Vermeer Investment Management

About the Fund

Vermeer was founded in 2014 with its first Fund, the Vermeer Global Fund, launched in December 2016. The Vermeer Global Fund has a proven track record of consistent outperformance with an investment team with over 60 years of combined market experience and interests that are completely aligned with investors as the team all have significant investments in the Fund.

The objective of the Vermeer Global Fund is to generate long term capital growth. The Fund will seek to achieve its objective by investing primarily in a diversified portfolio of global equities that have attractive growth potential. There can be no guarantee that the Fund’s objectives will be achieved.

The Vermeer Global Fund can invest in between 30 and 60 individual stocks. The Fund is benchmark, geography and style agnostic with a high active share and invests in a highly liquid portfolio of listed equities across a wide range of market capitalisations. Since launch, the Fund has always been at the upper end of this holdings range.

In pursuing its objectives, the Fund seeks out opportunities that in its opinion offer the best possibility of capital and dividend growth, provided the securities satisfy the investment process. The Fund aims to identify companies that it believes will offer the prospect of capital appreciation and takes a long-term approach to selecting investments. The managers of the Fund have a large proportion of their own liquid wealth in the Fund and so the team’s interests are highly aligned with investors.

UCITS ICAV

The Vermeer Global Fund is recognised by the FCA and regulated by the Central Bank of Ireland and is a sub fund of the Irish domiciled Vermeer UCITS ICAV. The Vermeer UCITS ICAV is a non-PFIC and is registered as a foreign partnership.

Investment Objective

The aim of the fund is to generate long term capital growth. The
fund invests in a diversified portfolio of global equities that have
an attractive growth potential. The portfolio will hold between 30 and 60 stocks.

Top 10 Stock Holdings

Stock
BP
Microsoft
Apple
Novo-Nordisk
Oracle
Roche
United Parcel Service 2.60%
Toyota Motor
Amazon
Keyence
Cash
Weight
4.30%
4.03%
4.00%
3.31%
3.30%
2.98%
2.60%
2.59%
2.54%
2.51%
10.34%
Portfolio Manager
Inception Date
Base Currency
Dealing
Initial Charge
AUM
Estimated Yield
No. of Holdings
Active Share
Tim Gregory
5th December 2016
GBP
Daily
None
£55.4m
1.7%
57 holdings
81.7%

Available Platforms:
7IM, AllFunds, Ascentric, Aviva for Advisors, Embark, FNZ,
Hargreaves Lansdown, Novia, Pershing, Platform Securities,
Raymond James, RBC, Rensburg, Succession, Transact,
FundsNetwork, AJ Bell

Geographical Split

United States
Europe
United Kingdom
Japan
India
Singapore
Cash
42.23%
19.70%
12.19%
11.05%
2.53%
1.96%
10.34%

Sectors

Communication Services
Consumer Discretionary
Consumer Staples
Energy
Financials
Healthcare
Industrials
Materials
Technology
Utilities
Cash
6.36%
14.81%
5.71%
6.34%
2.68%
12.19%
17.01%
3.32%
21.24%
0.00%
10.34%
Share Class
Class A
AMC
0.45%
OCF*
0.70%
Min
£3million
Price
183.008483
Share Class
Class A3
AMC
0.25%
OCF*
0.50%
Min
£1million
Price
136.434674
Share Class
Class B
AMC
0.75%
OCF*
1.00%
Min
£5,000
Price
164.726904
Share Class
Class B1
AMC
0.75%
OCF*
1.00%
Min
$7,500
Price
138.877416
Share Class
Class C
AMC
0.75%
OCF*
1.00%
Min
£5,000
Price
171.026924

*Ongoing Charge Fee
Full explanation of the Fund’s charges can be found on
the KIID and the Costs & Charges sheet

Monthly Performance Data – Class A GBP

2017
Jan
1.83%
Feb
3.16%
Mar
0.96%
Apr
-1.35%
May
5.19%
Jun
-1.18%
Jul
3.36%
Aug
3.97%
Sept
-2.29%
Oct
2.66%
Nov
0.39%
Dec
1.12%
Year
18.99%
2018
Jan
1.29%
Feb
1.17%
Mar
-3.96%
Apr
2.87%
May
4.95%
Jun
-0.07%
Jul
1.07%
Aug
3.13%
Sept
0.03%
Oct
-7.61%
Nov
1.36%
Dec
-4.90%
Year
-2.03%
2019
Jan
3.79%
Feb
2.40%
Mar
3.61%
Apr
2.88%
May
-1.43%
Jun
5.33%
Jul
5.12%
Aug
-1.75%
Sept
1.15%
Oct
-2.29%
Nov
3.84%
Dec
0.98%
Year
25.90%
2020
Jan
-2.51%
Feb
-5.19%
Mar
-5.70%
Apr
7.56%
May
8.11%
Jun
2.63%
Jul
0.48%
Aug
3.82%
Sept
2.05%
Oct
-2.68%
Nov
6.76%
Dec
2.22%
Year
17.60%
2021
Jan
-1.16%
Feb
1.84%
Mar
2.60%
Apr
4.45%
May
0.01%
Jun
3.74%
Jul
2.10%
Aug
3.27%
Sept
-2.37%
Oct
2.87%
Nov
0.58%
Dec
1.11%
Year
16.17%
2022
Jan
-7.19%
Feb
-2.36%
Mar
3.96%
Apr
-4.42%
May
-2.73%
Jun
-5.03%
Jul
7.65%
Aug
Sept
Oct
Nov
Dec
Year
-10.45%