Harmony USD Balanced

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

FundYTD201720162015201420135 years*
USD Balanced-0.1% 11.9% 5.2%-4.6%2.0%10.6% 4.8%
As at 30 April 2018
HoldingsAsset TypeWeight
AXA US Short Duration High YieldFixed Income8.0%
Muzinich EM Short Duration (USD hedged)Fixed Income6.9%
US TIPSFixed Income6.0%
Third Avenue Real Estate ValueProperty6.0%
Artisan Global ValueEquity5.9%
Jennison Global Equity OpportunitiesEquity5.0%
Vulcan Value EquityEquity4.5%
Maple-Brown Abbott Global InfrastructureInfrastructure4.3%
iShares Physical Gold ETCCommodities4.2%
Conventum LyricalEquity3.7%
Contrarius Global EquityEquity3.5%
Chinook Global Convertible BondFixed Income3.2%
Yacktman US EquityEquity3.1%
US Treasury BondFixed Income3.0%
Wells Fargo US All Cap GrowthEquity2.8%
F&C Global Equity Market NeutralAlternatives2.3%
RWC Asia Convertibles (USD hedged)Fixed Income2.2%
CashCash2.2%
Allianz Structured ReturnAlternatives2.0%
Muzinich EnhancedYield Short-Term (USD hedged)Fixed Income2.0%
Dimensional Emerging Markets ValueEquity2.0%
Neuberger Berman Uncorrelated StrategiesAlternatives1.9%
Aberdeen Alternative Risk Premia EnhancedAlternatives1.9%
Granahan US Focused GrowthEquity1.7%
iShares JPMorgan $ Emerging Markets Bond ETFFixed Income1.6%
GSAM Global Strategic Macro Bond (USD hedged)Alternatives1.6%
Sands Capital Emerging Markets GrowthEquity1.5%
Heptagon Kopernik Global All-Cap EquityEquity1.3%
Amundi ETF JPX-Nikkei 400Equity1.0%
Schroder UK RecoveryEquity1.0%
Morgan Stanley Global BrandsEquity1.0%
Morgan Stanley UK Global BrandsEquity0.8%
iShares Developed Real Estate IndexProperty0.8%
iShares Gold Producers ETFEquity0.5%
Westwood Strategic Global Convertibles (USD hedged)Fixed Income0.5%
S&P 500 OptionsOptions0.1%
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.