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American Century Concentrated Global Growth Equity Fund
a sub-fund of Nomura Funds Ireland

The American Century Concentrated Global Growth Equity Fund employs the same philosophy, process and team that we have used successfully in our Global Growth strategy since 1999. The concentrated portfolio represents our best ideas in the global market and seeks to provide a higher alpha alternative for global allocations.

Investment Approach

The fund seeks to invest in companies demonstrating accelerating growth with market capitalizations of $3 billion or more located primarily in developed markets including the United States.

  • The portfolio represents our best ideas in the global market and is designed to provide a higher alpha alternative for global allocations, and typically holding 30 to 50 securities.
  • Centers on the belief that accelerating growth in earnings and revenues, rather than the absolute level of growth, is more highly correlated to stock price performance.
  • Directs us to research different companies than other growth managers, as we do not require an absolute threshold of earnings or revenue growth.
  • Allows us to take advantage of both the normal price appreciation that results from a company’s earnings growth and the market’s re-rating of a company’s price-to-earnings multiple.

Morningstar Overall Ratings as at 31-10-2022. Copyright © Morningstar 2022. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely; and (4) do not constitute advice of any kind, whether investment, tax, legal or otherwise. User is solely responsible for ensuring that it complies with all laws, regulations and restrictions applicable to it. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information, except where such damages or losses cannot be limited or excluded by law in your jurisdiction. Past performance is no guarantee of future results. Morningstar rating based on Nomura Funds Ireland – American Century Concentrated Global Growth Equity Fund I USD.

Potential significant risks

International investing involves special risk considerations, including economic and political conditions, inflation rates and currency fluctuations. Because this fund may, at times, concentrate its investments in a specific area, during such times it may be subject to greater risks and market fluctuations than when the portfolio represents a broader range of securities. The funds strategies may also result in high portfolio turnover that could result in increased commission costs, affecting the funds performance, as well as capital gains tax liabilities to the shareholder.

For additional strategy information, please visit the American Century Investments® website. (Please note that the link will access a website for contents of which we take no responsibility and to which our data protection rules do not apply.)

To learn about our strategic relationship with American Century Investments, please visit our Strategic Partnership page.

Investment Objective

The investment objective of the Sub-Fund is to achieve long-term capital growth through investment in a concentrated, actively managed portfolio of global Equity and Equity-Related Securities.

Fund Size

USD 167.1 million (as at 28.10.2022)

Investment Company

Nomura Asset Management U.K. Ltd.

Fund Managers

Keith Creveling, CFA, Co-Chief Investment Officer – Global Growth Equity, Senior Portfolio Manager,
American Century Investments
Brent Puff, Senior Portfolio Manager, American Century Investments
Ted Harlan, CFA, Portfolio Manager, American Century Investments

Launch Date

02.08.2019 / 07.11.2011

(This fund was launched on the 2nd August 2019 as a result of the merger of the American Century SICAV with Nomura Funds Ireland plc. The launch date (07.11.2011) refers to the launch date of the original fund.)

Base Currency

USD

Sector

Equity – Global

Benchmark

MSCI AC World Index

Domicile

Ireland (Nomura Funds Ireland Plc)

Fund ISIN Annual
Report
Semi-annual
Report
Fact
Sheet
Sales
Pospectus
KIID
U.K. / English
Class A EUR IE00BJLN9Q90
Class A USD IE00BJLN9P83
Class I EUR IE00BJLNBZ20
Class I USD IE00BJLNBY13

A German version of the prospectus can be found here.

The English version of the prospectus is legally binding.

Share classes without a KIID are not yet active but could be launched on request within a short period of time.

As per 01. August 2022

A complete overview of all available share classes of the fund as well as further information can be found on the website of Nomura Asset Management U.K. Ltd. (You will leave the website of Nomura Asset Management Europe KVG mbH and will switch to the website of Nomura Asset Management U.K. Ltd.)