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The Fund adopts a high conviction, long-only stock picking approach that invests in listed shares of 20-45 companies around the globe, which aims to: • create shareholder wealth as a result of their intentional management strategy and/or business models; • identity stocks that are priced at a significant discount to conservative estimates of cash-based, long-term intrinsic value; and • demonstrate a reasonable investment ‘margin of safety’ in the analysis of the above two attributes.
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