INVESTMENT OBJECTIVE Azimut Investments High Conviction Global Equities SMA MONTHLY REPORTS Reports Archive 2026 Sep Show more years ESTIMATED TOTAL COST HUB24 (AZS007): 0.7175% p.a before transaction costs and platform fees Mason Stevens: 0.635% p.a. before transaction costs and platform fees INVESTMENT STYLE AND APPROACH The portfolio employs a combination of top-down and bottom-up analysis. The process seeks to exploit market trends, strength of trends and potential turning points to make statistically favourable decisions. The portfolio strategy is based on identifying stocks with the highest expected risk adjusted returns in the current market conditions. This view is obtained through a combination of top down and bottom-up analysis and leads the portfolio to exhibit different styles and factors depending on market conditions. Both fundamental as well as quantitative approaches are applied which helps filter the stock universe.