Investor Summary

Andrew Hollingworth founded Holland Advisors London Limited in 2008 after a distinguished 20-year career in stock broking and fund management, bringing over 30 years of investment experience to the fund. His professional background includes 15 years advising institutional investors at top-tier investment banks including Merrill Lynch and Redburn Partners, following earlier roles as a buy-side analyst at Henderson Investors and British Gas Pension Fund. Hollingworth established the predecessor Farnam Street Capital Fund in October 2011 to encapsulate his investment philosophy before launching the UCITS-compliant VT Holland Advisors Equity Fund in June 2021. The management team demonstrates exceptional alignment with investors, collectively owning approximately 16% of the fund's units in what they describe as eating their own cooking. Hollingworth is supported by an experienced team including Stephen Heaps as Chief Operating Officer, Martin Weisinger in fund sales, Claire Brunt handling operations and compliance since 2011, and Matt Lovatt as business advisor with 35+ years in asset management.

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Fund Strategy

Holland Advisors employs a concentrated global equity strategy focused on identifying wonderful compounding businesses run by aligned owner managers, particularly when these companies are unloved or discarded by other investors. The fund seeks companies with Sustainable Competitive Advantages (SCA) that can grow their intrinsic value consistently over time while maintaining strong defenses against innovation and competition. With typically 30 holdings and top 10 positions comprising approximately 50% of the portfolio, the fund maintains a high Active Share of 95-96%, demonstrating significant differentiation from benchmark indices. The investment approach emphasizes absolute value rather than relative performance, with decisions made independently of benchmark constituents or weightings. Over 90% of the fund is invested alongside aligned owner-managers who have only one company as their life's work, reflecting the fund's commitment to management alignment and long-term value creation.

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FUND PERFORMANCE AS OF 31st December 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
- - 12.3%
2025
12.3%