Fund overview
The Fund’s investment objective is to seek long-term growth of capital by gaining exposure to primarily equity and equity-related securities of companies located around the world.
The Jennison Global Equity Opportunities Fund is an Australian Feeder Fund which will invest primarily in an AUD unhedged share class of the PGIM Jennison Global Equity Opportunities Fund (Underlying Fund).
In managing the Underlying Fund, Jennison’s team takes an opportunistic approach to unconstrained global growth investing. It focuses on market-leading companies with unique business models, positively inflecting growth rates and long duration competitive advantages. The investment team aims to identify underestimated growth opportunities and capture the inflection point in a company’s growth rate.
The Underlying Fund’s investment ideas are generated by the investment team’s research analysts, supplemented by a screen that identifies companies with fundamental characteristics the team believes will contribute to longer-term performance. Companies identified in the idea generation phase are rigorously researched, focusing on innovative and disruptive businesses, defensible business models with significant competitive barriers to entry, and long term demand trends.
Key features of the Fund
- Exposure to an underlying fund that invests in companies around the world utilising an active management approach that does not intend to track the benchmark.
- Broad fundamental research leverages Jennison’s 50-year history of growth stock investing.
- Jennison Associates adheres to an active management approach which has been refined over five decades.
- High conviction alpha concentrated approach that is sector and region agnostic.
- Proprietary fundamental research targets a very select group of companies.
- Active risk management and sell discipline with a focus on stock-specific risk from point of entry through final sale.