Elevation Capital was founded in 2007 and is a true boutique that is still owned by its directors and executives today. Elevation Capital is a ‘value oriented’ investor who believes by maintaining a more global focus there is a greater opportunity to invest in companies trading at a discount to their intrinsic value with attractive long-term fundamentals. Elevation Capital believes that when you are several thousand miles away from Wall Street in a different nation, it’s easier to be independent and buy the things other people are selling, and sell the things that other people are buying. Accordingly, their investment philosophy is best summarised by: “Independent Thinking – Disciplined Investing”.

Elevation Capital is recognised globally for its research which is published regularly on its blog and website.

As at 4 March 2020, the Elevation Capital Global Shares Fund portfolio includes the following companies:

Elevation Capital on InvestNow

The Elevation Capital Global Shares Fund (was called the Elevation Capital Value Fund prior to 31st July 2019) is a Portfolio Investment Entity (PIE) that seeks to provide investors with long-term capital growth and income by directly investing in equities on a global basis, while at the same time adhering to a “Margin of Safety” investment philosophy.

A review of the Elevation Capital Global Shares Fund’s portfolio will detail investments that typically exhibit one or all of the following characteristics:

• Low price in relation to net asset value or “intrinsic value”* (corporate net worth);
• Low debt levels**;
• A history of paying dividends and/or returning capital to shareholders; and,
• Have some form of economic moat e.g. brands, franchises or other.

The culmination of these factors results in the aforementioned “Margin of Safety” – the discount between the purchase price and our estimate of intrinsic value.

The Elevation Capital Global Shares Fund (previously named Elevation Capital Value Fund) was awarded the Morningstar International Equities Category Fund Manager of the year 2017, New Zealand and has received nominations within the same category in the past.