Mayar Capital launches UCITS vehicle and renames Mayar Fund

by | Nov 10, 2021

Abdulaziz Alnaim
  • Irish UCITS structure gives retail investors easier access to 5-star rated Fund
  • Fund renamed to Mayar Responsible Global Equity Fund
  • Since inception, Fund has outperformed benchmark by 42.7% Cumulatively/1.6% p.a

Mayar Capital, the responsible value investing specialist, today announces the launch of a UCITS vehicle for its flagship Fund, the Mayar Fund.

The Fund, which recently celebrated its ten-year anniversary, has also been renamed the Mayar Responsible Global Equity Fund to better reflect the strategy and the principles of responsible investing that have been enshrined in the Prospectus since inception in 2011.

The philosophy, process and portfolio construction strategy of the Fund remains unchanged and has been rated 5-stars over 10 years by Morningstar. The portfolio management team seek long term growth of capital by investing in a portfolio of 20-35 stocks using a disciplined value investing strategy, and only invest in securities that comply with the Fund’s Ethical Investment Criteria.

The new UCITS vehicle will mirror the Mayar Fund’s existing strategy, which has been managed by Abdulaziz Alnaim (pictured) since inception in 2011. As of September, 2021, the fund has returned 11.8% per cent annually since inception compared with returns of 10.2% for the sector benchmark.

Abdulaziz Alnaim, Managing Director & Lead Portfolio Manager, commented: “We are extremely proud of what we have achieved with the Mayar Fund over the last decade. Relaunching with a UCITS vehicle will bring many advantages for our investors. It will widen the potential pool of investors that can join us, thereby expanding our capabilities; it reduces costs by spreading operating expenses over a wider asset base; it reduces withholding taxes; and it improves transparency and investor protection even beyond what we had in place.

Referring to the change of name to the Mayar Responsible Global Equity Fund, Mr Alnaim continued: “We decided to change the name to better reflect the strategy that we’ve been following for almost 20 years with Mayar and the predecessor funds that I have managed.”

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