EPIC Global Equity Fund: If I owned one global company

EPIC Global Equity Fund
April 2024

If I owned one global company Despite the myriad challenges presented by the pandemic, geopolitical tensions, supply chain disruptions, inflation, and rising interest rates, certain businesses have not only endured but moreover have managed to outperform.

We have identified one such example which has thrived in times of adversity.

Over the last five years it has sustained double-digit top-line growth whilst maintaining gross margins approaching 65% and operating margins of 30%. This has allowed it to grow free cash flow at 15% annually and deliver a cash return on invested capital of 18%. Moreover, it has clearly identifiable drivers of further potential growth over the next five years and beyond.

Would you consider investing in such a company?

The “company” in question is the EPIC Global Equity Fund and these impressive weighted average financial metrics have allowed it to deliver first quartile returns against its peers over one, two and five year benchmarks.

Malcolm Schembri
Fund Manager, EPIC Global Equity Fund