Morningstar Fund Report  | 05/04/2025Print

Rathbone Global Opportunities Fund I Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Rathbone Global Opportunities Fund I Acc
Fund20.1-20.618.017.2-2.7
+/-Cat5.6-2.52.02.03.8
+/-B’mrk2.1-1.6-4.3-6.85.9
 
Category: Global Large-Cap Growth Equity
Category Benchmark: Morningstar Gbl Growth TME ...
Key Stats
NAV
04/04/2025		 GBX 430.58
Day Change -2.15%
Morningstar Category™ Global Large-Cap Growth Equity
IA (formerly IMA) Sector Global
ISIN GB00B7FQLN12
Fund Size (Mil)
30/09/2024		 GBP 3909.19
Share Class Size (Mil)
04/04/2025		 GBP 1802.10
Max Initial Charge -
Ongoing Charge
17/08/2024		  0.77%
Morningstar Research
Analyst Report05/12/2024
Lena Tsymbaluk, Associate Director
Morningstar, Inc

Rathbone Global Opportunities has suffered during the market selloff, but stock-picking has been a key factor to its long-term success. The strategy retains a Morningstar Analyst Rating of Silver for the clean share classes, while the more...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: Rathbone Global Opportunities Fund I Acc
The objective of the fund is to deliver a greater total return than the IA Global Sector, after fees, over any five-year period. There is no guarantee that this investment objective will be achieved over five years, or any other time period. The manager uses the IA Global sector as a target for the fund’s return because it aims to achieve a better return than the average of funds that are similar to companies. To meet the objective, the fund manager will invest at least 80% of the fund in global shares, with the remainder in cash, short-term deposits and UK government debt. Derivatives may be used by the fund for the purposes of efficient portfolio management and hedging.
Returns
Trailing Returns (GBP)04/04/2025
YTD-4.74
3 Years Annualised5.68
5 Years Annualised13.02
10 Years Annualised11.96
12 Month Yield 0.25
Management
Manager Name
Start Date
Sammy Dow
01/12/2019
James Thomson
01/11/2003
Inception Date
01/03/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA GlobalMorningstar Gbl Growth TME NR USD
Portfolio Profile for  Rathbone Global Opportunities Fund I Acc31/01/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.440.0098.44
Bond0.000.000.00
Property0.000.000.00
Cash1.560.001.56
Other0.000.000.00
Top 5 Regions%
United States68.73
Eurozone13.93
Europe - ex Euro8.61
United Kingdom6.50
Canada2.23
Top 5 Sectors%
Consumer Cyclical21.69
Technology21.52
Financial Services11.64
Healthcare10.04
Industrials9.48
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology3.34
Costco Wholesale CorpConsumer DefensiveConsumer Defensive3.26
Boston Scientific CorpHealthcareHealthcare2.71
Amphenol Corp Class ATechnologyTechnology2.65
Microsoft CorpTechnologyTechnology2.64
Increase Decrease New since last portfolio
Rathbone Global Opportunities Fund I Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Rathbone Global Opportunities Fund I Acc
Category:  Global Large-Cap Growth Equity
Category Index:  Morningstar Gbl Growth TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-0.5226.1231.2720.15-20.5717.9917.16-2.68
+/- Category4.221.897.575.58-2.491.971.973.79
+/- Category Index---2.08-1.60-4.32-6.795.92
% Rank in Category79112688363812
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-2.15   -0.083.12
1 Week-3.92   0.092.43
1 Month-8.04   0.822.23
3 Months-4.96   3.699.37
6 Months-0.38   3.585.68
YTD-4.74   3.227.71
1 Year2.46   4.853.17
3 Years Annualised5.68   2.480.74
5 Years Annualised13.02   2.560.40
10 Years Annualised11.96   3.141.47
 
Category: Global Large-Cap Growth Equity
Category Index: Morningstar Gbl Growth TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.68---
202410.871.07-0.575.16
20234.755.09-1.919.27
2022-10.71-16.223.063.02
2021-1.3010.693.815.94
2020-6.9124.197.655.48
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage4 star
5-YearAbove AverageAverage4 star
10-YearHighAbove Average5 star
Overall*HighAbove Average5 star
 
Category :  Global Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.58 %
3-Yr Mean Return7.11 %
 
3-Yr Sharpe Ratio0.22
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Growth TME NR USD  MSCI World NR USD
3-Yr Beta0.921.04
3-Yr Alpha-0.27-1.90
 
Investment Style Details31/01/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 128844-
Market Capitalisation% of Equity
Giant40.02
Large45.04
Medium14.94
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings29.321.22
Price/Book6.561.32
Price/Sales3.881.04
Price/Cash Flow19.721.19
Dividend-Yield Factor1.120.99
 
Long-Term Projected Earnings Growth9.970.89
Historical Earnings Growth13.331.00
Sales Growth9.541.05
Cash-Flow Growth10.360.85
Book-Value Growth9.450.84
 
Category: Global Large-Cap Growth Equity
Asset Allocation31/01/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.440.0098.44
Bond0.000.000.00
Property0.000.000.00
Cash1.560.001.56
Other0.000.000.00
World Regions31/01/2025
 % of EquityRelative to Category
United States68.731.04
Canada2.231.15
Latin America0.000.00
United Kingdom6.501.27
Eurozone13.931.31
Europe - ex Euro8.611.61
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Global Large-Cap Growth Equity
Sector Weightings31/01/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.992.49
Consumer CyclicalConsumer Cyclical21.691.75
Financial ServicesFinancial Services11.640.78
Real EstateReal Estate2.533.89
Consumer DefensiveConsumer Defensive8.451.72
HealthcareHealthcare10.040.73
Communication ServicesCommunication Services7.650.92
IndustrialsIndustrials9.480.87
TechnologyTechnology21.520.73
 
Category: Global Large-Cap Growth Equity
Top 10 Holdings31/01/2025
 Portfolio NEW
Total Number of Equity Holdings52
Total Number of Bond Holdings0
Assets in Top 10 Holdings27.26
NameSectorCountry% of Assets
NVIDIA Corp311United States3.34
Costco Wholesale Corp205United States3.26
Boston Scientific Corp206United States2.71
Amphenol Corp Class A311United States2.65
Microsoft Corp311United States2.64
Alphabet Inc Class C308United States2.63
Walmart Inc205United States2.62
Intuitive Surgical Inc206United States2.51
Visa Inc Class A103United States2.47
Amazon.com Inc102United States2.44
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Growth Equity
 
Management
Name of CompanyRathbones Asset Management Limited
Phone020 7399 0399
Websiterathbonefunds.com
Address8 Finsbury Circus
 London   EC2M 7AZ
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date01/03/2012
Fund Advisor(s)
Rathbones Asset Management Limited
Fund ManagerSammy Dow
Manager Start Date01/12/2019
Education
University of Cambridge, M.A.
 
Biography
Sammy is lead manager of an institutional global equity fund managed by Rathbones since November 2018; he is also assistant fund manager on the Rathbone Global Opportunities Fund. He joined Rathbones in July 2014 from JP Morgan Cazenove, where he worked for 14 years in Pan-European Equity Sales providing both primary and secondary advice to Hedge Funds, Institutional and Private clients. Sammy is a graduate of both Edinburgh and Cambridge University where he completed an MA in 2001.
Fund ManagerJames Thomson
Manager Start Date01/11/2003
Career Start Year2000
Education
2000, Cornell University, B.A.
 
Biography
James Thomson has been lead manager of the Rathbone Global Opportunities Fund for the past 20 years and it is one of the top performing funds in the IA Global sector. James joined Rathbones in 2000, having grown up on the island of Bermuda and graduating from Cornell University in New York. He holds the Investment Management Certificate, is a Fellow of the Securities Institute and sits on the Executive Committee of Rathbones fund management business. James has been involved with the management of the Rathbone Global Opportunities Fund since its inception in 2001 and was appointed co-manager in
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.77%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional500  GBP
Savings-
Tax Free Savings Schemes
ISAsYes