– Paul Espinosa and Lydia So discuss two additions to the Growth and Income Fund: Salik, a toll road operator in the UAE, and Hermès, a French luxury goods company that derives significant revenue from EM. Lydia explains that she looks for companies that can drive structural growth due to brand, pricing power, and critical infrastructure.
- Paul Espinosa, Portfolio Manager
- Lydia So, Portfolio Manager
- Natalia Urbanek, National Accounts Manager, Business Development and Client Services
- The views and information discussed in this video are as of the date of publication, are subject to change, and may not reflect Seafarer’s current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.
- As of September 30, 2023, securities mentioned in the video comprised the following weights in the Seafarer Overseas Growth and Income Fund: Emaar Properties PJSC (2.3%), National Central Cooling Co. PJSC (Tabreed) (1.8%), Ambev SA (1.7%), Samsung SDI Co., Ltd. (1.8%), CD Projekt SA (1.4%), Accton Technology Corp. (3.2%), Salik Co. PJSC (1.2%), and Hermès International SCA (1.4%). View the Fund’s Top 10 Holdings. Holdings are subject to change.
- Sources: ALPS Fund Services, Inc.; Bloomberg; Seafarer.
- Natalia Urbanek is a Registered Representative of ALPS Distributors, Inc.