The strong and consistent returns we obtain for our investors are achieved by investing in  businesses that are highly profitable and cash generative, with strong balance sheets. But which  ones? 

Over time, an increase in the share price of a company follows its earnings growth. Investing in those few, well positioned and highly profitable companies benefitting from megatrends, delivers 'best of the best' outcomes. 

Here are 3 of our 16 big megatrends boosting returns: 

Household Formation 
The supply of U.S. homes for sale is near a record low, and the gap between supply and demand is widening. As the millennial generation reaches their first home purchase, and the 46-year-old plus cohort is accelerating, there are 10-15 year tailwinds for this megatrend. 

Enterprise Digitisation
Digital transformation that was projected to happen over the next 10 years is happening now and it's accelerating. As an additional boost, the pandemic has pushed this along further, with companies significantly upping their spend on enterprise digitisation. The rapid adoption of hybrid work models, online shopping and even services such as doctor consultations, exemplify this. 

Internet of Things
A key enabler for this megatrend is 5G. Yes, we may have heard this term too many times already, but what it enables behind the scenes is extraordinary, pushing the boundaries of imagination. Global 5G services is expected to grow at a compound annual growth rate (CAGR) of 23%, to reach $188 billion in 2025. Just the start.