Polen International Growth Fund
Our International Growth strategy seeks to achieve long-term growth by building a concentrated portfolio of outstanding businesses with competitive advantages and the potential for sustained growth.
Our International Growth strategy seeks to achieve long-term growth by building a concentrated portfolio of outstanding businesses with competitive advantages and the potential for sustained growth.
Fund performance.
Calendar Year Performance (%)
The performance data quoted represents past performance up to 31 August, 2026, does not guarantee future results, and there is a risk of an investor losing all or part of their investment in the Fund. Current performance may be lower or higher. Periods over one-year are annualized. Performance figures shown are net of fees for the USD I share class (Institutional), which carry an annual investment management fee of 0.85%, with an annual Ongoing Charge based on the financial year ending 31 December, 2025 of 1.11% capped at 1.20%. The performance data is net of fees and does not take account of the commissions and costs incurred on the issue and redemption of units. Additional benchmark information is available at the end of the document.
Portfolio Statistics*
*Since launch.
As of 31-Aug-2026.
Top 10 total: 53.02%
Portfolio holdings are subject to change and risk.
Portfolio characteristics
In an effort to avoid distorting aggregate portfolio characteristics, the weighted average portfolio calculations exclude an individual financial ratio that has a negative denominator or an outlier value (e.g., greater than 100x or 100%, less than 0%) which we view as not representative of the ongoing underlying economics of the business, likely due to transitory issues or GAAP accounting limitations. Additional information is available upon request.
As of 31-Aug-2026.
As of 31-Aug-2026. Subject to change.
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by Polen Capital Management, LLC. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Fund details.
This Sub-Fund integrates ESG criteria into its investment process. For full details, please refer to the Pre-Contractual Annex, the Polen Sustainable Investment Policy, and the Polen Capital ESG Policy Statement. The decision of the investor to invest in the promoted fund should consider all the characteristics or objectives of the fund. An investment in the Fund concerns the acquisition of shares in the Fund and not in any underlying asset of the Fund. As a result, shares held in the Fund do not confer any interest or share in any particular part of the assets of the Fund. The value of the investment in the Fund can reduce and increase; therefore, the return on the investment in the Fund will be variable. Income may fluctuate in accordance with market conditions and taxation arrangements. Please see the Prospectus for further information on the SFDR classification of the fund.
What are the risks and what could I get in return?
The risk indicator assumes you keep the product for five years.
The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
We have classified this product as 4 out of 7, which is a medium-high risk class. This rates the potential losses from future performance at a medium-high level, and poor market conditions will likely impact our capacity to pay you.
Be aware of currency risk. You will receive payments in a different currency, so the final return you will get depends on the exchange rate between the two currencies. This risk is not considered in the indicator shown above.
Main risks include: concentration risk, counterparty risk, currency risk, liquidity risk, market risk, operational risk, redemption risk, sector risk, and securities risk. Please refer to the Prospectus and the PRIIPs KID available at www.polencapital.com for further information on risks.
This information pertains to the USD Institutional Class (ISIN: IE00BYWHD967) and it may differ from other share classes.
Experience in High Quality Growth Investing.
20 years of industry experience
Fund documents.
Invest in the International Growth Fund.
Available across Europe and selected international markets.
A summary of information about investors' rights and collective redress mechanisms can be found in English in the Materials section of this website.
Holdings are subject to change. The top holdings, as well as other data, are as of the period indicated and should not be considered a recommendation to purchase, hold, or sell any particular security. There is no assurance that any of the securities noted will remain in a portfolio at the time you view this webpage. It should not be assumed that any of the holdings discussed were or will prove to be profitable or that the investment recommendations or decisions we make in the future will be profitable. For a complete list of all securities held in this Fund in the prior year, please contact international@polencapital.com.
All performance is calculated in U.S. Dollars. Past performance is no indication of current or future performance. The performance data does not take account of the commissions and costs incurred on the issue and redemption of units.
The MSCI ACWI ex USA Index captures large and mid cap representation across developed and emerging market countries excluding the United States. It is impossible to invest directly in an index. The performance of an index does not reflect any transaction costs, management fees, or taxes.
Neither past experience nor the current situation are necessarily accurate guides to future growth in value or rate of return.
The management company of Polen International Growth Fund is Amundi Ireland Limited, 1 George’s Quay Plaza, George’s Quay, Dublin 2, Ireland. Amundi Ireland Limited is authorised and regulated by the Central Bank of Ireland. Please note that the management company may de-notify arrangements made for marketing as regards shares of the fund in a Member State of the EU in respect of which it has made a notification.
Risk factors you should consider before investing: The value of investments and any income will fluctuate and investors may not get back the full amount invested. Where the Fund’s Investment Manager has expressed views and opinions, these may change. The Fund’s investments are concentrated in non-U.S. markets. This means the Fund may become more susceptible to fluctuations in value resulting from adverse economic or business conditions in those markets, including legal, regulatory, and taxation changes. All performance data are in USD currency. Changes in exchange rates may have an adverse effect on the value, price, or income of the product.
Emerging Markets risk: countries where investment markets are considered to be less developed. Investments are generally riskier than those in developed markets because they may not be as well regulated, may be more difficult to buy and sell, may have less reliable arrangements for the safekeeping of investments, or may be more exposed to political and taxation uncertainties. The value of the Fund can go up and down more often and by larger amounts than funds that invest in developed countries, especially in the short term.
Polen Capital Investment Funds Plc has not been registered under the United States Investment Company Act of 1940, as amended, nor the United States Securities Act of 1933, as amended (1933 Act). No shares may be offered or sold, directly or indirectly in the United States or to any U.S. person unless the securities are registered under the 1933 Act, or an exemption from the registration requirements of the 1933 Act is available.
The Fund is considered to be actively managed in reference to the MSCI ACWI ex USA Index (the “Benchmark”) by virtue of the fact that it uses the Benchmark for performance comparison purposes. Certain of the Fund’s securities may be components of and may have similar weightings to the Benchmark. However, the Benchmark is not used to define the portfolio composition of the Fund or as a performance target and the Fund may be wholly invested in securities which are not constituents of the Benchmark.
This webpage is a marketing communication. Please see the Prospectus for additional information on the investment policy, objectives, and strategy of the Fund.