Cerno Capital Funds
The simplest way to invest with Cerno Capital is through a fund. These funds represent the core investment philosophies of the firm and share a common investment process.
TM Cerno Select
TM Cerno Select is a global strategy investing across multiple asset classes with an unconstrained approach to asset allocation. The return target is CPI +3%.
We aim to preserve and grow capital through investing in an approved range of investment vehicles, including direct securities, passive funds and specialist active managers.
The fund is domiciled in the UK under the UCITS regime and trades daily at net asset value (NAV). A sister fund, Cerno Unconstrained, follows the same strategy and is domiciled in Ireland, also under the UCITS regime.
TM Cerno Global Leaders
The best prospect for outperforming the World Equity Index is to invest long term, in a concentrated, high conviction and low fee portfolio and transact only when necessary.
TM Cerno Global Leaders invests in global companies with sustainable competitive advantages delivering above average returns. Its target is to deliver performance in excess of MSCI World Total Return (GBP) on a 3 year rolling basis.
The fund will hold 25-30 securities, equally weighted, selected according to a distinct investment thesis that accents industry structure, the sustenance of return on capital and secular growth.
TM Cerno Pacific & Emerging
Cerno Pacific & Emerging (P&E) portfolio is a geographically specific fund. Formed to tap the considerable expertise of the firm’s investing partners, it invests throughout Asia Pacific, including Japan and Australia, and the wider global Emerging Markets.
As the manager believes the best opportunities in these markets derive from long term investment in companies operating in, or selling to, the region, equity is the dominant investment asset class.