Veritas Global Equity funds achieve higher rating

Commenting on the upgrade, Ruli Viljoen, Head of Investment Research at OBSR, a Morningstar company said: "The managers at Veritas Global Equity Income and Veritas Global Focus use a thematic framework to identify industries that they believe will benefit from long-term structural drivers, overlaid with the search for companies with durable competitive advantages and strong, sustainable cash-flows. In both funds, preservation and growth of capital are considered to be of more importance than benchmark risk and the portfolio is managed with little regard to an index. The experience of the...