Our portfolio is constructed of approximately 25 holdings split between US, European and Japanese equities along with a number of exchange traded funds. As a measure of performance, we track the MSCI World Large Cap Index on a risk adjusted basis. Over the past 10 years, the fund has grown to over €150,000 in assets under management. We adhere to GICS (Global Industry Classification Standard)  across our 11 sectors and sector allocations within the portfolio are decided based on the market outlook and risk appetite of the fund’s senior investment committee.

Portfolio Sectors

Basic MaterialsThe Basic Materials sector encompasses companies involved in discovery, extraction and processing of raw materials. This includes firms whose principal activities include producing chemicals, mining and refining metals and minerals, harvesting wood and manufacturing paper and packaging products.

Senior Analysts: Seamus Conlon, Jayne Holton

Jack Spain20200614154145

Jack Spain

Sector Manager - Basic Materials
CommunicationsThe Communications sector is comprised of companies that facilitate communication and offer related content and information through various media. The sector includes firms involved in the provision of telecommunication services, advertising, cable and satellite, broadcasting, movies and entertainment.

Senior Analysts: David Furey, Ava Cudmore

Tom Fitzsimons20200620173811

Tom Fitzsimons

Sector Manager - Communications
Consumer DiscretionaryThe Consumer Discretionary sector (also known as Consumer Cyclical) refers to the sector of the economy that provides consumers with goods and services that are not deemed to be essential, but still desirable if one’s income is sufficient to purchase them. The sector consists of goods and services including: automobiles and components, consumer services (restaurants, hotels, resorts), consumer durables and apparel (luxury and home improvement goods) and retailing.

Senior Analysts: Hugo Bolger, Lauren Dench

Luke Power20200622172105

Luke Power

Sector Manager - Consumer Discretionary
Consumer StaplesThe Consumer Staples sector is comprised of firms which produce items such as food, beverages, and non-durable household and personal products. Consumer staples are both essential (food, beverage, and hygiene products) and non-essential (alcohol and tobacco) goods. Essentially, this sector is composed of the products that consumers are either unable or unwilling to give up.

Senior Analysts: Aoife Kelly, Samuel Pennanen

Aoife Clery Ward20200612174721

Aoife Clery Ward

Sector Manager - Consumer Staples
EnergyThe energy sector is a category of stocks that specialise in the production and supply of energy. The sector can be further broken down into several subsectors, such as oil and gas, renewables, coal and nuclear which will be further discussed in this report. Companies in this sector may specialise in one aspect of the energy value chain or they may be integrated companies with a foot in all elements of the energy supply chain.

Senior Analysts: James Deegan, Kristian Robertson

Oliver Begley20200621223023

Oliver Begley

Sector Manager - Energy
Financial - BanksThe Financial Sector is focused on firms that provide financial services to commercial and retail customers. The sector is comprised of banks, insurance companies, real estate brokers etc. There are three main classes of banks: Investment Banks, Commercial Banks and Retail Banks.
* Investment Banks provide services to individual clients, institutions and governments. They underwrite both debt and equity securities, provide Sales & Trading services, Mergers & Acquisitions advisory, wealth/asset management, equity research etc.
* Retail Banks provide services to individual consumers. They provide savings accounts, mortgages, personal loans, credit/debit card services etc.
* Commercial Banks provide services primarily to businesses. They offer loans, accept deposits and offer other basic financial services and products.

Senior Analysts: Eimear Kennedy, Ethan O'Mahoney

Aífe Feeley20200614155304

Aífe Feeley

Sector Manager - Financial Banks
Financial - Non-BanksThe main sub-sectors of the FNB sector, according to the MSCI World Financials Index, are “Insurance”, “Capital Markets”, “Diversified Financial Services”, “Consumer Finance”, and “Mortgage Real Estate Investment Trusts (REIT)”.

Senior Analysts: Conor Crowley, Oisin Carty, Cathal Menton

Brian Sheehy20200612175449

Brian Sheehy

Sector Manager - Financial Non-Banks
HealthcareThe Healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.

Senior Analysts: Maria Cairns, Aine Flynn, Ruth O'Dea

Ciaran McKay20200702133853

Ciaran McKay

Sector Manager - Healthcare
Technology (Hardware)Hardware is comprised of companies involved in the manufacturing and distributions of semiconductors and semiconductor equipment. Technology is the largest sector in the MSCI World Index.

Senior Analysts: Niall Somers, Daniel Hickey, Ronan Boyce

Cian Brennan20200614152310

Cian Brennan

Sector Manager - Technology (Hardware)
Technology (Software)Software is comprised of companies that offer software and information technology services. Technology is the largest sector in the MSCI World Index.

Senior Analysts: Mihai Masteru, Emmet Behan

Will O’Callaghan20200612205553

Will O’Callaghan

Sector Manager - Technology (Software)
Transport & IndustrialsThe Transport and Industrials (T&I) Sector is comprised of firms who produce goods used in construction, manufacturing and transportation. The Industrials Sector includes firms involved in the production of capital goods (aerospace & defence, building goods, construction and engineering, machinery and industrial conglomerates) and commercial and professional services (waste management, property management, accounting bodies). The Transportation Sector is a category of firms that provide services moving people, goods, or the infrastructure to do so.

Senior Analysts: Daniel Barker, Aoife Mullan

Cormac Slattery20200620175123

Cormac Slattery

Sector Manager - Transport & Industrials

Previous Sector Managers

Basic Materials – Ryan Clarkson
Communications – Laura Stack
Consumer Discretionary – Ranjana Singh
Consumer Staples – Conor Murdoch
Energy – Conor Murphy
Financial (Banks) – Michael O’Callaghan
Financials (Non-Banks) – Luke Harmon
Healthcare – James Kinsella
Technology – Oran McVeigh-Keeling
Transport & Industrials – Luke Ryan