Harmony USD Growth

The portfolio will be biased to investments in the United States, but could also hold investments outside this country. The investment objective is to provide capital growth in US dollar terms but with a reduced level of volatility, via strategic exposures to a wide range of asset classes.

FundYTD201720162015201420135 years*
USD Growth0.7%16.1%5.5%-6.2%4.1%17.6%7.0%
As at 30 April 2018
HoldingsAsset TypeWeight
Jennison Global Equity OpportunitiesEquity8.7%
Artisan Global ValueEquity8.5%
Conventum LyricalEquity6.9%
Vulcan Value EquityEquity6.9%
Contrarius Global EquityEquity5.9%
Third Avenue Real Estate ValueProperty5.8%
Yacktman US EquityEquity5.5%
Maple-Brown Abbott Global InfrastructureInfrastructure4.1%
Wells Fargo US All Cap GrowthEquity4.0%
iShares Physical Gold ETCCommodities3.6%
Morgan Stanley Global BrandsEquity3.0%
Dimensional Emerging Markets ValueEquity2.9%
US TIPSFixed Income2.8%
Muzinich EM Short Duration (USD hedged)Fixed Income2.4%
AXA US Short Duration High YieldFixed Income2.3%
Sands Capital Emerging Markets GrowthEquity2.1%
Heptagon Kopernik Global All-Cap EquityEquity2.0%
Granahan US Focused GrowthEquity2.0%
F&C Global Equity Market NeutralAlternatives1.6%
RWC Asia Convertibles (USD hedged)Fixed Income1.4%
GSAM Global Strategic Macro Bond (USD hedged)Alternatives1.4%
Allianz Structured ReturnAlternatives1.4%
US Treasury BondFixed Income1.4%
Schroder UK RecoveryEquity1.4%
Neuberger Berman Uncorrelated StrategiesAlternatives1.4%
Aberdeen Alternative Risk Premia EnhancedAlternatives1.4%
Amundi ETF JPX-Nikkei 400Equity1.3%
iShares Developed Real Estate IndexProperty1.2%
Morgan Stanley UK Global BrandsEquity1.1%
iShares JPMorgan $ Emerging Markets Bond ETFFixed Income0.9%
Chinook Global Convertible BondFixed Income0.9%
Westwood Strategic Global Convertibles (USD hedged)Fixed Income0.9%
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.