Valence Global Fund is a diversified portfolio of global equities that aims to deliver outstanding returns to its investors. In 2023, the fund achieved an absolute +30.2% return, outperforming the MSCI World Index. This was achieved despite the uncertain market conditions and the gloomy outlook that prevailed in 2023.
Our Investment Philosophy
At Valence Global Fund, we believe that the key to successful investing is to focus on the fundamentals of the businesses we invest in. We look for companies that have strong cash flows, pricing power, and competitive advantages that allow them to grow and generate value over the long term. We do not follow the crowd, chase the latest fads, or rely on second-hand research or chart patterns. Instead, we do our own in-depth research, reading financial statements and earnings reports and using quantitative analysis to evaluate the quality and valuation of the companies we invest in.
The Importance of Professional Fund Management
We understand that investing in the global equity market can be challenging and complex for many investors. A lot of information is available, but not all of it is relevant, accurate, or reliable. Using information without understanding its source, context, and implications can be dangerous, as it can create the illusion of knowledge and lead to poor investment consequences.
That is why engaging a skilled and professional fund manager is essential for achieving your investment goals. At Valence Global Fund, we are a team of experienced and qualified fund managers with the skillset and expertise to analyse and interpret the information, filter out the noise, and identify the best opportunities in the market. We also have a robust risk management framework that ensures we diversify our portfolio, monitor our performance, and adjust our strategy as needed.
Our Alignment with Our Investors
At Valence Global Fund, we are committed to serving the best interests of our investors. We do not charge any management fees or commissions, as we believe these can reduce your returns and create conflicts of interest. Instead, we only take fees when we outperform the last high-water mark, which aligns our incentives with yours. We also provide full transparency and accountability, reporting our portfolio holdings, performance, and strategy on a regular basis. Also, most of our managers’ investable net worth is in the fund.
Valence Global Fund has a strong track record, achieved by focusing on the fundamentals of the businesses we invest in and using our own research and analysis. We are confident that our fund will continue to excel in the future as we seek to capitalise on the opportunities the global equity market offers.
As the Chinese sage Lao Zi once said:
“The journey of a thousand miles begins with a single step.”
The investment journey is long and treacherous, yet it can be fulfilling and enlightening. We invite you to join us with peace of mind at Valence Global Fund.