Managed by BNYM subsidiary and global equities specialist Walter Scott & Partners, the fund will invest in ‘global companies with dominant business models’ which offer enduring growth potential and strong cash flows.
It will typically hold between 25 and 30 stocks, with a bias towards large capitalisation companies to ensure sufficient liquidity.
Walter Scott uses a team-based approach in its analysis and stock selection, with 19 investment professionals involved.
The fund is registered in all standard BNY Mellon Global Funds European jurisdictions. The minimum investment is £5000, €5000, $5000 or depending on the share class.
“In an environment which is likely to become more challenging, Walter Scott believes markets will become more discerning and quality will be rewarded,” said Matt Oomen, head of international distribution at BNYM IM. “We are delighted to offer investors a concentrated, benchmark agnostic, outcome driven portfolio which aims to harness the power and stability of the biggest and best run global businesses.”
