We believe that equities are the best long-term asset class, and the US remains the deepest, best performing major market in the long-term.
Our objective is to invest in a range of stocks that Wall Street either misses or ignores and to provide better investment returns than the S&P 500.
We invest in US small-cap value which is the best long-term asset class in the world (Fama, French). This makes our portfolio of around 160 stocks a good complement to existing US equity exposure.
Once we have identified a promising stock we stick with it. We take pleasure in watching small dynamic companies grow and evolve and become more widely owned. A significant number of stocks have been in our portfolio for a decade or more.
The daily NAV for the VT De Lisle America Fund can be found here. The sterling and dollar classes are synonymous as no currency hedging is used*. For instance, if the exchange rate reverted to levels of August 2010 when the UCITS III started, at $1.56, the prices of the two classes would be the same. Annual performance data from inception in July 2005 to August 2010 can be found from our monthly newsletters below.
*For sterling investors who wish to mitigate the uncertainty of currency swings we also have a hedged class. Our commentary on the dollar-sterling relationship can be found here.
31 March 2022
Previous factsheets, newsletters and annual reports can be found in the Content Library
Investors can also apply directly to the Fund through our ACD/Administration Valu-Trac.
Our sterling and dollar Application Forms can be found here.
|SHARECLASS||B SHARES ACC GBP (£)||B SHARES ACC USD ($)|
|Management Fee||1%+£12,500(whole fund)
(June 2021 = 1.020%)
(June 2021= 1.020%)