Beutel Goodman International Equity Fund
Beutel Goodman International Equity Fund seeks long-term capital appreciation by investing in mid- to large-cap international stocks, primarily in developed markets. Maximum single-holding, regional and sector weights are set to provide diversification. The portfolio is built using bottom-up, fundamental research to seek to invest in quality companies with stable, growing businesses and strong balance sheets at discounts to their business value. We believe this focus can provide a margin of safety and help mitigate the potential of capital loss. Our approach includes a process-driven sell discipline, with a one-third sale of securities that exceed the upside target we have set and a secondary review for stocks that exceed their downside targets.
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
3.48 | 5.89 | 7.24 | 7.34 | 1.84 | 4.80 | 3.75 | 5.89 | 4.85 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
11.49 | -13.40 | 9.25 | 2.27 | 16.71 | -9.48 | 19.86 | 0.41 | 10.28 | -6.41 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
3.54 | 6.09 | 7.99 | 8.16 | 2.61 | 5.60 | 4.58 | 6.09 | 4.87 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
12.22 | -12.68 | 10.08 | 3.04 | 17.70 | -8.74 | 20.89 | 1.26 | 11.19 | -5.59 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
---|---|---|---|---|---|---|---|---|
3.56 | 6.15 | 8.26 | 8.32 | 2.77 | 5.78 | 4.75 | 6.15 | 3.13 |
Calendar Year Returns (%)
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|
12.50 | -12.63 | 10.31 | 3.20 | 17.86 | -8.61 | 21.06 | 1.44 | 11.40 | -5.45 |
Daily Pricing History
Date | Nav ($) | Change ($) | Change (%) |
---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 29 February 2024
Company | % |
---|---|
Konecranes | 6.4 |
IMI | 4.9 |
Dormakaba Holding | 4.8 |
Carlsberg | 4.7 |
GSK | 4.2 |
Akzo Nobel | 4.1 |
Euronext NV | 4.0 |
Heidelberg Materials | 4.0 |
Roche Holdings | 3.9 |
Michelin | 3.9 |