fund seeks to invest in companies demonstrating accelerating growth with market capitalizations of $3 billion or more located primarily in developed markets including the United States.

  • The portfolio represents our best ideas in the global market and is designed to provide a higher alpha alternative for global allocations, and typically holding 35 to 50 securities.
  • Centers on the belief that accelerating growth in earnings and revenues, rather than the absolute level of growth, is more highly correlated to stock price performance.
  • Directs us to research different companies than other growth managers, as we do not require an absolute threshold of earnings or revenue growth.
  • Allows us to take advantage of both the normal price appreciation that results from a company’s earnings growth and the market’s re-rating of a company’s price-to-earnings multiple.
Potential significant risks

Factors affecting the performance of American Century Concentrated Global Growth Equity Fund include: emerging market risk, frontier emerging market risk, market risk, currency risk, growth stocks risk, operational risk, risks associated with non-recognition of ring-fencing in certain jurisdictions, risks relating to hedged classes of shares, risks relating to the application of a dilution levy, risks relating to investment in equity securities, risks relating to securities lending, risks relating to collateral management, risks relating to investment in emerging markets, including country allocation risks, settlement risk and operating expenses. The Fund is concentrated. A price change in any one of the securities it invests in may have a greater impact on the Fund’s share price than if it were not concentrated. Concentration may cause higher turnover resulting in relatively high commission costs. Risks related to investments in derivatives include market risk, management risk, credit risk, counterparty risk, liquidity risk, operational risk, leverage risk and lack of availability. The use of financial derivatives instruments can involve significant risk of loss.

For additional strategy information, please visit the American Century Investments® website. (Please note that the link will access a website for contents of which we take no responsibility and to which our data protection rules do not apply.)

To learn about our strategic relationship with American Century Investments, please visit our Strategic Partnership page.

Investment Objective

The investment objective of the Sub-Fund is to achieve long-term capital growth through investment in a concentrated, actively managed portfolio of global Equity and Equity-Related Securities.

Fund Size

USD 190.7 million (as at 30.09.2021)

Investment Company

Nomura Asset Management U.K. Ltd.

Fund Managers

Keith Creveling, CFA, Co-Chief Investment Officer – Global Growth Equity, Senior Portfolio Manager,
American Century Investments
Brent Puff, Senior Portfolio Manager, American Century Investments
Ted Harlan, CFA, Portfolio Manager, American Century Investments

Launch Date

02.08.2019 / 07.11.2011

(This fund was launched on the 2nd August 2019 as a result of the merger of the American Century SICAV with Nomura Funds Ireland plc. The launch date (07.11.2011) refers to the launch date of the original fund, and historical performance relates to the combined track records.)

Base Currency

USD

Universe Sector

Morningstar Universe: Global Large-Cap Growth Equity

Benchmark

MSCI AC World Index

Domicile

Ireland (Nomura Funds Ireland Plc)

Lead ISINs

I USD: IE00BJLNBY13

I GBP: IE00BJLNC045

A USD: IE00BJLN9P83

For additional share class information, please contact us.

Fund Monthly Factsheet Fund Snapshot Commentary
Class I USD
Class A USD

For a full list of available share class documents including KIIDs, please visit our fund documents page.

The lead share class fund literature is shown first in the above list. If any literature is not available in the above list for the share class you are invested in/interested in, please contact NAMupdates@nomura-asset.eu

You must read the following important information before proceeding. It explains certain legal and regulatory restrictions which apply to the information contained, and an investment in the products referred to, in this website. When you have read the information set out below, please click on the "I confirm that I have read the important information" link at the bottom of the page to acknowledge that you have read the information and to continue.  

I confirm that I’m an Institutional Investor (Professional Client) and I agree to and will comply with the Terms and Conditions of this site.

I confirm that I have read the important information.

 

I confirm that I’m a Financial Advisor (Professional Client) and that I agree to and will comply with the Terms and Conditions of this site

I confirm that I have read the important information.

 

I confirm that I’m a Private Investor and that I agree to and will comply with the Terms and Conditions of this site.

I confirm that I have read the important information.

Important Disclosures 

 

Institutional Investor

Financial Adviser

Private Investor