Morningstar Fund Report  | 23/04/2025Print

GAM Multistock - Luxury Brands Equity GBP B

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
GAM Multistock - Luxury Brands Equity GBP B
Fund18.9-15.03.15.0-4.9
+/-Cat10.1-0.4-5.4-4.8-0.1
+/-B’mrk2.1-4.6-8.3-10.70.3
 
Category: Sector Equity Consumer Goods & Services
Category Benchmark: Cat 50%MSCI Wld/CD NR&50%MS...
Key Stats
NAV
17/04/2025		 GBP 233.18
Day Change -0.18%
Morningstar Category™ Sector Equity Consumer Goods & Services
IA (formerly IMA) Sector Global
ISIN LU0487283839
Fund Size (Mil)
29/11/2024		 EUR 342.58
Share Class Size (Mil)
17/04/2025		 GBP 0.11
Max Initial Charge 5.00%
Ongoing Charge
17/02/2025		  2.05%
Investment Objective: GAM Multistock - Luxury Brands Equity GBP B
The investment objective of the Company is to achieve long-term capital growth by investing at least 70% of the assets of LUXURY BRANDS EQUITY in a portfolio of carefully-selected shares and other equity securities of companies which own established brands and offer products and services in the luxury goods sector, or whose main activity is to own equity interests in such companies or to finance such companies, and which have their registered office or the major part of their business activities in recognised countries.
Returns
Trailing Returns (GBP)17/04/2025
YTD-11.30
3 Years Annualised-1.42
5 Years Annualised6.01
10 Years Annualised6.23
12 Month Yield 0.00
Management
Manager Name
Start Date
Flavio Cereda
09/10/2023
Inception Date
11/07/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
S&P Global Luxury NR USDCat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR
Portfolio Profile for  GAM Multistock - Luxury Brands Equity GBP B28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.200.0098.20
Bond0.000.000.00
Property0.000.000.00
Cash1.800.001.80
Other0.000.000.00
Top 5 Regions%
Eurozone48.26
United States32.58
Europe - ex Euro14.76
United Kingdom2.67
Asia - Emerging1.73
Top 5 Sectors%
Consumer Cyclical90.49
Healthcare7.98
Consumer Defensive1.53
Top 5 HoldingsSector%
Compagnie Financiere Richemont S... Consumer CyclicalConsumer Cyclical9.68
Hermes International SAConsumer CyclicalConsumer Cyclical9.08
Ferrari NVConsumer CyclicalConsumer Cyclical8.27
Lvmh Moet Hennessy Louis Vuitton SEConsumer CyclicalConsumer Cyclical6.90
Marriott International Inc Class AConsumer CyclicalConsumer Cyclical4.09
Increase Decrease New since last portfolio
GAM Multistock - Luxury Brands Equity GBP B
Growth Of 1000 (GBP) 31/03/2025
Fund:  GAM Multistock - Luxury Brands Equity GBP B
Category:  Sector Equity Consumer Goods & Services
Category Index:  Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-1.3418.8622.3218.89-15.003.064.96-4.88
+/- Category6.54-0.447.5410.12-0.37-5.40-4.85-0.13
+/- Category Index0.57-1.134.192.14-4.59-8.30-10.700.28
% Rank in Category1755341354636954
Trailing Returns (GBP)17/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.18   -0.53-2.18
1 Week-0.48   0.24-0.08
1 Month-10.39   -4.73-6.94
3 Months-17.56   -5.27-6.25
6 Months-5.27   1.12-3.07
YTD-11.30   -2.31-2.57
1 Year-9.13   -5.52-10.35
3 Years Annualised-1.42   -2.89-4.56
5 Years Annualised6.01   0.38-2.68
10 Years Annualised6.23   1.01-2.66
 
Category: Sector Equity Consumer Goods & Services
Category Index: Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.88---
20247.42-6.11-1.906.09
202310.57-1.90-8.063.34
2022-13.63-11.294.506.16
2021-0.1211.74-4.2411.26
2020-16.1516.827.6516.00
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearAverageAverage3 star
10-YearAverageAverage3 star
OverallAverageAverage3 star
 
Category :  Sector Equity Consumer Goods & ServicesClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev18.36 %
3-Yr Mean Return2.07 %
 
3-Yr Sharpe Ratio-0.11
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR  Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR
3-Yr Beta1.251.25
3-Yr Alpha-3.16-3.16
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 40279-
Market Capitalisation% of Equity
Giant32.92
Large25.20
Medium31.83
Small4.01
Micro6.04
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings27.121.30
Price/Book5.441.52
Price/Sales3.151.75
Price/Cash Flow17.941.46
Dividend-Yield Factor1.380.72
 
Long-Term Projected Earnings Growth9.361.13
Historical Earnings Growth11.501.75
Sales Growth11.661.69
Cash-Flow Growth13.471.32
Book-Value Growth6.250.85
 
Category: Sector Equity Consumer Goods & Services
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.200.0098.20
Bond0.000.000.00
Property0.000.000.00
Cash1.800.001.80
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States32.580.57
Canada0.000.00
Latin America0.000.00
United Kingdom2.670.45
Eurozone48.262.45
Europe - ex Euro14.761.85
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging1.730.57
 
Category: Sector Equity Consumer Goods & Services
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical90.492.04
Consumer DefensiveConsumer Defensive1.530.05
HealthcareHealthcare7.982.61
 
Category: Sector Equity Consumer Goods & Services
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings32
Total Number of Bond Holdings0
Assets in Top 10 Holdings57.58
NameSectorCountry% of Assets
Compagnie Financiere Richemont SA Cla... 102Switzerland9.68
Hermes International SA102France9.08
Ferrari NV102Italy8.27
Lvmh Moet Hennessy Louis Vuitton SE102France6.90
Marriott International Inc Class A102United States4.09
Hilton Worldwide Holdings Inc102United States4.08
Brunello Cucinelli SpA102Italy3.92
Ralph Lauren Corp Class A102United States3.91
Viking Holdings Ltd102United States3.89
Essilorluxottica206France3.76
 
Increase Decrease New since last portfolio
Category: Sector Equity Consumer Goods & Services
 
Management
Name of CompanyGAM (Luxembourg) SA
Phone+41 58 426 6000
Websitewww.funds.gam.com
Address25, Grand Rue
 Luxembourg   L-1661
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date11/07/2011
Fund Advisor(s)
GAM International Management Limited
Fund ManagerFlavio Cereda
Manager Start Date09/10/2023
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*3.00%
Annual Charges
Max Annual Management Charge1.60%
Ongoing Charge2.05%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes