Sundaram MF announced the opening of the Sundaram Global Brand Fund, which was formerly known as Sundaram Global Advantage Fund, for subscription on Nov 21.

This newly positioned fund aims to provide investors an opportunity to participate in international equities and indirectly own some of the leading brands of the world, according to the press release of Sundaram MF.

This is a fund of fund scheme which will invest as a feeder fund into Sundaram Global Brand Fund, Singapore launched and managed by Sundaram Asset Management Pte, a fully owned subsidiary of Sundaram Asset Management Company.

The fund has a 30-stock portfolio and the current top 10 holdings are Apple, Amazon, McDonalds, Walt Disney, Coca Cola, Procter & Gamble, Microsoft, Alphabet Inc., IBM and Toyota Motor Corp.

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