Momentum Global Investment Management has added a fund – The Harmony Portfolios Sustainable Growth Fund (HSG) – to its multi-asset range, our sister publication, International Adviser, reveals.
This follows requests from financial advisers and wealth managers who work with expats, to have strategies for their clients that balance commercial outcomes with societal and environmental concerns.
The HSG fund will be run by portfolio managers Andrew Hardy and Lorenzo La Posta, and is available to global investors except in the US.
It will offer global exposure to a diversified range of asset classes and return drivers, with allocation focused on capital growth via sustainable investment strategies.
Some of the key features of the fund are:
- Base currency is US dollar;
- Investment horizon over six years;
- Target return is 6-7%;
- Expected volatility is 9-12%; and
- Four share classes are currently available, across US dollar, Euro (hedged), Pound (hedged) and Australian dollar (hedged).
Clear objective
Hardy, director of investment management at Momentum, said: “We are fully committed to our role as an active and responsible steward of our client’s capital.
“This solution meets a noticeably clear objective for expat advisers, which is to access global growth in a sustainable manner, with multi-asset diversification.
“We believe that the Sustainable Growth Fund will help our clients, wherever they are based in the world, achieve their financial goals, while contributing to a better world.”
HSG is a sub-fund of the Momentum Global Funds Sicav, which is domiciled in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier.
