Marcellus Investment Managers proudly announces that its Global Compounders Portfolio (GCP) has surpassed ₹100 crores in Assets Under Management (AUM) within 2 years. The GCP portfolio consistently aims to outperform the S&P 500 across key metrics such as Return on Invested Capital (ROIC), EPS growth, and Free Cash Flow growth. This performance is driven by the portfolio companies’ strong competitive advantages, operational efficiency, and prudent capital allocation.
Recent regulatory reforms have expanded opportunities for Indian investors to access global markets.
1. Accredited investors can now join GCP with a minimum investment of USD 25,000, while non-accredited investors can participate through Separately Managed Accounts (SMAs) in GIFT City, with an entry point of USD 150,000.
- The reduction of Long-Term Capital Gains (LTCG) tax on global equities from 20% to 12.5% enhances the appeal for Indian investors.
Marcellus’ disciplined investment philosophy is built on three core pillars: Clean Accounts, Capital Allocation, and Competitive Advantage. By integrating forensic accounting with capital allocation analysis, Marcellus ensures financial transparency and integrity within its investable universe. The firm focuses on companies with a strong track record of generating free cash flow and reinvesting for sustainable growth, ensuring long-term value creation for investors.
The portfolio construction process starts with a forensic and fundamental screen, identifying an investable universe of 80-85 companies. Through detailed bottom-up research and independent third-party checks, Marcellus narrows the selection to 20-30 global compounders with enduring competitive moats.
Performance as on 31st October 2024 (figures in %)
Performance Summary (in $ terms)
| Marcellus GCP | S&P 500 (Total Return Index) | |
| 1 Month | -3.00% | -0.93% |
| 3 Month | 0.42% | 3.56% |
| 6 Month | 10.57% | 13.85% |
| 1 Year | 41.20% | 37.42% |
| 2 Year | 27.30% | 22.70% |
| Since Inception (annualised) | 27.27% | 22.21% |
Performance data is shown gross of taxes and net of fees & expenses charged until the end of last month. Performance fees are charged annually in December. Returns for periods longer than one year are annualized. Since Inception performance calculated from 31st Oct 2022. The inception date is 31st October 2022, being the next business day after the account got funded on 28th October 2022. S&P 500 net total return is calculated by considering both capital appreciation and dividend payouts. The calculation or presentation of performance results in this publication has NOT been approved or reviewed by the IFSCA or US SEC. Performance is the combined performance of RI and NRI strategies.
