Richemont - Timeless Luxury

Investors in the Elevation Capital Global Shares Fund own shares in Compagnie Financiere Richemont SA [CFR.SWX], a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Richemont’s Maisons encompass several of the most prestigious names in the luxury industry including Cartier, Van Cleef & Arpels, IWC Schaffhausen, Piaget, and Chloe. Richemont specialises in jewellery, watches and writing instruments that represent a long-lasting tradition of style, quality and craftsman ship that must be preserved.

Richemont’s management team have long been committed to sustainable growth, always maintaining conservative debt levels and taking a long-term approach to ensure the company has longevity. We believe that Richemont can leverage its robust financials to weather the current economic downturn, affording the company an advantageous position in comparison to other luxury brands. In our opinion, this longevity, and the immense value of its underlying brands makes Richemont a valuable long-term holding for the Elevation Capital Global Shares Fund.

Learn more about why we believe Richemont represents a compelling long-term investment opportunity by reading our summary report here.