A global equity fund is a diversified core, which investors with larger portfolios can complement with smaller allocations to regional and specialist funds, and through which investors with small portfolios can get diversified developed markets equity exposure via one holding. But it is important to pick one that can deliver good long-term growth.
Strong long-term returns
Highly experienced managers
Low ongoing charge
Exposure to cash-generative companies
Concentration risk
One such fund is Lindsell Train Global Equity (IE00BJSPMJ28), run by highly regarded manager Nick Train alongside Michael Lindsell and James Bullock. It is among the 10 best performing Investment Association (IA) Global sector funds over one, three and five years – ahead of more than 220 others. It is also well ahead of broad indices such as MSCI World and FTSE World.