U.S. Focused Innovation Equity UCITS Launches
Highlights
New UCITS identifies innovative companies positioned to sustain above average growth
Experienced investment team with extensive industry credentials
The team’s investment strategy U.S. Focused Dynamic Growth has more than $3.2 billion assets under management as of April 2021 and is available in multiple investment vehicles
American Century Investments and Nomura Asset Management on June 30 launched the American Century U.S. Focused Innovation Equity UCITS (ISIN: I USD IE0006AEA9Y8), a sub-fund of Nomura Funds Ireland Plc, that is now available to investors in Europe.¹
This is the fourth UCITS created in collaboration with Nomura Asset Management. The new UCITS strives to provide a total return that exceeds the MSCI USA Growth Index using an investment process that identifies companies mainly in their early and rapid growth phases with significant long-term potential. The fund will invest in 30-45 companies that the team believes are positioned for sustained high growth rates over time. The team’s rigorous fundamental research evaluates companies for:
their competitive advantage,
ESG risks that may impact growth,
capability for high profitability, and
opportunities for management to reinvest capital in an effort to create further scale and extend their competitive advantage.
The strategy will be managed by an experienced investment team led by American Century Investments Senior Portfolio Managers Keith Lee and Michael Li and Portfolio Managers Prabha Ram and Henry He.
Prabha Ram, Vice President and Portfolio Manager for American Century, said: “Our investment approach looks beyond short-term market fluctuations and focuses instead on businesses with enduring franchises and strong balance sheets, that we think will be able to generate attractive cash flow growth over a long time horizon. Our positioning is ultimately determined by an assessment of a company’s long-term business conditions and management’s abilities to execute on those opportunities.”
Go Hiramatsu CEO at Nomura Asset Management U.K, commented: “In May 2021, Nomura Asset Management and American Century Investments celebrated the five-year anniversary of its strategic partnership. This UCITS collaboration is an example of our two firms working together to find innovative products for our clients and provide a broader range of solutions to serve their strategic interests. Given high valuations investing into U.S. growth companies needs a rigorous selection process based on longstanding experience.”
Nomura Asset Management
Nomura Asset Management is a leading global investment manager. Headquartered in Tokyo, Nomura Asset Management has additional investment offices throughout the world including London, Singapore, Malaysia, Hong Kong, Shanghai, Taipei, Frankfurt and New York. With a global workforce of over 1,400 employees, it has been operating in Europe for the past 30 years. Today Nomura Asset Management provides its clients with a wide range of innovative investment strategies including global, regional and single country equities, high yield bonds, alternative investments and global fixed income strategies.
The fund is a sub-fund of Nomura Funds Ireland plc, which is authorised by the Central Bank of Ireland as an open-ended umbrella investment company with variable capital and segregated liability between its sub-funds, established as an undertaking for Collective Investment in Transferable Securities under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011. This document is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. The shares in the fund have not been and will not be offered for sale in the United States of America or in Japan, its territories or possessions and all areas subject to its jurisdiction, or to United States or Japan Persons. This document is not intended in any way to indicate or guarantee future investment results as the value of investments may go down as well as up. Values may also be affected by exchange rate movements and investors may not get back the full amount originally invested. Before purchasing any investment fund or product, you should read the related prospectus and fund documentation, including full details of all the risks associated with it, to form your own assessment and judgement on whether this investment is suitable in light of your financial knowledge and experience, investment objectives and financial or tax situation and whether to obtain specific advice from an investment professional. The prospectus, key investor information document (KIID) and other fund related materials are available in English and, for the KIID, in the official language of the countries in which the fund is available for distribution on the Nomura Asset Management U.K. Ltd. website at https://www.nomura-asset.co.uk/fund-documents/ Nomura Asset Management U.K. Ltd. is authorised and regulated by the Financial Conduct Authority. Portfolio data source: Nomura Asset Management U.K. Ltd.
A summary of investor rights in English and information on collective redress mechanisms are available at https://www.nomura-asset.co.uk/download/funds/how-to-invest/Summary_of_investor_rights.pdf. Nomura Asset Management U.K. Limited may at any time decide to terminate arrangements it may have made for the marketing of units of a fund in a member state other than its home member state.’
About American Century Investments
Who We Are
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research.
Quick Facts
Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in Kansas City, Missouri; New York; Los Angeles; Santa Clara, California; Portland, Oregon; London; Frankfurt, Germany; Hong Kong; and Sydney.
Management
Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer.
Giving Back
Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of more than $2 billion since 2000.
The sub-fund is registered for sale in: Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, UK.
This communication has been prepared for information purposes only and does not constitute an offer to buy or sell any security and does not constitute an investment recommendation or investment, accounting, tax or legal advice.
SFDR Disclosure: The EU Sustainable Finance Disclosure Regulation (“SFDR”) requires investment firms to formalise how sustainability is integrated into their business and processes, and to make new public and client-facing disclosures on sustainability matters. The aforementioned disclosures relating to Nomura Asset Management U.K. Limited are published on the website at https://www.nomura-asset.co.uk/responsible-investment-asset-management/esg-sustainable-investment/. Product related disclosures regarding Nomura Funds Ireland PLC, its sub-funds can be found in the prospectus. The American Century US Focused Innovation Equity Fund is an Article 6 fund according to SFDR.
American Century Investment Management (UK) Limited is authorised and regulated by the Financial Conduct Authority.
American Century Investment Management (UK) Limited is registered in England and Wales. Registered number: 06520426. Registered office: 12 Henrietta Street, 4th Floor, London, WC2E 8LH.
Nomura Asset Management Co., Ltd. is registered in company in Japan:
Registration Number: Director of the Kanto Local Financial Bureau (Financial instruments firms) No. 373
Member Associations: The Investment Trusts Association, Japan; Japan Securities Investment Advisers Association; Type II Financial Instruments Firms Association
Many of American Century's investment strategies incorporate the consideration of environmental, social, and/or governance (ESG) factors into their investment processes in addition to traditional financial analysis. However, when doing so, the portfolio managers may not consider ESG factors with respect to every investment decision and, even when such factors are considered, they may conclude that other attributes of an investment outweigh ESG considerations when making decisions for the portfolio. The consideration of ESG factors may limit the investment opportunities available to a portfolio, and the portfolio may perform differently than those that do not incorporate ESG considerations. ESG data used by the portfolio managers often lacks standardization, consistency, and transparency, and for certain companies such data may not be available, complete, or accurate.
International investing involves special risks, such as political instability and currency fluctuations.
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