Hyperion Global Growth Companies B is an Managed Funds investment product that is benchmarked against Developed -World Index and sits inside the Foreign Equity - Large Growth Index. Think of a benchmark as a standard where investment performance can be measured. Typically, market indices like the ASX200 and market-segment stock indexes are used for this purpose. The Hyperion Global Growth Companies B has Assets Under Management of 920.36 M with a management fee of 0.7%, a performance fee of 3.81% and a buy/sell spread fee of 0%.
The Hyperion Global Growth Companies Fund (Managed Fund)* returned 0.7% for August, underperforming its benchmark (MSCI World Accumulation Index (AUD)) by 0.9%. Intuit Inc., Mastercard Incorporated, and Visa Inc. saw the largest positive share price movements, while Block Inc., Palantir Technologies Inc., and Roku Inc. saw the largest share price declines over the month.
The month of August was quieter as the market digested company results and further macroeconomic news. Hyperion was broadly pleased with our portfolio companies’ quarterly results, which were in line with our long-term forecasts.
Economic data continues to show that the economic jolt from the pandemic is subsiding and stability in bond yields is being maintained. Stability is important as it allows confidence to come back into markets. Short-term valuations from higher bond yields look to have rebased and we are now importantly seeing our companies’ underlying fundamentals and earnings be the basis for market valuations. Hyperion still believes that we will revert to a lower growth, lower inflation, and lower interest rate world and in fact we are starting to see that in some parts of Europe and Asia. A lower growth environment is much more favourable for growth investing.
Although we have seen strong performance for the year to date, we believe the long-term return outlook for our portfolio remains attractive, with forecast internal rates of return above their long-run averages.
Product Snapshot
Performance Review
Product Overview
Peer Comparison
Product Details