Investors in the Elevation Capital Global Shares Fund own a share of Visa Inc. [V], a multinational payment facilitator who has issued over 3.2 billion cards to date. The Fund added Visa to our portfolio during the recent market sell-off. Visa one of the world’s largest companies by market capitalisation and has been playing a vital role in assisting governments and businesses navigate through this volatile period. The use of cash is declining while e-commerce and digital wallets are on the rise aided by the proliferation of smart-devices and improved offerings by companies like Amazon and Shopify. Visa is well positioned to capture the increase in payment flows through its financial ecosystem as a result of changing consumer and business behaviour.

Learn more about why we believe Visa represents a compelling long-term investment opportunity by reading our summary report here.