Bell Asset Management has announced that its Bell Global Emerging Companies fund’s strategy has been added to the Colonial First State FirstChoice Investment menu.
The strategy provided exposure to a diversified portfolio of 30-60 high quality, profitable and liquid global small and mid-cap (SMID) companies with strong franchises.
It aimed to deliver long-term capital growth and targeted a higher environmental, social and governance (ESG) portfolio rating than the benchmark (MSCI World SMID Cap Index).
Bell Asset Management, chief investment officer, Ned Bell, said: “Many of the SMID companies we are exposed to have come through the pandemic with efficiency gains and strong balance sheets, and, we believe we will continue to see an upside in SMID earnings over the next five years.
“We believe that our investment approach of maintaining a very high-quality bias without the commensurate valuation risk will hold us in extremely good stead for what we think will be a more volatile 2022 for global markets.”
Bell Asset Management said the inclusion to the FirstChoice Investment menu reflected the growing demand it was seeing for this strategy from advisers seeking to diversify away from mega cap global equities.
