FUND HIGHLIGHTS - Dominion Fundsdominion-funds.com/images/downloads/fhl/nov2017/Managed... · 2017. 12. 13. · Spectro Analytical Labs Ltd. Spectro leads the Indian market in environmental

November 2017Fund Results*

FUNDHIGHLIGHTS

EUR -1.28%

USD +0.87%

GBP -0.85%

USD HEDGED -1.08%

www.dominion-funds.com

Economic Outlook for December 201701 December 2017 – A drop of more than 1% of the NASDAQ index on November 29 reminded investors that the relatively low volatility in equity markets this year cannot be expected to last indefinitely without occasional spikes of uncertainty. The drop also comes after a very strong performance of technology shares year-to-date. For long-term investors it is important to look through the noise that typically accompanies weak equity markets and address the following question: to what extent have long-term prospects changed?

To read the full story visit www.dominion-funds.com

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Top 5 Performers*

1 +2.32%

2 +1.30%

3 +0.85%

4 +0.71%

5 +0.56%

*1 Month Performance

INDUSTRIALS

ECOMMERCE

AGRIFOOD

HEALTHCARE

WATER

1 Month Fund Performance

01.11.17

1.46

1.47

1.45

1.43

1.44

1.42

1.41

1.40

1.38

1.39

November 2017 30.11.17


Agrifood

Just Eat prepares to join the big leagues

Industrials

Delphi Automotive sees “record third quarter financial performance”

29 November 2017 – Next month, online takeaway delivery service Just Eat will join the FTSE 100, with a market valuation of around £5.6 billion. The company went public in 2014, and since then, its value has tripled – easily outperforming the index. This growth is being driven by British consumer preferences, and the trends that led to their change show no sign of slowing down. Add in the company’s recently approved merger with Hungry House, and Just Eat is on the cusp of becoming a major player.


06 November 2017 – Automotive component making giant Delphi Automotive released third quarter earnings last week that broke its own records. The company said that revenue came in 4.4% higher than the third quarter of 2016, at $4.3 billion, and earnings “excluding special items” hit $1.66 per share – that’s an 11% rise against the year-ago quarter. For the first nine months of the year, the company has performed even better: revenue of $12.9 billion (up 6% against the first nine months of 2016), and earnings per share of $4.95 (up 11% from the first nine months of 2016).


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Water

Xylem sees positive earnings, revenue, and order growth in third quarter

02 November 2017 – Global water technology company Xylem Inc. reported strong figures for the third quarter of 2017 this week. The company said that adjusted net income had risen by 20% from the same quarter in the previous year to $119 million, or $0.65 per share. Revenue for the quarter, which came in at $1.2 billion, rose by even more at +33% year on year. This figure includes the company’s Sensus business, which it acquired at the end of last year. The company also said it saw organic growth across all of its segments.



Business Services

Eurofins Scientific pushes further into India with Spectro acquisition

Technology

Tencent is now the world’s most valuable social networking

23 November 2017 – Eurofins Scientific, the world leader in bioanalytical testing, has announced the acquisition of Spectro Analytical Labs Ltd. Spectro leads the Indian market in environmental analytical product testing and inspection, and Eurofins will be hoping that it can provide the company with a bigger footprint in the country. Spectro has been in business for 22 years, and is highly accredited in India.


24 November 2017 – After an incredibly strong rally, which saw its value climb by $292 billion, Tencent has become the fifth most valuable company in the world. In doing so, it has ousted Facebook from the top 5 and become the world’s most valuable social networking company. The WeChat operator, and Chinese mobile game kingpin, now has a market cap of $532 billion – just edging out Facebook, which is worth $522 billion.


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28 November 2017 – Social media giant Facebook became embroiled in the recent controversy over Russian “hacking” of the last U.S. Presidential Election, when it transpired that Russian-bought political ads were featured on its site. The company, like peer, Google, is eager to learn from the experience, making its networks more robust, more resistant to disinformation, and more heavily policed.


Ecommerce

Facebook gets serious challenging ad disinformation


Luxury

Live Nation best LGBTQ employer in U.S.

15 November 2017 – According to the Human Rights Campaign, live event mastermind Live Nation is the best place to work in the U.S. if you are lesbian, gay, bisexual, transgender, or queer (LGBTQ). The Campaign rated 947 of the nation’s biggest businesses, and Live Nation was one of the rare few to score a perfect 100% on equality between straight and binary-gendered employees, and LGBTQ employees.


IMPORTANT NOTES

The performance of the chart illustrates the performance of the core portfolio of Dominion Global Trends – Managed Fund which is denominated in Euro B share class. For the performance of the individual share classes in Euro, US Dollars or British Pounds please refer to www.dominion-funds.com.

All information correct as at 30th November 2017.

“Global Trends Managed Fund” or “Managed” refers to the Dominion Global Trends - Managed Fund a sub fund of Dominion Global Trends SICAV p.l.c., regulated by the Malta Financial Services Authority. The Fund is recognised by MAS in Singapore.

The state of the origin of the Fund is Malta. This document may only be distributed in or from Switzerland to qualified investors within the meaning of Art. 10 Para. 3, 3bis and 3ter CISA. The Representative in Switzerland is ACOLIN Fund Services AG, Affolternstrasse 56, CH-8050 Zürich, whilst the Paying Agent is Banque Cantonale Vaudoise, Place St-François, CH-1003 Lausanne. In respect of the units distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss representative. The basic documents of the Fund as well as the annual and, if applicable, semi-annual report may be obtained free of charge at the registered office of the Swiss Representative.

This document is not designed to be comprehensive and must be read in conjunction with the main prospectus and offering supplement of the Fund which provide full details and important information about the Fund and are available to download www.dominion-funds.com. This report contains commentary and represents the views and opinions of the author. Whilst care has been taken with the preparation of this commentary, the contents should not be taken as advice of any kind to any party.

The risk profile of the Fund will be typical of other pure equities based funds and market movements may cause the value of investments and any income from them, to go down as well as up. Past performance is not indicative of future results. Returns may increase or decrease as a result of any currency fluctuation.

This document is not an offer for sale. If you are considering an investment or would like to find out more please contact your professional advisor so they can advise you. Use or copying of the information is not permitted without the prior written consent of Dominion Fund Management Limited.

© 2017 Dominion Fund Management Limited (“DFML”). All rights reserved.

DFML is licensed by the Guernsey Financial Services Commission under the Protection of Investors (Bailiwick of Guernsey) Law 1987, as amended. DFML is a member of the Dominion Group of companies. Registered Address: St Peters House, Le Bordage, St. Peter Port, Guernsey GY1 1BR. Company no.42592.

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1 MONTH PERFORMANCE AS AT: 30/11/2017

EUR IC SHARE CLASS -3.92% EUR B SHARE CLASS -1.72%

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Industrials

By 2025, one out of every six new cars on the road will be electric

30 November 2017 – A decade ago, the jokes were that electric cars didn’t accelerate fast enough, and usually ran out of energy before they got where they were going. This year, we’ve seen how wrong those jokes were: the trend towards electrification doesn’t show any signs of running out of energy – and it’s moving faster than we previously thought.


Documents

FUND HIGHLIGHTS - Dominion Fundsdominion-funds.com/images/downloads/fhl/nov2017/Managed... · 2017. 12. 13. · Spectro Analytical Labs Ltd. Spectro leads the Indian market in environmental