HCP Focus

UNIQUE AND CONCENTRATED EQUITY FUND THAT INVESTS IN QUALITY COMPANIES OF HIGH GROWTH RATE AND LASTING COMPETITIVE ADVANTAGE.

Fund Strategy

The fund follows the discipline of value investing by primarily purchasing high-quality, large- and mid-cap stocks at substantial discounts from the estimated intrinsic value. HCP Focus has exceeded reference indexes by selecting companies that (a) have an exceptional strategic competitive advantage, (b) benefit from one or more global megatrends (c) are in our best evaluation underpriced.

Fund Performance

The returns are net returns (returns after fees)

Please note that past performance is not indicative of future performance. The HCP Focus strategy commenced operations 31.5.2007. The strategy has been operating under a mutual fund structure since 31.11.2012. The returns for the period 31.5.2007 – 15.12.2009 are gross returns (returns before fees). The returns for the period starting 16.12.2009 and onwards are net returns (returns after fees). All indices are total-return indices with all dividends reinvested. The return numbers are audited. All returns are calculated in euros.

The returns are net returns (returns after fees)

Please note that past performance is not indicative of future performance. The HCP Focus strategy commenced operations 31.5.2007. The strategy has been operating under a mutual fund structure since 31.11.2012. The returns for the period 31.5.2007 – 15.12.2009 are gross returns (returns before fees). The returns for the period starting 16.12.2009 and onwards are net returns (returns after fees). All indices are total-return indices with all dividends reinvested. The return numbers are audited. All returns are calculated in euros.

Megatrends and Investing

Both financial theory and practical experience clearly show that the most successful investment strategies are usually long-term strategies.

The longer the investment horizon is, the more important it is to account for megatrends in the decision-making process. HCP Focus portfolio companies benefit especially from digital revolution which is aided by the shift of work and leisure towards online.

HCP Focus’ Portfolio Management Team

Pasi Havia

Portfolio Manager

Pasi Havia
Portfolio Manager, Partner for Private Clients

Junior Portfolio Manager

Elias Koski
COO, Head of Fund Administration

Analyst

Anthony Simola
Deputy COO, Analyst

Investor Updates