The Oeic fund will mirror the investment approach of the Luxembourg Sicav version. It has a minimum investment of £1m and an ongoing charges figure (OCF) of 0.90%.
Its existing investment strategy applies Michael Porter’s five forces framework to assess the sustainability of competitive advantages.
Dudding said: “We believe that well governed companies can sustain high returns for longer periods than the market assumes. We look for quality growth companies with high returns on invested capital that can be sustained over time.
“The advantage of having this global approach is that if we think about a particular industry, we are not limited to own the leading business in a particular region: we can own the leading business in the world.”
Performance
According to FE, the Global Focus Sicav outperformed the FO Equity – International sector on a one-year, three-year and five-year basis, producing returns of 6.8%, 37.8% and 83.6%, against 2.1%, 23.7% and 56.7%.
FE this week confirmed Dudding had retained his spot in their Hall of Fame, which highlights fund managers able to deliver alpha, for a fourth consecutive year.
Threadneedle Global Focus performance
Alastair Caw, head of UK wholesale, said Dudding has access to global equity analysts,s a well-defined investment approach and an excellent long-term track record of investing in leading global companies within both his global and European portfolios.
“I’m pleased that his global strategy will now be available to our UK-based clients within an Oeic.”
