Featured Fund Detail

Willis Owen Research Commentary

Nick Train's process is different and has proved successful across a variety of market conditions. He looks for unique and high-quality companies that offer a high and sustainable return on investment, show low capital intensity, and are cash-generative. The result is a concentrated portfolio. Turnover is low, reflecting Train's long-term approach and his buy-and-hold style. He sells out only if he no longer considers a company to be of sufficient quality. This process has led to strong performance and, given the strategy has clear biases and risks, unusually consistent relative returns over the medium to longer term.

Below is the online factsheet for your selected instrument. You can change time periods in certain areas of the factsheet and generate a version to PDF using the "Print" button.

You can also view a 1-page Analyst Report as a PDF using the link below and if you are a registered user a more detailed report is also available.

Load Animation