Fact sheet: Harmony Portfolio Strlng Bal

Fund information
Fund name
Harmony Portfolio Sterling Balanced D GBP
Fund manager company
Momentum Global Funds SICAV
Fund type
Offshore Fund
Fund manager
  • Momentum Global Investment Management Limitedsince 31/05/2011
Fund objective
The portfolio will be biased to investments in the United Kingdom, but could also hold investment outside this country. The portfolio aims to provide a balance between capital preservation and capital growth in Sterling with a reduced level of volatility via strategic exposures to a wide range of other asset classes.
Benchmark
No data available.
Investment style
Balanced
Investment method
Mixed
Quick stats
1 Year return
15.1%
1 Year rank in sector
18/132
Sector
FO Mixed Asset - Balanced
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.
3.68%
Fund size
£75m (£53m 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.
50
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal43%
Capital Group EMTOpL30.2%
HSBC Pfl World Seltn 328.5%
Oasis Crs Gbl Low EqBal23.6%
SEI Balanced20.9%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • UK42%
    USA26.3%
    Europe ex UK11%
    Money Market8.1%
    Others4.9%
  • No data available.
  • UK Equities26.8%
    International Equities10.4%
    Global Investment Grade Fixed Interest9.7%
    Convertibles9.2%
    Global High Yield Fixed Interest8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%6.4%9.9%15.1%15.3%-
Sector0.3%4.4%5.6%7.1%11.7%29%
Rank within sector33 / 14419 / 13816 / 13718 / 13234 / 111-
Quartile1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.8%-0.5%2.2%9.5%5.3%
Sector4.6%-0.3%4.7%7.5%7.6%
Rank within sector17 / 13459 / 12594 / 11536 / 10487 / 93
Quartile1st2nd4th2nd4th
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.
1.07
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.
0.82
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.
0.21
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%.
5.79
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.
3.54
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.
0.07
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.
0.65
Price movement
52 week high1.34
52 week low1.13
Current bid price-
Current offer price-
Current mid price1.33
Region
1UK42%
2USA26.29%
3Europe ex UK11.03%
4Money Market8.1%
5Others4.87%
6Asia Pacific ex Japan4.41%
7Japan2.11%
8Australia1.19%
Industry sector
No data available.
Asset type
1UK Equities26.8%
2International Equities10.4%
3Global Investment Grade Fixed Interest9.7%
4Convertibles9.2%
5Global High Yield Fixed Interest8.1%
6Money Market8.1%
7Global Fixed Interest7.7%
8Property Shares5.1%
9UK Property5%
Individual holdings
1SCHRODER UK RECOVERY8%
2MUZINICH ENHANCEDYIELD SHORT TERM A HEDGED INC GBP7.7%
3EVENLODE INCOME7.1%
4BLACKROCK US CORPORATE BOND INDEX6.9%
5CF LINDSELL TRAIN UK EQUITY6%
6RWC INCOME OPPORTUNITIES5.7%
7AXA US SHORT DURATION HIGH YIELD5.4%
8EDISTON PROPERTY INVESTMENT COMPANY PLC ORD 1P4.8%
9THIRD AVENUE REAL ESTATE VALUE4.1%
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 the United Kingdom, but could also hold investment outside this country. The portfolio aims to provide a balance between capital preservation and capital growth in Sterling with a reduced level of volatility via strategic exposures to a wide range of other asset classes.
Benchmark
No data available.
Investment style
Balanced
Investment method
Mixed
Fund manager
NameSinceBiography
Momentum Global Investment Management Limited31/05/2011
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Hong Kong, Luxembourg, Offshore, Singapore
Harmony Portfolio Sterling Balanced A
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.42
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3J1
Harmony Portfolio Sterling Balanced B
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.35
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1KZ
Harmony Portfolio Sterling Balanced C
Initial charge-
Annual charge0.6%
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.4
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08N0
Harmony Portfolio Sterling Balanced D GBP
Initial charge-
Annual charge0.6%
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.33
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IPS
Harmony Portfolio Sterling Balanced E
Initial charge-
Annual charge-
Min single investment£7,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.34
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGMFM
Harmony Portfolio Sterling Balanced 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 updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLCT
Data provided by

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