The Fund invests in companies addressing unmet medical needs or improving health care efficiencies by understanding the science and business of health care.
Invests in a well-diversified global portfolio balanced across Core, Emerging, and Opportunistic healthcare sub-sectors. Targets long-term capital growth by identifying innovative companies across the entire life sciences spectrum, including biotechnology, pharmaceuticals, and medical devices. Offers an established institutional track record, having been managed through various market cycles since its inception in 2000.
Led by an experienced Portfolio Manager with 25 years of investment experience and a foundational background in biochemical sciences. Supported by a specialized team of seven dedicated healthcare analysts, including three PhDs in science-related fields. The investment team remained stable with no changes reported during the 2024 calendar year.
Aims to deliver superior long-term total returns compared to healthcare sector peers. Designed to capture structural growth within the life sciences sector while maintaining a diversified risk profile across different healthcare industries. Performance may exhibit short-term volatility relative to broad benchmarks due to a strategic focus on innovative, smaller-sized biotechnology companies.
Utilizes a bottom-up fundamental approach to identify long-term winners across a portfolio typically comprising 80 to 120 names. Integrates sector-specific ESG considerations, such as drug pricing, waste management, and carbon emissions, and is classified as an Article 8 fund under SFDR. Includes selective allocations to private companies, providing exposure to high-growth innovators before they reach public equity markets.
Access to institutional share class with no trailer fees to achieve the lowest possible fees
It serves as a specialized satellite allocation for investors seeking targeted exposure to global healthcare and life sciences innovation. The fund's structural underweight to mega-cap pharmaceuticals and overweight to biotechnology offers a differentiated return profile compared to traditional healthcare indices. It is suitable for long-term investors who can tolerate sector-specific volatility in exchange for potential outperformance driven by medical and technological breakthroughs.
Daily data. Returns as of 16 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.7% | 2.0% | -6.6% | 1.8% | 2.1% | 8.2% | -0.5% | 3.7% | - | - | - | - |
| 2025 | 23.7% | 5.9% | -0.3% | -4.6% | -0.3% | -5.8% | 2.3% | -0.9% | 6.1% | 2.6% | 8.7% | 9.3% | -0.2% |
| 2024 | 2.6% | 2.7% | 3.8% | 1.6% | -4.7% | 3.5% | 3.1% | 2.6% | 5.1% | -2.5% | -3.4% | -0.7% | -7.6% |
| 2023 | 6.3% | 0.4% | -4.4% | 2.5% | 4.0% | -2.4% | 3.0% | 1.0% | -1.5% | -3.9% | -6.4% | 7.3% | 7.5% |
| 2022 | -3.6% | -8.9% | 0.5% | 3.5% | -6.9% | -1.0% | -0.9% | 3.6% | -2.6% | -3.0% | 8.4% | 5.9% | -0.9% |
| Load more | 5 of 27 | ||||||||||||
| Eli Lilly and Co | 9.69% |
| Johnson & Johnson | 6.77% |
| UnitedHealth Group Inc | 4.21% |
| AstraZeneca PLC | 4.19% |
| AbbVie Inc | 3.94% |
| Revolution Medicines Inc Ordinary Shares | 3.14% |
| Novartis AG ADR | 2.68% |
| argenx SE ADR | 2.61% |
| Praxis Precision Medicines Inc Ordinary Shares | 2.43% |
| Thermo Fisher Scientific Inc | 2.42% |
| Intuitive Surgical Inc | 2.18% |
| BridgeBio Pharma Inc | 1.91% |
| Abbott Laboratories | 1.91% |
| Vertex Pharmaceuticals Inc | 1.89% |
| Merck & Co Inc | 1.84% |

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