The Harmony Cautious Income Fund is a multi-asset, multi-manager UCITS fund designed specifically to provide a stable income over the medium to long term as a core holding for investors.
The objective is to deliver a stable level of income of 3-4% p.a., through quarterly distributions, whilst at least maintaining the capital value.
The Cautious Income Fund is similar to the Harmony Balanced and Growth strategies but with less exposure to equities and greater emphasis and exposure to Fixed Income, Listed Property, and Listed Infrastructure.
The Fund will be highly diversified across multiple asset classes, including equities, bonds, real estate and alternative investments. Portfolio construction is unconstrained such that the Fund will be invested wherever the best opportunities lie, with no persistent country or regional biases.
Currency hedged share classes are available in A,D & E and across USD, GBP, EUR and AUD (with both distributing and accumulating options).
The Fund is a fully regulated UCITS Fund domiciled in Luxembourg, offering daily pricing and daily dealing. The depositary is J.P. Morgan Bank Luxembourg S.A.
Performance is net of all fees. Performance shown in the chart above is cumulative. 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.
Momentum Global Funds AUM USD 892 million
Fund Manager Momentum Global Investment Management