Seilern Investment Management is marking the 20th anniversary of it flagship Stryx World Growth fund, which it says has achieved benchmark beating returns by following the same strict investment process since its launch way back in January 1996.
During the past two decades, the fund has invested in a concentrated portfolio of high quality growth stocks which has resulted in growth of 297.0 per cent (7.1 per cent compound annual growth rate) versus the index (MSCI World TR) which returned 145.8 per cent (4.6 per cent CAGR) in the same period.
The fund has followed the same strategy since its inception, one that is driven by long-term perspective and a commitment to investing in quality growth businesses.
The companies within the ‘Seilern Universe’, the pool of companies the fund managers may invest from, are identified through a rigorous, proprietary research process. Only the highest quality companies with superior business models, stable and predictable earnings, and a sustainable competitive advantage are selected for inclusion. Once selected, these companies are then held in the portfolio for the long-term, often for a period of many years.
Peter Seilern-Aspang (pictured), founder of the company and architect of the investment process says: “The value of what Seilern has done over the last 20 years is now clear from the performance record. The firm’s philosophy, only to invest in the best, has paid off over the long-run. The key to our success is finding these companies and having the conviction to leave them to grow. These companies have proven they can perform across all cycles, and, ultimately, outperform the market significantly.”
Raphaël Pitoun, Chief Investment Officer, says: “We have proved our long-term approach can ride out market volatility and generate significant absolute performance over the cycle. We are convinced that in an investment world increasingly driven by benchmarks and short-term investing, a meticulous and focused research process analysing the long-term prospects will continue to drive significant returns.”