Harmony Europe Diversified

The portfolio will be biased to investments in Europe, but could also hold investments outside this region. The portfolio aims to provide a balance between capital preservation and capital growth in euros with a reduced level of volatility, via strategic exposures to a wide range of asset classes.

FundYTD201720162015201420135 years*
Europe Diversified-0.9%5.0%3.1%5.8%6.0%7.8%5.4%
As at 30 April 2018
HoldingsAsset TypeWeight
Jupiter European Special SituationsEquity16.8%
FP Crux European Special SituationsEquity15.2%
Third Avenue Real Estate ValueProperty6.0%
Maple-Brown Abbott Global InfrastructureInfrastructure4.2%
iShares Physical Gold ETCCommodities3.9%
Schroder UK RecoveryEquity3.4%
Muzinich EnhancedYield Short-Term (EUR hedged)Fixed Income3.3%
US TIPSFixed Income3.2%
MI TwentyFour Dynamic BondFixed Income2.9%
Artisan Global ValueEquity2.8%
AXA US Short Duration High Yield (EUR hedged)Fixed Income2.7%
Dimensional Emerging Markets ValueEquity2.7%
CashCash2.5%
Chinook Global Convertible Bond (GBP hedged)Fixed Income2.4%
Neuberger Berman Uncorrelated StrategiesAlternatives2.1%
Jennison Global Equity OpportunitiesEquity2.0%
Aberdeen Alternative Risk Premia EnhancedAlternatives2.0%
Contrarius Global EquityEquity1.9%
GSAM Global Strategic Macro Bond (EUR hedged)Alternatives1.9%
RWC Asia Convertibles (EUR hedged)Fixed Income1.9%
Allianz Structured ReturnAlternatives1.8%
Muzinich EM Short Duration (EUR hedged)Fixed Income1.8%
Heptagon Kopernik Global All-Cap EquityEquity1.7%
Sands Capital Emerging Markets GrowthEquity1.7%
F&C Global Equity Market NeutralAlternatives1.6%
US Treasury BondFixed Income1.4%
iShares JPMorgan $ Emerging Markets Bond ETFFixed Income1.3%
Amundi ETF JPX-Nikkei 400Equity1.2%
Morgan Stanley Global BrandsEquity1.2%
iShares Developed Real Estate IndexProperty0.8%
Morgan Stanley UK Global BrandsEquity0.6%
Westwood Strategic Global Convertibles (EUR hedged)Fixed Income0.5%
iShares Gold Producers ETFEquity0.4%
S&P 500 OptionsOptions0.2%
As at 30 April 2018
Performance is net of all fees. Past performance is not necessarily a guide to future performance. The value of a fund and any income from it may go down as well as up and investors may get back less than they invested. Changes in rates of exchange may cause the value of investments to go up or down. This data is provided for information only and should not be reproduced, published or disseminated in any manner. Although Momentum Global Investment Management considers the data to be reliable, no warranty is given as to its accuracy or completeness. Any comparisons against indices are for illustrative purposes only. All performance shown is based on Share Class A.*5 year annualised performance.