The Trident Global Growth Fund – Get in for August 1st Intake
Lance Spicer, Fund Manager, Trident Global Growth Fund, 27 Jul 2011, 1:26 PM
As many of us now know, the Australian stock market is probably the worst performing industrialised market in the world in 2011. The All Ordinaries index was down over 4% for the year as of yesterday.
We already have one quarter of negative growth, are we going to see a second and then we’ll be officially in recession?
Many investors who have money in Australian share portfolios, superannuation or in Self Managed Super Funds would be feeling more than a little unhappy knowing their investments have definitely gone backwards this year. Most are unsure of the future with the Government’s new carbon tax amongst other things. This makes investing a little tricky, but there are some solutions.
The strong Australian dollar does offer some real benefits for investors who can think “outside the square”. What I’m talking about is investing in overseas shares at the discount the Australian dollar provides. We all know it’s fun to shop in the US for cheap goods these days, but what about doing the same for US shares, such global blue chip companies like IBM, Apple and Google?
Most economists agree, the Australian dollar won’t stay at these elevated levels forever, particularly when you consider the economic headwinds we face. So, acting soon and taking advantage of the dollar is a wise investment choice, particularly when you consider the US market has gone up over 5% this year, while the Australian market was down over 4%.
As an example, we have had stunning earnings reports from Google, Apple, IBM and 10 other companies that are held in the Trident Global Growth Fund. In fact, nearly every single Trident Global Growth Fund holding that has announced second quarter earnings has beaten earnings and sales expectations and has also increased their forward earnings guidance!
There are few Australian equity funds that can say that - if any. The Trident Global Growth Fund is positioned in the “sweet spot” of American corporate earnings and we expect, based on our research, that the next 6 to 12 months will be even better. It’s only very early days for the fund, as it’s just over 6 months old now and our investment strategy is based on the longer-term, like 3 - 5 years. However, as this is the first quarter where we have been “fully invested” it is pleasing that we are starting to see the benefits flowing through now.
You can diversify your portfolio or Self Managed Super Fund into these and other global blue chips with as little as $15,000 and top up with any amount you like any time in the future. My family and I are investors in the fund and I have been regularly increasing my holding, because I know how our holdings are performing and how they’ll be performing in the future. The near term problems of European debt concerns, as well as those in the US, will soon pass and the US recovery will pick up pace as corporate earnings are already indicating. As for the Australian market, well, it could take a while yet.
Find out more about The Trident Global Growth Fund
The fund accepts new deposits on the 1st day of each month, so if you want to get in for the 1st August intake and start maximising your investment, an application form needs to be completed and the funds transferred by 5pm Friday 29th July.
Click here to download the PDS. The application form starts at Page 31.
If you’d also like to invest directly into US and Overseas shares with safety, you may wish to also consider Trident Confidential, my weekly newsletter. We invest in a diverse range of US and Australian stocks and have achieved an average of 80% per annum since we started in 2005 and this year we are already up over 22% while the market is down 6%.
As you know, Trident Confidential is not just stock picks. It is a proven investing system with full guidance and protection strategies, so you can make great profits whilst keeping risk to the absolute minimum.