Discovery Q2 investment update

AI is revolutionising industries globally. Stewart Hogg explores how AI is reshaping companies and driving long-term growth.

An update on performance, portfolio movements and investment outlook.

The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.

The Global Discovery Fund aims to outperform (after deduction of costs) the S&P Global Small Cap Index, as stated in sterling, by at least 2 per cent per annum over rolling five-year periods.

The Worldwide Discovery Fund aims to produce attractive long-term returns, mainly through capital growth. The Fund will invest primarily in equities which are listed, traded or dealt in on Regulated Markets worldwide and which will typically be stocks of smaller or younger companies that the Investment Manager considers to have strong future growth prospects.