Fact sheet: Harmony Portfolio Aust Dolr Gth

Fund information
Fund name
Harmony Portfolio Australian Dollar Growth C
Fund manager company
Momentum Global Funds SICAV
Fund type
Offshore Fund
Fund manager
  • Momentum Global Investment Management Limitedsince 14/12/2009
Fund objective
The portfolio will be biased to investments in Australia, but could also hold investments outside this country. The portfolio aims to provide capital growth in Australian dollars but with a reduced level of volatility, via strategic exposures to a wide range of asset classes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.6%
1 Year rank in sector
39/76
Sector
FO Mixed Asset - Aggressive
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
4.19%
Fund size
£20m (£16m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
103
Top in this sector
Fund name1 Year
HSBC Pfl Wld Seltn 526.3%
Dimensional World Alloc 80/2025.5%
CMI Global Mixed24.7%
SEI Aggr23.2%
Capital Group GAlcL23%
...more in FO Mixed Asset - Aggressive

Performance snapshot

Holdings snapshot

  • Australia53.5%
    USA23.6%
    Asia Pacific ex Japan7.3%
    Europe ex UK6.9%
    Others3.3%
  • No data available.
  • Australian Equities37.8%
    International Equities18%
    Money Market10.2%
    Property Shares6.3%
    Global Emerging Market Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%-0.7%4.6%14.3%42.1%
Sector1%-0%4.6%5.2%12.1%34.8%
Rank within sector6 / 8136 / 8270 / 8239 / 7625 / 6115 / 50
Quartile1st2nd4th3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.8%2%5.4%16.5%11.4%
Sector5.5%0%4.6%11.4%9.7%
Rank within sector47 / 7620 / 7124 / 6110 / 5622 / 51
Quartile3rd2nd2nd1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.52
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.83
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.09
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
8.01
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.1
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.17
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.62
Price movement
52 week high1.37
52 week low1.21
Current bid price-
Current offer price-
Current mid price1.36
Region
1Australia53.5%
2USA23.6%
3Asia Pacific ex Japan7.3%
4Europe ex UK6.9%
5Others3.3%
6UK3.1%
7Japan2.3%
Industry sector
No data available.
Asset type
1Australian Equities37.8%
2International Equities18%
3Money Market10.2%
4Property Shares6.3%
5Global Emerging Market Equities6.2%
6Convertibles5.2%
7Global High Yield Fixed Interest5.1%
8Global Government Fixed Interest3.5%
9Europe ex UK Equities2%
Individual holdings
1ABERDEEN AUSTRALASIAN EQUITY19.3%
2ISHARES MSCI AUSTRALIA INDEX18.5%
3ARTISAN GLOBAL VALUE5.7%
4AMERICAN CENTURY CONCENTRATED GLOBAL GROWTH5.2%
5THIRD AVENUE REAL ESTATE VALUE4.8%
6UBS LUX BOND3.5%
7AXA US SHORT DURATION HIGH YIELD BOND Z ACC3.2%
8WESTWOOD STRATEGIC GLOBAL CONVERTIBLES (USD HEDGED)3.2%
9HEPTAGON FUND KOPERNIK GBL ALL CAP EQUITY ACHH1 CHF2.6%
Management
Fund manager group
No data available.
Fund manager company
Momentum Global Funds SICAV
Fund type
Offshore Fund
Fund objective
The portfolio will be biased to investments in Australia, but could also hold investments outside this country. The portfolio aims to provide capital growth in Australian dollars but with a reduced level of volatility, via strategic exposures to a wide range of asset classes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Momentum Global Investment Management Limited14/12/2009
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Hong Kong, Luxembourg, Offshore, Singapore
Harmony Portfolio Australian Dollar Growth A
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.44
CurrencyAUD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3J7
Harmony Portfolio Australian Dollar Growth B
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
Type-
Institutional or retail classRetail
Domicile-
Citi codeG1LB
Harmony Portfolio Australian Dollar Growth C
Initial charge-
Annual charge0.6%
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)4.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.36
CurrencyAUD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08MW
Harmony Portfolio Australian Dollar Growth D
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)4.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.37
CurrencyAUD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1LC
Harmony Portfolio Australian Dollar Growth E
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.44
CurrencyAUD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGMFK
Harmony Portfolio Australian Dollar Growth G
Initial charge-
Annual charge0.6%
Min single investment£7,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencySGD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLCR
Data provided by

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