Investment Strategy

HM1’s Investment Strategy is to create a concentrated portfolio of long only positions in approximately 25 Securities based on the highest conviction ideas from two groups of Fund Managers:

Conference Fund Managers: 40% of the portfolio will be held in approximately 10 Securities based on the annual recommendations of Fund Managers who present at the Sohn Hearts and Minds Investment Leaders Conference.

Core Fund Managers: 60% of the portfolio will be held in approximately 15 securities based on the quarterly recommendations of five leading Fund Managers selected by the Investment Committee.

The Board’s view is that the Investment Strategy offers Shareholders with an opportunity to capitalise on a number of key attributes including:

  • benefiting from exposure to the highest conviction ideas, investment approach and expertise of each Fund Manager, a number of whom are not readily accessible to retail investors;
  • benefiting from having a portfolio that is not concentrated to the philosophy or investment thesis of just one Fund Manager; and
  • access to a concentrated portfolio of globally listed securities which HM1 believes provides an opportunity to maximise shareholder returns over the long term (being five years or more).