Global Growth Rated Funds

Rated Funds in the Global Growth asset group strive to seek out companies around the globe that are delivering high and accelerating earnings growth. They will do this in a variety of ways.

Some look at the macroeconomic environment and prioritise companies that are operating in regions with accelerating economies. Others may take a thematic approach, such as emerging industries or an ageing population. Others may look for high-quality companies that can grow their earnings in all types of market environment.

In general, funds of this type will tend to perform better in buoyant markets, but may fall more than the market when sentiment is weak, certainly when compared to an equity income strategy. Many funds opt for a 'growth at a reasonable price' approach, incorporating some valuation discipline into their selection of stocks.

Since the US now makes up nearly 60 per cent of the MSCI World index, any global fund, even if it differs considerably from its benchmark, is likely to have a good slug of US assets. The US stock market has performed very well in recent years, but most advisers would still recommend having some exposure. A number of our selections limit their US exposure because their managers see better opportunities elsewhere.

Our 22 actively managed picks start with 10 core funds that we would expect to be resilient in tougher market conditions, followed by 12 more adventurous selections that arguably have higher growth potential but with added risks.

Seven rated passive funds are also included, pursuing a variety of strategies. Five are in the core list, while two feature among the adventurous selections.

GLOBAL GROWTHBrowse other rated fund groups
Fund & Sector
Rated Funds Group
1 Month Perf.
1 Year Perf.
3 Year Perf.
5 Year Perf.
Edinburgh Ww IT PLC
IT Global
View Factsheet
GLOBAL GROWTH9.9%
2 / 21
49.2%
2 / 21
85.3%
5 / 21
162.4%
4 / 21
Sct Mtg IT PLC
IT Global
View Factsheet
GLOBAL GROWTH10%
1 / 21
33.6%
4 / 21
96.7%
3 / 21
209.8%
3 / 21
Stan Life Inv GlSmlr Cmp
UT Global
View Factsheet
GLOBAL GROWTH6.9%
16 / 277
26.2%
6 / 250
84.4%
1 / 224
118.5%
4 / 203
Monks IT PLC
IT Global
View Factsheet
GLOBAL GROWTH5.5%
14 / 21
23.2%
5 / 21
93.7%
4 / 21
133.2%
5 / 21
Lindsell Train Global Equity
FO Equity - International
View Factsheet
GLOBAL GROWTH6.8%
13 / 518
22.5%
18 / 489
76.2%
2 / 398
129.8%
2 / 306
Foreign & Colonial Inv Tst
IT Global
View Factsheet
GLOBAL GROWTH6.6%
11 / 21
21.2%
6 / 21
61.1%
6 / 21
100.6%
8 / 21
Rathbone Global Opp
UT Global
View Factsheet
GLOBAL GROWTH5.4%
140 / 277
19.5%
12 / 250
62.4%
7 / 224
108.2%
6 / 203
T. Rowe Price GblFcsGrEq
FO Equity - International
View Factsheet
GLOBAL GROWTH5.2%
95 / 518
18.2%
58 / 489
71.2%
3 / 398
121.1%
3 / 306
Ardevora Global Equity
FO Equity - International
View Factsheet
GLOBAL GROWTH4.1%
174 / 518
17.6%
69 / 489
60.5%
5 / 398
107.4%
6 / 306
Mid Wynd Intl IT PLC
IT Global
View Factsheet
GLOBAL GROWTH6.7%
9 / 21
17.6%
8 / 21
53.6%
8 / 21
107.3%
6 / 21
Artemis Global Growth
UT Global
View Factsheet
GLOBAL GROWTH6.2%
60 / 277
16.7%
25 / 250
45.7%
50 / 224
93.4%
15 / 203
Old Mutual Global Equity
UT Global
View Factsheet
GLOBAL GROWTH6.3%
50 / 277
16.6%
27 / 250
60.1%
8 / 224
116%
5 / 203
Orbis Global Equity
FO Equity - International
View Factsheet
GLOBAL GROWTH-1.3%
481 / 518
14.6%
134 / 489
31.4%
82 / 398
59.9%
75 / 306
Schroder Global Equity
UT Global
View Factsheet
GLOBAL GROWTH5.9%
91 / 277
14.4%
38 / 250
47.8%
39 / 224
79.4%
37 / 203
Wtn IT plc
IT Global
View Factsheet
GLOBAL GROWTH6.9%
8 / 21
13.9%
13 / 21
43.2%
15 / 21
93.8%
9 / 21
Fidelity Gbl Spl Sit
UT Global
View Factsheet
GLOBAL GROWTH4.5%
200 / 277
13.7%
45 / 250
55%
15 / 224
96.3%
11 / 203
Janus Henderson GlGt
UT Global
View Factsheet
GLOBAL GROWTH4.6%
193 / 277
13.5%
51 / 250
55.8%
14 / 224
119.1%
3 / 203
Fundsmith Equity
UT Global
View Factsheet
GLOBAL GROWTH4.2%
218 / 277
13.3%
54 / 250
74.6%
3 / 224
128.6%
2 / 203
The Scottish Inv Tst PLC
IT Global
View Factsheet
GLOBAL GROWTH7.6%
4 / 21
12.3%
14 / 21
45.6%
14 / 21
66.2%
17 / 21
MI Metropolis Value
UT Global
View Factsheet
GLOBAL GROWTH3.5%
246 / 277
7.7%
187 / 250
56.4%
12 / 224
84.6%
27 / 203
Stewart Investors WW Sust
UT Global
View Factsheet
GLOBAL GROWTH4.5%
202 / 277
5%
227 / 250
48.5%
33 / 224
69.4%
66 / 203
JOHCM Gbl Opps
FO Equity - International
View Factsheet
GLOBAL GROWTH4.5%
146 / 518
3.9%
430 / 489
42.4%
40 / 398
78.6%
25 / 306
Data provided by
Reviewed 01 April 2018

Rated Funds Update: Rated Funds 2018

Review: first quarter of 2018

Sterling’s continued strength against the dollar in particular over the first three months compounded losses for investors in overseas markets by around 2.5 per cent.  The MSCI World index dropped 4.8 per cent in sterling terms over the quarter, while the FTSE World ex-UK index (a useful barometer for global funds that largely exclude the UK) fared little better with a fall of 4.2 per cent. 

However, four funds in our adventurous global growth group bucked the losing trend, led by a 1.8 per vent gain from Standard Life Global Smaller Companies and Ardevora Global Equity, a fund that has the ability to ‘short’ shares of companies that it feels are overvalued. The best performance among our ‘core’ choices was from Rathbone Global opportunities, down a shade under 1 per cent.

All adventurous selections beat the Investment Association’s Global sector average loss of 5 per cent, as did all of the core choices, except for the normally solidly reliable Artemis Global Growth fund, which had an uncharacteristically poor quarter, losing 6.1 per cent.

The worst return came from Scottish Investment Trust, which lost a disappointing 7.8 per cent over the quarter. Although its discount to net asset value is largely unchanged at a shade under 8 per cent, the shares have traded on a small premium over the past year, so that fall in its rating has contributed to a poor overall performance over the past year. However, Scottish’s 1.8 per cent return compares with a sector average of 13.1 per cent from 22 other trusts in the past year. Its net asset value returns are also the second-weakest in the sector over a year, leading us to place the trust under review. 

Trust under review: Scottish Investment Trust 

View a full list of our Rated Funds 2018 here