Innovation World Large Caps by AMG

Performance YTD 10.2% (as of 02.12.2021)
Fund size USD 57.3m

The equity fund invests globally («developed markets» only) in listed companies with above-average innovation efficiency. The fund invests across sectors, excluding «utilities» and «financials». The investment process consists of a two-step procedure. In a first step, the innovation efficiency of the companies in the investment universe is measured and compared using a scientifically based quantitative method. In the subsequent step, the portfolio is constructed by selecting around 30 stocks on the basis of our own fundamental analysis.

Facts & Figures Current monthly report (PDF)

Portfolio Management

Birgit Heim

Birgit Heim

Geschäftsleitung
Portfolio Management
heim[at]amgfonds.ch
+41 (41) 726 71 77
Patrick Hofer

Patrick Hofer

Portfolio Management
Kundenbetreuung
hofer[at]amgfonds.ch
+41 (41) 726 71 76

Sustainability / ESG

Learn more about the fund in the semi-annual video report

Birgit Heim looks back at the first half of 2021 and gives an outlook for the second half of the year.

Facts & Figures
Portfolio allocations

Breakdown by sectors

Breakdown by currencies

Breakdown by countries

Top 5
Monthly comment

Comment November 2021

The Innovation World Large Caps fund reached new highs in November, but closed at an unchanged level due to profit taking.
Alphabet Inc. is a holding company in the communications sector based in Silicon Valley, California. The company's businesses include Google Inc. and its internet products Calico, Nest, SideWalk, GV, Verily, DeepMind, Waymo, Access, Capital and X. It primarily offers performance and brand advertising through its search engine and Google Ads advertising service.
The innovation focus is on the digital networking of any services and products such as Android, Chrome, Google Cloud, Google Maps, various hardware and YouTube. Another focus is on artificial intelligence to help develop new products from various data interfaces. Machine learning and artificial intelligence are the driving forces behind many of the recent innovations. DeepMind, part of Alphabet since 2014, made a breakthrough in protein recognition (protein folding) at the end of 2020 thanks to artificial intelligence, enabling researchers to tackle difficult problems in fighting diseases. 

Sustainability

ESG implementation:

We take ESG aspects into account in the financial analysis and investment decision-making process, applying a combination of exclusion criteria and ESG integration approach in the investment process. The abbreviation ESG stands for "Environmental - Social - Governance".

For the analysis within the sustainability approach, we rely on data from selected third-party providers and, if necessary, on our own analyses. The analysts and portfolio management teams are responsible for both the financial analysis and the ESG analysis. In this way, we ensure that the assessment and implementation are carried out on a recurring basis by the decision-makers in the respective fund as part of a comprehensive and integrated investment process.

In our investment process, we do not per se exclude investments in companies with weaker ESG ratings: Companies that address the issue of sustainability convincingly and consistently can be interesting portfolio companies.

Latest ESG reporting:

  • Classification with regard to U.N. Global Compact Ten Principles:
    All portfolio companies in the fund comply with the U.N. Global Compact Ten Principles.
  • Current portfolio structure using the ESG Risk Rating (by Sustainalytics):

The above fund is a financial product within the meaning of Article 8 of Regulation (EU) 2019/2088 (Disclosure Regulation).

Brief profile
Domicile of fund LU
Legal form SICAV (UCITS V)
Investment universe Global (Developed Markets)
Investment manager AMG Fondsverwaltung AG, Zug
Management company VP Fund Solutions (Luxembourg) SA, Lux
Custodian bank VP Bank (Luxembourg) SA, Lux
Launch date 17.12.2019
Recommended investment horizon 5 years
Reference currency USD
ISIN / Bloomberg-Ticker (respective Tranche) A USD: LU2084863575 / GIIWLCA LX
B CHF-hedged: LU2084868962 / GIIWLCB LX
C USD: LU2084869424 / GIIWLCC LX
E EUR-hedged: LU2127862683 / GLWLAEE LX
G EUR-hedged: LU2127862840 / GLWLAGE LX
Distributions accumulating
Subscription and redemption daily (cut-off 12.00 CET)
Tax transparency CH, AT
Tax status Germany Equity fund pursuant to InvStG with
partial exemption
Registered for public distribution CH, D, LUX, UK

Gebührenstruktur

Subscription and redemption fee none
Management fee p.a. Tranche A USD: 1.04%
Tranche B CHF-hedged: 1.04%
Tranche C USD: 1.54%
Tranche E EUR-hedged: 1.04%
Tranche G EUR-hedged: 1.54%
MiFID fee for third party research p.a. 0.04%
Total expense ratio p.a. (per 31.03.2021; TER) Tranche A USD: 1.49%
Tranche B CHF-hedged: 1.50%
Tranche C USD: 1.98%
Tranche E EUR-hedged: 1.55%
Tranche G EUR-hedged: 2.00%
Performance overview and key figures
Duration Fund MSCI World ETF
1 month -0.4% -0.5%
3 months 0.8% 2.7%
12 months 10.2% 16.7%
since inception p.a. 13.4% 17.3%
Year
2021 10.2% 16.7%
2020 16.0% 16.3%
2019 0.2% 0.8%
since inception 28.0% 36.8%

Please read the legal information by clicking on the buttons below.

Go to Privacy Policy

Go to Legal Information

Go to Information obligations (FINSA)