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International equity strategies

SWIP offers a number of international strategies with global and regional coverage. These strategies provide clients with tailored investment solutions and form the basis of our retail funds range.

Strategy Benchmark Target Fund
  Manager		 Objective
EAFE MSCI EAFE Index (US$) Benchmark +150bp annualised over a 3 year rolling period Mike McNaught-Davis The portfolio seeks to capture the highest conviction ideas across all sectors and geographies (ex-US) and distills them down into 40-50 names.
Global MSCI World Index (£) Benchmark +200bp annualised over a 3 year rolling period Iain Fulton The strategy utilises a focused portfolio that invests in only our very best research ideas. The portfolio typically consists of around 40 stocks in which we have the highest level of conviction. The benchmark is the MSCI orld Index with a 2% outperformance target per annum.
Global Emerging Markets MSCI Emerging Markets Index Benchmark + 1.0% p.a. Iain Fulton To provide long-term capital growth in excess of the benchmark from a portfolio of SWIP's best emerging markets ideas.
Global Islamic Dow Jones Islamic Market Index* Benchmark + 2.0% p.a. Johnny Russell To provide investors with long-term capital growth primarily through direct and indirect investment in a portfolio of equity securities issued by Shariah-compliant companies from around the world.
International MSCI World ex UK Index Benchmark + 2.5% p.a. Iain Fulton The aim of the strategy is to provide shareholders with long-term total returns from direct equity investment in all geographical areas of the world excluding the UK. The strategy is a focused portfolio of our key stock ideas from around the globe drawing on the extensive internal research platform which undertakes fundamental due diligence on companies. The portfolio is constructed along industry lines to identify 'our best research ideas'irrespective of country of domicile.
Japanese Equity MSCI Japan Benchmark + 2.0% p.a. Nick Duncan This strategy is run as a Japanese Equity growth portfolio, holding betweem 45-55 stocks.  Each of the stoe aim is to run as a concentrated, alpha strategy, holding between 45-55 stocks. Each of the stocks in our portfolio has been extensively researched in-house, allowing us to back our ideas with greater conviction over a 2-3 year investment horizon.
North American S&P 500 Benchmark + 2.5% p.a. Nick Ford The strategy is run with a broad coverage of 150 – 160 stocks and is run in a core and alpha style.  We base all our decisions on our rigorous in-houe research which ensures that we back our best ideas meaningfully.

*The "Dow Jones Islamic Market IndexSM" is a product of Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC ("CME"), and has been licensed for use. "Dow Jones®", "Dow Jones Islamic Market IndexSM" and "Dow Jones Indexes" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and have been licensed to CME and have been licensed for use for certain purposes by Scottish Widows Investment Partnership Limited.

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