In a year largely driven by narrative ("Value! Growth! Reflation! Deflation!"), the AIM GHCF's portfolio of high-quality companies delivered a solid return (+25.8%), with much lower volatility than the market.
In this Webinar, the AIM investment team looks at what drove those returns and discusses why we believe ignoring market narratives and focusing on fundamentals is a much better recipe for long-term sustainable returns.
1:20 FY21 performance overview with focus on risk-adjusted returns
5:55 Stocks that drove performance in FY21
15:26 AIM quality scorecard
19:03 Full portfolio as at 30 June 2021
21:53 Explaining the quality investment continuum with stock examples
24:38 Stock discussion - HEICO Corporation
32:21 Stock discussion - Nintendo
39:10 A portfolio positioned for multiple outcomes
40:45 Why it's a great time to be an investor
43:40 What we are doing & what we want to deliver
45:20 How do you analyse the strategic dimension of a business?
48:02 Macro outlook?
52:55 Do you invest in IPOs?
54:00 How many stocks do you look at before you build a position?
58:30 Minimum investment amounts?
59:22 Are you concerned that size may erode performance over time?
1:00:42 Thoughts on latest developments regarding US tech regulation?
1:10:00 Concluding remarks