LUXURY FUNDS Team Lux Lin Bo Dr. Mikalai Malinouski Dr. Goran Malojcic June 2 nd 2013
Feb 26, 2016
LUXURY FUNDSTeam LuxLin BoDr. Mikalai Malinouski Dr. Goran MalojcicJune 2nd 2013
STRATEGY OVERVIEW FOR TEAM LUX Investing in Companies that Provide Luxury
Goods or Services to Customers
Companies with Strong Brand Recognition
Companies Successful in Emerging Markets (e.g.: China, India, Russia, etc.)
Companies That are Able to Satisfy Local Demand and Tastes, Without Losing the Global Brand Heritage
LUXURY BRAND FUNDS Julius Baer Multistock - Luxury Brands
Fund Credit Suisse SICAV (Lux) Equity Luxury
Goods
JULIUS BAER MULTISTOCK - LUXURY BRANDS FUND Open-End Investment
Fund (Luxembourg) Long-Term Capital
Growth by Investing in Companies Worldwide Which Own Established Brands and Offer Products and Services in the Luxury Goods Sector
TOP FUND HOLDINGSName % of Total 52-weeks change %
Swatch Group AG 7.18% 74.58
Cie Financiere Richemont SA 5.99%93.88
Pernod-Ricard SA 4.69% 34.67Tiffany & Co 4.61% 65.31
Bayerische Motoren Werke AG 4.56%43.40
Estee Lauder Cos Inc/The 4.42% 34.15Burberry Group PLC 4.37% 51.61
Diageo PLC 4.00% 36.56NIKE Inc 3.94% 57.14
Ralph Lauren Corp 3.94% 43.28Total 47.69%
CREDIT SUISSE SICAV (LUX) EQUITY LUXURY GOODS Invests Globally in Leading
Luxury Goods Companies Offers Access to Themes
Including the Rise of the Chinese Luxury Market, and the Overall Growth Potential of the Emerging Consumer, as well as Exposure to Emerging Brands in the Luxury goods industry
Unconstrained, Non-Benchmark Oriented Approach to Identify Attractively Valued Companies Positioned to Benefit From the Luxury Goods Theme
TOP FUND HOLDINGSName % of Total 52-week
change, %
Prada 7.83 100.00
Christian Dior 6.55 48.98Richemont 5.85 93.88
Hermes 5.58 35.75
Estee Lauder 4.91 34.15
Sands China 4.26 77.78Remy Cointreau 4.04 66.67
LVMH 3.87 46.15Galaxy Entertainment Group 3.29 156.25
Total 50.4
SECTORS IN %
RESEARCH METHODOLOGYNYSE Publicly Traded Companies in Luxury Sector
Selection Criteria:• Healthy Financial Situation
• Pre-Tax Profits• Net Revenue• …
• Sales and % Sales of Luxury Goods/Services in Emerging Markets
• % Sales of Luxury Goods or Services in Emerging Markets
• 20% - 60%• Increase in Dividend Payment
Companies to Invest for Portfolio
SOME OF OUR PICKS Tiffany’s COACH LVMH Estee Lauder Burberry
BENCHMARKS
TRADING MODEL INDICATORS & STATISTICS
Source: WealthInsight http://bricsonfocus.blogspot.com/2012/12/emerging-multimillionaires.html* Ultra-high net worth individuals are defined as means people with $30 million or more
By the end of 2011, there are 1.9 million high net worth individuals in the BRICS countries, with combined wealth of $7.5 trillion
Compared to US (Los Angeles: 950, NYC: 2,929), BRIC represents an already lucrative market, and has great future potential
Statistics such as # high net worth individuals in BRIC will be watched to steer the direction of fund investment
TRADING MODEL INDICATORS
In 2008, for the first time in history, the percentage of the richest 100 world billionaires in emerging markets (37 out of 100, or 37%) is greater than the percentage of the top 100 billionaires in the U.S. (32 out of 100, or 32%).
* The chart above was created using the Forbes annual rankings of world billionaires
WE WILL CONTINUE TO FOLLOW THESE MARKET REPORTS FOR INVESTMENT DECISIONS http://
www.deloitte.com/assets/dcom-unitedstates/local%20assets/documents/fsi/us_fsi_next%20decade%20in%20global%20wealth%20executive%20summary_050411.pdf
http://www.reuters.com/article/2011/05/04/wealth-millionaires-idUSN0310259120110504
http://www.theatlantic.com/business/archive/2011/05/the-millionaires-are-growing/238410/