Our approach, which differs from the majority of fund managers, means we are not constrained to one geographic region, currency, or industry sector. We are instead free to look for trends that are occurring at a global level and which offer investment opportunities.
This philosophy has led us to the creation of a range of investment funds that are unusual, interesting and (importantly in this rapidly changing world) flexible.
We create and manage this range of thematic investment products built around the concept of Global Trends. We identify the major sources of change in the world, Global Trends, and invest in the companies driving these sources of change. These long-term structural trends are reshaping our world and we believe all investor portfolios should have exposure to these themes over the long-term. It is by marrying this top-down approach to investing, with a deep focus on valuation analysis, that we have developed our ‘Growth at a Reasonable Price’ strategy, which is deployed across all of our funds.
These are effective, easy to understand and high-performance equity investment funds, driven by the major structural changes underway in the global economy.
Dominion is dedicated to thematic investing and as an investment team, this is our sole approach to researching investment ideas.
We live in an ever-changing world. While this creates hurdles and risks for investors, it also offers great long-term investment opportunities for the patient investor. At Dominion we believe a focused approach to investing in these structural trends offers investors unique, industry leading expertise, as well as a suite of investment products to gain exposure to the long-term upside from structural change.
The world is undoubtedly becoming digital and this trend is impacting not just technology, but every sector in the global economy. Ecommerce, interacting and transacting online, will become the normal as we migrate an ever-increasing portion of our lives, both leisure and professional, to the digital world. Our Ecommerce Fund focuses on investing in this global mega-trend.
The behavioural shift driven by a unique combination of technology and demographics will be one of, if not the, largest source of change in the world over the coming decades. This revolution in the way we function is perhaps only comparable in scale to the enlightenment and industrial revolutions. Ecommerce is a global phenomenon. It has already come to touch every aspect of our lives. But we are only at the end of the beginning, as in the coming decades ecommerce rises to global dominance. The Dominion Global Trends Ecommerce Fund, through its unique understanding of ecommerce and focus on investing in high quality, high growth companies, provides investors with unrivalled exposure to the largest technological and behavioural investment trend the world has ever seen.
Luxuries are goods and services which consumers use their disposable income to purchase. Demand for luxuries grows disproportionately with wealth and as global wealth increases, particularly in emerging markets, the outlook for luxuries demand is very strong. Our Luxury Consumer Fund is dedicated to investing in this trend in consumer demand for products and services, in both developed and increasingly in emerging markets.
Luxuries have been part of the economy since the beginning of civilisation, when the first socially stratified societies emerged in the ancient world. Luxury was one of the first industries to go global. Chinese silks, for example, could be found in Rome in 139 BC. Luxury is an enduring sector which will continue to grow for as long as wealth increases and societies remain stratified. The one constant which has remained since ancient times is that aspirations primarily drive consumer decisions, providing a fertile ground for healthy returns on capital as well as growth for companies able to help households ‘stand out’ from the crowd. This is the long-term focus of the Luxury Consumer Fund.
The changes underway in our world are not limited to just Ecommerce of Luxury Consumer spending. The world is changing, and it is changing faster than ever. The Dominion Global Trends Managed Fund identifies and invests in the companies exposed to all of the major structural growth themes driving changes in the global economy. From climate change, to emerging healthcare, from urbanisation to electric vehicles, the Managed Fund offers investors exposures to all the major sources of change in the world today, and generates returns based on that change.
We undertake deep industry and sector analysis to identify the leading structural growth trends in the global economy and offer investors a diversified exposure to these investment trends. As the world continues to change, so does the investment focus of the fund, adjusting its exposures to be invested in the most important sources of change for the world. This ‘future proofs’ the fund and allows us to invest in the Global Trends of the future, as and when they arise. Investing in the Dominion Global Trends Managed fund offers investors a long-term exposure to the structural growth underway in the world today, allowing their investments to benefit from Global Change.
We are thought leaders in Global Trends.
The investment team at Dominion is structured to bring expertise and experience from different sectors together to create breadth and depth of knowledge. With more than 100 years combined investment experience, the team is often years ahead of the market in identifying structural themes and successful investment strategies driven by Global Trends. We continue to use innovative thinking and research methods to generate investment ideas and new fund products which will stand the test of time for our investors.
