Steve Clayton, manager of recently launched HL Select Global Growth Shares Fund (GB00BJFVF381), explains why Diageo (DGE) is among the first holdings he has introduced. The fund has 2.8 per cent of its assets in this stock.
"This company is a global leader in alcoholic beverages with a collection of iconic brands, including Johnnie Walker, Smirnoff and Guinness,” says Mr Clayton. “Its products are sold in more than 180 countries around the world.