Beutel Goodman World Focus Equity Fund
Beutel Goodman World Focus Equity Fund seeks long-term capital appreciation by primarily investing in mid- to large-cap global developed-market stocks. This relatively concentrated portfolio of 20-35 stocks is invested prudently with respect to sector and geographic concentrations, with maximum single-holding limits in place 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 December 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| -2.37 | -2.18 | 13.94 | 9.07 | 5.62 | 7.00 | 8.03 | 13.94 | 9.08 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 13.94 | 4.40 | -0.96 | 12.57 | 5.76 | 17.17 | -8.41 | 16.34 | 8.55 | 13.92 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 December 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| -2.30 | -2.01 | 14.77 | 9.88 | 6.41 | 7.82 | 8.87 | 14.77 | 6.41 |
Performance Start Date:
01 August 2006
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 14.77 | 5.19 | -0.19 | 13.45 | 6.59 | 18.07 | -7.69 | 17.25 | 9.38 | 14.81 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 December 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| -2.27 | -1.91 | 15.20 | 10.26 | 6.78 | 8.19 | 9.23 | 15.20 | 10.29 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 15.20 | 5.54 | 0.13 | 13.81 | 6.97 | 18.46 | -7.40 | 17.67 | 9.69 | 15.16 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 30 November 2024
| Company | % |
|---|---|
| Gen Digital | 5.0 |
| eBay | 4.7 |
| Comcast CL A | 4.6 |
| Amdocs | 4.2 |
| American Express | 4.0 |
| PPG Industries | 3.8 |
| Omnicom Group | 3.6 |
| Julius Baer | 3.6 |
| Roche Holdings | 3.5 |
| Kimberly-Clark | 3.3 |
Documents
| Fund Facts, Beutel Goodman World Focus Equity Fund, Class B |
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| Fund Facts, Beutel Goodman World Focus Equity Fund, Class D |
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| Fund Facts, Beutel Goodman World Focus Equity Fund, Class F |
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| Quarterly Portfolio Disclosure |
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| Annual Distributions |
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