The Global Equity Unconstrained SICAV mirrors the firm’s existing OEIC offering which launched in January 2007.
Driven by demand from overseas investors, the fund aims to provide long-term growth by investing in a diversified portfolio of global equity assets.
Since 2010, the fund has been managed by the co-head of global equities, Mikhail Zverev, who said the fund is designed for investors looking to generate high alpha in their equity allocations, while also utilising a portfolio which is benchmark agnostic.
The retail share class for the fund has a minimum investment of $1,000 and a fee of 1.7% per year.
It has also been seeded with £5m capital.
Over the last five years, the fund – which has no performance fee – has returned 86.7% compared to the benchmark return of 64.4%.
Standard Life Investments’ global equity team, which is based in both Edinburgh and Boston, is comprised of 60 investors and has a strategic alliance with Japanese fund manager Sumitomo Mitsui Trust Bank.
