Trustnet Magazine 87 September 2022 | Page 68

IN THE BACK

Heriot Global

Nexus IFA ’ s Kerry Nelson has been through periods of high inflation before – and says this fund ’ s quality growth approach will help keep it afloat in the difficult period ahead

Knowing how to react to periods of high inflation is difficult for investors who are going through it for the first time , but the experience of the late 1980s and early 1990s is etched into the philosophy of myself and the investment committee at Nexus IFA . During these times , we seek companies that can pass on costs and thrive , but finding fund managers with the necessary experience and track record is not as easy as it sounds . In the Heriot Global fund , run by Dundas Global Investors , we think we ’ ve found a gem . What impressed us was the single-strategy focus and the fund ’ s outperformance of the index over the long and short term , thanks to the high-conviction approach of managers Alan McFarlane and Russell Hogan .
The customer is always right
We are always on the lookout for funds that are built from the bottom-up using bespoke inhouse research . What stood out in the Heriot Global fund was the low turnover of holdings , aligned with relatively low volatility . This is crucial for our model portfolio strategy and is appreciated by our clients who are seeking long-term returns , growth and income . The fund invests in companies that demonstrate high levels of profitability and cash generation ,
/ 68 / trustnet . com