Kennox Asset Management (KAM) is a long-only global equities fund manager based in Edinburgh, Scotland. The company focuses exclusively on the management of one fund: The Strategic Value Fund.

The Strategic Value Fund

The Strategic Value Fund offers a concentrated portfolio of holdings in companies around the world. The Fund provides the following key benefits:

• Long-term performance uncorrelated with index returns.
• Attractive dividend yield paid twice a year.
• Patient approach with low turnover (typically less than 20% per annum).
• Focused on a small portfolio of holdings (usually less than 30 companies) chosen both for their intrinsic value and for their contribution to overall portfolio diversification.

Investment Management

KAM’s investment team is passionate about strategic value investing, has a wealth of experience and an impressive track-record. They employ a rigorous and disciplined process in identifying companies that meet our clear investment criteria.

Typical Portfolio

The pie charts below show various key axes of diversification for the Fund as at 31 August 2009. These pie charts change through time, but this snapshot is a useful illustration of the ‘typical’ consequences of the KAM approach.