Ecommerce Fund
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Fund Launch
Jun 2014
Performance YTD
+38.04%
Performance Since Launch
+194.36%
Overview
The world is becoming digital. Ecommerce, interacting and transacting online, will become the normal as we migrate an ever-increasing portion of our lives, both leisure and professional, to the digital world.
This behavioural shift driven by a unique combination of technology and demographics will be one of, if not the, largest source of change in the world over the coming decades. This revolution in the way we function is perhaps only comparable in scale to the enlightenment and industrial revolutions.
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Millennials are now 30% of the world’s population. By the early 2020s Gen-Z will have surpassed Millennials as the world’s largest generation.

Demographically the world will be dominated by these two generations: the digital natives.

These new generations have new behaviours, expectations, work and consumption habits – and this is driven by digital technology.

The average American touches their phone 2,600 times per day. Globally 10.8 million new devices connect to the internet daily, that’s 450,000 per hour

There are 3.2 billion social media users worldwide, a new and revolutionary market.

In the US today, 40% of couples met online through online dating platforms.

Massive structural change is underway in global retail. In the next three years online retail sales will increase by $2 trillion, a +72% rise, and this high growth rate will continue for decades.

The business-to-business (B2B) ecommerce market is worth $9 trillion, far larger even than retail, and is forecast to reach $12 trillion in the early 2020s.

Three times more people watched e-sports last year than the Super-Bowl. The computer gaming sector, with billions of gamers worldwide, is now larger than the movie and music industries combined.

China has the world’s largest online population at over 800 million and is the world’s largest ecommerce market, where millennials and Gen-Z already do a quarter of their spending online.

Ecommerce is a global phenomenon. It has already come to touch every aspect of our lives. But we are only at the end of the beginning, as in the coming decades ecommerce rises to global dominance.

The Dominion Global Trends Ecommerce Fund, through its unique understanding of ecommerce and focus on investing in high quality, high growth companies, provides investors with unrivalled exposure to the largest technological and behavioural investment trend the world has ever seen.

Video
Investment Manager
Frederick Baccanello, CFA
Investment Manager
Frederick Baccanello, CFA
Please select a currency
{{fundName}} Fund Performance
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Top 5 performers (1 month % Return)
  • +35.44%
    Trade Desk
  • +28.67%
    Etsy
  • +19.51%
    Adobe
  • +16.14%
    Skyworks Solutions
  • +15.43%
    PayPal
Top 10 Equity Holdings (% AUM)
  • 6.67%
    Wolters Kluwer
  • 5.74%
    Visa
  • 5.23%
    Microsoft
  • 4.70%
    Alphabet
  • 4.65%
    Walt Disney
  • 4.62%
    Mastercard
  • 4.58%
    Global Payments
  • 4.44%
    Amazon
  • 4.37%
    Electronic Arts
  • 4.32%
    Baidu
Fund Performance and Prices as at: {{performanceData.Date}}
Fund Share Price 1 Month 3 Months YTD 1 Year 3 Years 4 Years 5 Years Launch
{{fund.Name}} {{fund.Price}} {{fund.Month1}} {{fund.Month3}} {{fund.YTD}} {{fund.Year1}} {{fund.Year3}} {{fund.Year4}} {{fund.Year5}} {{fund.Launch}}
Calendar Year Performance
  2020 2019 2018 2017 2016 2015
Performance 22.29% 23.73% -5.83% 17.66% 1.28% 22.77%

*Performance to the Euro B share classes as at the publication date. Performance data supplied by EPEA Fund Services.

  2020 2019 2018 2017 2016 2015
Performance 33.55% 21.14% -10.05% 34.31% -1.70% 11.21%

*Performance to the USD B share classes as at the publication date. Performance data supplied by EPEA Fund Services.

  2020 2019 2018 2017 2016 2015
Performance 29.20% 16.44% N/A N/A N/A N/A

*Performance to the GBP C share classes as at the publication date. Performance data supplied by EPEA Fund Services.

Geographic & Sector Distribution
Sector Allocation
30.32%
Technology Services
20.31%
Internet Media & Services
16.67%
E-Commerce Discretionary
15.51%
Entertainment Content
9.46%
Software
3.32%
Semiconductors
2.77%
Consumer Services
1.66%
Advertising & Marketing
Geographical Distribution of Holdings
68.56%
America
17.57%
Europe
13.87%
Asia
Specs
Currencies
  • {{currency}}
  • Fund Name

    Dominion Global Trends – Ecommerce Fund, a sub fund of Dominion Global Trends SICAV p.l.c.

  • Launch Date

    {{launchDate}}

  • Fund Manager

    Fred Baccanello. Fred joined Dominion in 2009 as an Equity Analyst responsible for company due diligence and research and he is the Investment Manager for Dominion Global Trends – Ecommerce Fund. Having graduated in Mechanical Engineering from Bristol University in 2007, Fred worked for Russian investment bank Renaissance Capital and the Renaissance Vanguard Hedge Fund focusing on equity. Fred is a CFA charterholder.

  • Investment Manager

    Fred Baccanello. Fred joined Dominion in 2009 as an Equity Analyst responsible for company due diligence and research and he is the Investment Manager for Dominion Global Trends – Ecommerce Fund. Having graduated in Mechanical Engineering from Bristol University in 2007, Fred worked for Russian investment bank Renaissance Capital and the Renaissance Vanguard Hedge Fund focusing on equity. Fred is a CFA charterholder.

  • Overlay Manager

    Edmond De Rothschild Asset Management (France).

  • Fund Structure

    Dominion Global Trends SICAV p.l.c. is a UCITS compliant umbrella structure with multiple sub-funds.

  • Regulation

    Dominion Global Trends SICAV p.l.c., regulated by the Malta Financial Services Authority, the Fund is recognised by Monetary Authority in Singapore and in the UK with Financial Conduct Authority reference number 532412 (for certain share classes only, please refer to the Prospectus and relevant Offering Supplement for details).

Investment Manager
Frederick Baccanello, CFA
Investment Manager
Frederick Baccanello, CFA
Trading Frequencies
Share Class GBP B GBP C GBP I
Frequency Daily Daily Daily
Switching Yes No No
Fund Charges
Share Class GBP B GBP C GBP I
Initial Charge Up to 6.5%
incorporated into
the Subscription Price%
0% 5%
Annual Charge 2.10% 2.10% 1.00%
Overlay Management Charge No No No
Switching Charge No No No
Performance Fee No No No
Exit Charge No Yes No
Minimum Investment
Share Class GBP B GBP C GBP I
Minimum Investment 2,500 2,500 500,000*

*Smaller amounts may be accepted from Institutional Investors at Directors discretion.

Dealing and Tracking Codes
Share Class GBP B GBP C GBP I
ISN Code MT7000019717 MT7000019691 MT7000019709
Bloomberg Ticker DOECMBG MV DOECMCG MV DOECMIG MV
SEDOL BF471J7 BF471G4 BF471H5
EMX Participant ID DOMIN/ECOM
GBP B
DOMIN/ECOM
GBP C
DOMIN/ECOM
GBP I
Trading Frequencies
Share Class EUR I EUR B EUR C
Frequency Daily Daily Daily
Switching Yes Yes No
Fund Charges
Share Class EUR I EUR B EUR C
Initial Charge 0% Up to 6.5%
incorporated into
the Subscription Price
0%
Annual Charge 1.00% 2.10% 2.10%
Switching Charge No No No
Performance Fee No No No
Exit Charge No No Yes
Minimum Investment
Share Class EUR I EUR B EUR C
Minimum Investment 500,000* 2,500 2,500

 

*Smaller amounts may be accepted from Institutional Investors at Directors discretion.

Dealing and Tracking Codes
Share Class EUR I EUR B EUR C
ISN Code MT7000009957 MT7000009973 MT7000019675
Bloomberg Ticker DGTECEI MV DGTECEB MV DOECMCE MV
SEDOL BK8FPJ0 BK8FPF6 BF471D1
EMX Participant ID DOMIN/ECOM
EUR I
DOMIN/ECOM
EUR B
DOMIN/ECOM
EUR C
Trading Frequencies
Share Class USD I USD B USD BH USD C USD IH
Frequency Daily Daily Daily Daily Daily
Switching Yes Yes Yes No No
Fund Charges
Share Class USD I USD B USD BH USD C USD IH
Initial Charge 0% Up to 6.5%
incorporated into the Subscription Price
Up to 6.5%
incorporated into the Subscription Price
0% 6.5%
Annual Charge 1.00% 2.10% 2.10% 2.10% 1.00%
Overlay Management Charge No No 0.02% No No
Switching Charge No No No No No
Performance Fee No No No No No
Exit Charge No No No Yes No
Minimum Investment
Share Class USD I USD B USD BH USD C USD IH
Minimum Investment 500,000* 2,500 2,500 2,500 500,000*

 

*Smaller amounts may be accepted from Institutional Investors at Directors discretion.

Dealing and Tracking Codes
Share Class USD I USD B USD BH USD C USD IH
ISN Code MT7000009965 MT7000009981 MT7000014650 MT7000019683 MT7000014668
Bloomberg Ticker DGTECUI MV DGTECUB MV DOECUBH MV DOECMCU MV DOECUIH MV
SEDOL BK8FPG7 BK8FPH8 BYPK2N9 BF471F3 BYPK2P1
EMX Participant ID DOMIN/ECOM
USD I
DOMIN/ECOM
USD B
DOMIN/Ecommerce
USD BH
DDOMIN/ECOM
USD C
DOMIN/ECOM
USDIH

Administrator

EPEA Fund Services (Guernsey) Limited, Suites 7 & 8, Fourth Floor, Windsor House, Le Pollet, St Peter Port, Guernsey GY1 1WF
Tel: +44 1481 748 955 | Fax: +44 1481 748 956 | dominionfunds@epicpea.com

Custodian

Swissquote Financial Services (Malta) Limited, Palazzo Spinola, 46, ST. Christophe’s Street, Valletta, VLT464 Malta

Correspondence & Queries

EPEA Fund Services (Guernsey) Limited, Suites 7 & 8, Fourth Floor, Windsor House, Le Pollet, St Peter Port, Guernsey GY1 1WF
Tel: +44 1481 748 955 | Fax: +44 1481 748 956 | dominionfunds@epicpea.com

The state of the origin of the Fund is Malta. This document may only be distributed in or from Switzerland to qualified investors within the meaning of Art. 10 Para. 3, 3bis and 3ter CISA. The Representative in Switzerland is Oligo Swiss Fund Services SA, Av Villamont 17, 1005 Lausanne, Switzerland, whilst the Paying Agent is Banque Cantonale Vaudoise, Place St-François, CH-1003 Lausanne. In respect of the units distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss representative. The basic documents of the Fund as well as the annual and, if applicable, semi-annual report may be obtained free of charge at the registered office of the Swiss Representative.

Key Documents
Fund Fact Sheets - June 2021
Our Fund Fact Sheets offer a monthly update of the most recent performance of the fund, geographical exposure, sector allocation and includes all relevant fund information you need to keep informed.
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