Putting durable growth themes to workA thematic approach is a distinctive feature of Putnam Growth Opportunities Fund. The team analyzes global trends, as well as problems and potential solutions, to identify which themes could drive sustained growth for businesses over a multi-year time horizon.
THEME: A healthier tomorrowAcross the globe, people are embracing a comprehensive approach to health and wellness. Individuals are prioritizing exercise, diet, and environmental health, and they are seeking greater access to and control over their personal health data. While the theme is focused on individuals, large-growth companies can serve as the enablers of change. As demographic trends drive increased awareness of this theme, we expect public policy to support further growth in these markets.
This theme encompasses a wide range of sectors and companies, such as hospital operators, HVAC equipment manufacturers, medical device makers, and workout apparel and skincare brands.
STOCK: Lululemon Athletica (LULU)Retailer Lululemon provides products and experiences for consumers seeking a healthy lifestyle.
- According to the CDC, the percentage of time spent on exercise expanded from 14% to 24% between 1998 and 2018. Lululemon, a leader in athletic apparel, should continue to benefit from this trend.
- The company is expanding its offerings, including footwear and men’s apparel, and new categories such as hiking, golf, and tennis.
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See how investing in companies with durable long-term growth prospects, high and/or improving capital returns, and a strong ownership culture drives 5-star performance as of 5/31/2020.
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Learn more about the distinctive thematic approach and how the team analyzes global trends to identify which themes could drive sustained growth for Putnam Growth Opportunities Fund.
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