RISK FACTORS
This is a financial promotion for The First State Global Listed Infrastructure Strategy. This information is for professional clients only in the EEA and elsewhere where lawful. Investing involves certain risks including:
For details of the FCA authorised firms issuing this information and any funds referred to, please see Terms and Conditions and Important Information below.
For a full description of the terms of investment and the risks please see the Prospectus and Key Investor Information Document for each Fund.
If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.
We seek to generate excess returns by integrating a rigorous stock selection process with strict portfolio management risk controls. We combine direct company contact with proprietary research, a consistent valuation framework, a comprehensive 25-point quality assessment and consideration of macroeconomic risks. This approach provides a repeatable structure for building high conviction portfolios, with clear triggers for buy-signals and sell-discipline.
Rather than screening companies on ESG criteria, we seek to understand the risks and capture them in our proprietary quality ranking. ESG analysis is integrated into our investment process through our quality assessment and ranking model. A score is assigned to each criterion; a lower quality score makes it harder for a stock to be included within the overall portfolio. ESG criteria account for 20% of the overall quality score.
Our investment process can be broken down in 7 steps: