Fund to watch: Threadneedle Global Select

The aim of the Threadneedle Global Select fund is to achieve above-average capital growth by investing globally in a diversified portfolio of equities.

Its manager, William Davies, follows a fundamental, bottom-up stockpicking strategy, as he believes this is the key driver of performance.

Top-down economic views, meanwhile, provide a broader perspective for the management of the fund, which typically invests in 70 to 110 best ideas.

These include international household names such as Apple, Google, Walt Disney Company, Nestlé (NSRGY), Facebook and American Express Company, according to the latest fund factsheet.

Its holdings come from a range of industries with information technology (18.7%), financials (18.5%) and consumer discretionary (16.4%) currently accounting for the highest sector weightings. Other areas represented included healthcare (10.8%) and industrials (10.1%), while consumer staples, materials, energy, utilities and telecom services, each account for less than 9%.

As far as country weightings are concerned, North America accounts for the lion’s share of assets under management (59.6%), followed by Japan (12.3%) and Europe (10.9%).

The fund is a favourite of Patrick Connolly at Chase de Vere. "This is a very diversified global equity fund which produces solid risk-adjusted returns," he says.

"It is effectively a global best ideas fund, though typically no individual stock makes up more than 2% of the portfolio. It is a fund for an investor looking for consistent rather than spectacular returns."

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.