Articlepedia This week's column is aimed at those seeking new ideas and perspectives on where they might allocate their investments.sav...
Articlepedia This week's column is aimed at those seeking new ideas and perspectives on where they might allocate their investments.savings.
Our objective is to assist you in gaining deeper insights into the factors that are important when considering a new investment.
We explore major topics including global stocks, top British firms, where to focus if you're a conservative investor, and grasping the relationship between risk and reward.
From renewable energy to machine learning andbig tech, various funds will be in the spotlight.
If there is a particular topic you would like us to address, please send your suggestions to sarah.davidson@Articlepedia Today.co.uk.
This week, we interview Darius McDermott, the managing director of the investment research firm FundCalibre andChelseaFinancial Services, regarding his preference for the Landseer GlobalArtificial Intelligence Fund.
Quickfire Profile
Fund name: Landseer Global Artificial Intelligence
Fund managers: Tim Day, Chris Ford
Chris Fordis the head of growth equities at Landseer and co-manages the GlobalArtificial IntelligenceFund. He started his professional journey at Schroders and then relocated to Edinburgh to co-manage Aegon's North American and Technology funds. Later, he became part of Pictet and in 2015 initiated the Global AI strategy at Smith & Williamson. He oversaw the strategy while working at Sanlam before transferring it to Landseer.
Tim Dayis co-manager of the fund. He launched his investment career at Robert Fleming inNew York, overseeing US equity portfolios, later taking on high-level positions at Fleming Investment Management, Henderson Global Investors, and Pictet Asset Management. He joined Smith & Williamson in 2015 to co-manage the Global AI strategy alongside Chris Ford, and subsequently moved the strategy to Sanlam and eventually to Landseer.
Strategy in one line:
A worldwide stock fund that employs its own artificial intelligence technology to discover businesses truly set to gain from machine intelligence
Ongoing charges: 0.82%
Five-year return: 77.3% (13/11/2020 – 13/11/2025, FE fundinfo)
Assets Under Management: £1.45billion
Top 10 holdings:NVIDIA, Alphabet Inc., Taiwan Semiconductor Manufacturing Company, Microsoft, Tesla Inc., Micron Technology, Origin Energy Limited, Tencent Holdings, Coherent Corporation, Meta Platforms Inc.
Could you elaborate on the approach of this fund and explain what appeals to you about it?
What distinguishes this fund is its unique AI system, created long before others.ChatGPT, which examines thousands of corporate reports for indicators that show real, economically significant AI integration. Although well-known technology leaders are among the top ten, the portfolio extends much further than the Magnificent Seven. Approximately half of the investments are in healthcare, consumer, and industrial sectors where AI is subtly enhancing efficiency and profitability. The outcome is a genuinely diversified approach to participating in the AI revolution throughout the entireeconomy.
Which category of retail investor could this attract and what are the reasons?
Landseer is ideal for those looking to enhance a primary global fund with a secondary investment targetingAI. Its wider industry exposure allows investors to benefit from authentic AI-driven efficiency improvements without assuming the complete risk associated with the US large-cap market.
What distinguishes this fund from others?
Three factors distinguish this fund. Firstly, it employs its own unique AI system to discover investment possibilities. Secondly, the strategy was introduced in 2017, well before the recent surge of interest in AI. This provides it with one of the most extended performance histories in the field, demonstrating that these managers were ahead of the curve – not just following trends. Lastly, it maintains a truly global investment portfolio. Approximately 40% of the fund is allocated outside the United States – spanning Japan, Europe, and other regions.Middle East and Asia– where major AI advancements are happening but frequently drowned out by the hype around American big-tech companies.
Which industries are you especially interested in right now?
In our VT Chelsea Managed Funds, technology continues to be one of our most significant long-term investments. However, beyond the tech sector, we are currently identifying well-priced opportunities in regions such as emerging market stocks and UK small-cap companies.
In what way is the present financial climate influencing your approach to investing?
We believe we are in a late-cycle scenario. Valuations across many key markets, especially in the US, appear high, and AI-relatedstocksHave undertaken significant work in global indices.
That doesn't imply leaving the US behind, but we are focusing on building power andrecyclingcapital into sectors where valuations are more attractive and where revenue growth stems from real structural factors instead of market sentiment.
What actions should newcomers or investors take during periods of market instability or when they notice a decline in performance?
The biggest mistake beginnersIt is panicking and selling at the lowest point.InvestingIt's all about being in the market over time, rather than trying to predict market movements. Remaining committed, investing consistently, and allowing compound growth to take effect is much more successful than responding to every fluctuation.
Instead of making constant adjustments whenever markets fluctuate, conduct a thorough review of your investment portfolio every six to twelve months. Assess whether your risk level is still appropriate for your current life stage, reduce any excessively large holdings, and ensure you are not overly concentrated in a single strategy or geographic area.Diversified multi-assetor absolute return funds, certain short-term bonds, and a minor cash reserve can assist in reducing fluctuations, making it simpler to remain committed during periods of increased market volatility.
Are there any other factors that investors evaluating this fund might find relevant?
Identify how this fund aligns within your complete investment portfolio. High-performance sectors like technology, emerging markets, or individual country funds should be included in the higher-risk "satellite" portion, adjusted according to your comfort level with risk.
Most investors will likely still seek aglobally diversifiedor a multi-asset fund as their main holding. Landseer can serve as an effective addition to this core, particularly for those who think AI will transform the global economy, yet prefer not to have all their investments concentrated in just a few American major companies.
Note: All figures are accurate as of 31/10/2025
Comment now Comments Add Articlepedia as a Preferred Source on Google Add as preferred sourceRegister for Articlepedia's Today's The Slice newsletter to get your guide to London's events, featuring reliable reviews, discounts, and contests.
