October 2024 – Brent Clayton discusses a new Value Fund holding, Arcos Dorados, the largest independent McDonald’s franchisee. Paul Espinosa reviews the top contributors to Fund performance and explains the significance of rising dividends in the Fund’s portfolio.

Speakers

• Brent Clayton, Co-Portfolio Manager
• Daniel Duncan, Managing Director, Business Development and Client Services
• Paul Espinosa, Portfolio Manager

Related Information

• Fund Performance
• Portfolio Briefing Archives

The performance data quoted represents past performance and does not guarantee future results. Future returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. View the Fund’s most recent month-end performance.

The views and information discussed in this video are as of the date of publication, are subject to change, and may not reflect Seafarer’s current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.

As of September 30, 2024, securities mentioned in the video comprised the following weights in the Seafarer Overseas Value Fund: WH Group, Ltd. (3.3%), Salik Co. PJSC (2.8%), First Pacific Co., Ltd. (3.0%), Itaú Unibanco Holding SA ADR (2.8%), Credicorp, Ltd. (3.3%), Qatar Gas Transport Co., Ltd. (2.5%), Arcos Dorados Holdings, Inc. (1.7%), Coca-Cola Femsa SAB de CV ADR (1.9%), and Mondi PLC (2.8%). The Fund did not own shares in the other securities referenced in this video. View the Fund’s Top 10 Holdings. Holdings are subject to change.

The Fund and index performance data reported in this video are estimates provided by a third-party industry data service based on the information available at the time of the recording, and may differ from the official Fund performance information that is later calculated by the Fund’s administrator and published on the Seafarer website. For official Fund performance information as of the most recent month end, please refer to the Performance page of the Seafarer website.

Sources: ALPS Fund Services, Inc.; Bloomberg; Seafarer.

Daniel Duncan is a Registered Representative of ALPS Distributors, Inc.