Shares in internationally-focused listed investment company Future Generation Global Invstmnt Co Ltd (ASX: FGG) are hovering in 52-week high territory, at $1.25 at the time of writing up from a 52-week low of $1.03.
Investors have been rallying behind this well-managed fund as a means of exposing their portfolio to global equities and emerging economies, without the guesswork of overseeing it all themselves.
An investment update out of Future Generation Global on March 14 reported the fund's investment portfolio outperformed the MSCI World Index by 3%, with its portfolio increasing by 2% while the index fell by 1%.
Since its inception, Future Generation has managed to deliver sound performance, with lower volatility than the benchmark and let's not forget the dual mandate the fund has, which saw it inject a $3 million sum into youth mental health from its FY17 results.
Future Generation only listed in late 2015, so it's early days for the stock, but it's already proving it can deliver fully-franked dividends and solid capital growth with its fund managers taking zero from the coffers in the way of management or performance fees.
One to watch as the rest of 2018 unfolds.
