momentum harmony funds fund brochure global investment management
Fund range The fund range consists of eight multi-asset, multi-manager funds diversified across local and global investments, asset classes, currencies, managers and styles. The portfolio managers tactically allocate assets on a dynamic basis to provide investors with a choice of a regional focus and risk / return profile best suited to their particular investment circumstances. These views are implemented using best of breed fund managers from around the world, as well as passive strategies where appropriate. The funds offer a number of key attributes: Regional choice decide from a range of five geographical investment biases. The funds have a strong regional focus complemented by global diversification. Risk / return choice decide from a balanced or a growth risk profile. Choice of currency decide from a range depending on your preference (USD, GBP, AUD, EUR, SGD). Daily dealing and highly liquid underlying investments. Easy access available on a wide range of Global Investment Platforms including regular premium products. Investment philosphy and process The fund range is managed by Momentum Global Investment Management from their base in London. Their multi-asset investment philosophy is built on three core capabilities: Asset allocation Best of breed fund selection Portfolio construction Asset allocation Identify most attractive strategies Manager selection Portfolio construction Appoint external specialists for each asset class Construct optimal portfolio combining best ideas and strategies Funds Risk management/ operational due diligence Undertake risk management/due diligence on all positions and review Key differentiators Unique range of risk profiles, regional focus and currency base Combination of strategic and tactical asset allocation Dynamic use of best in class underlying managers Independent operational due diligence on underlying managers Use of active and passive funds including ETFs, for low cost index tracking. Page 2 of 8 global investment management momentum harmony funds 2015
Asset allocation This is the key driver of returns and accounts for more than 90% of the variability in portfolio performance over time; active asset allocation demonstrates the portfolio manager s real skill in adding value. Asset allocation is managed actively to take advantage of valuations and the economic outlook for each asset class. Our process focuses on the implementation of tactical views within a long term strategic framework. Portfolio construction The portfolio managers balance the risk and return characteristics of different asset classes as well as the styles of the different specialist managers and their particular biases in order to capture investment opportunities. Risk management Portfolio risk is managed throughout the investment process which is outlined in the previous illustration. Fund selection Momentum recognises that good fund managers can come from anywhere and no investment house has a monopoly on skill or talent. We utilise best of breed ideas from our in-house manager research team across each asset class. Fund details Risk profile Balanced Diversified Growth To balance capital preservation and capital growth, with a degree of capital preservation, To provide capital growth with a To provide capital growth, Objective with a reduced level of volatility reduced level of volatility with a reduced level of volatility Target market USA Asia UK Europe USA Asia UK Australia Currency USD/SGD GBP/SGD EUR/SGD USD/SGD GBP/SGD AUD/SGD Dealing Pricing Daily dealing across all funds Single priced, unitised UCITS IV fund structure global investment management momentum harmony funds 2015 Page 3 of 8
Regular premium product matrix Funds Skandia Momentum Hansard Generali Friends Standard Provident RL 360 0 life Dubai Standard Life Hong Kong Standard Life Singapore Dealing date Purchase direct US Dollar Growth Sterling Growth US Dollar Balanced Sterling Balanced Europe Diversified Asian Growth Asian Balanced Australian Dollar Growth USD: 97015 GBP: 97016 Euro: 97017 HKD: 97018 USD: 97009 GBP: 96999 Euro: 97008 HKD: 97010 USD: 98009 GBP: 98010 Euro: 98011 HKD: 98012 USD: 98014 GBP: 98013 Euro: 98015 HKD: 98016 USD: 98021 GBP: 98022 Euro: 98023 HKD: 98024 USD: 98017 GBP: 98018 Euro: 98019 HKD: 98020 USD: 97019 GBP: 97020 Euro: 97021 HKD: 97022 MC145 S235 47050 U286 U286 Daily Yes MB52 S237 47051 P284 P284 Daily Yes MC144 S234 U285 U285 Daily Yes MB51 S236 P283 P283 Daily Yes S262 E282 E282 Daily Yes S261 47052 U280 U280 Daily Yes S260 U279 U279 Daily Yes A281 A281 Daily Yes IDMS Daily Yes Lump sum investments The fund range can be accessed through a wide range of global platforms for lump sum investing including the platforms in the table above. Page 4 of 8 global investment management momentum harmony funds 2015
Fund identifiers funds ISIN Tickers US Dollar Balanced A LU0651986068 MGFUSBA LX US Dollar Balanced B LU0651986142 MGHUSBB LX US Dollar Balanced C LU0651986225 MGFUSBC LX US Dollar Balanced D LU0651986498 MGHUSBD LX US Dollar Balanced E LU0795381242 MGHUSBE LX US Dollar Balanced G LU1071004748 To be launched US Dollar Growth A LU0651986571 MGFUSGA LX US Dollar Growth B LU0651986654 Requested US Dollar Growth C LU0651986738 MGFUSGC LX US Dollar Growth D LU0651986811 MGFUSGD LX US Dollar Growth E LU0795381598 MGFUSGE LX US Dollar Growth G LU1071004664 MGFUSGG LX Sterling Balanced A LU0651985250 MGFSTBA LX Sterling Balanced B LU0651985334 MGFSTBB LX Sterling Balanced C LU0651985417 MGFSTBC LX Sterling Balanced D LU0651985508 MGFSTBD LX Sterling Balanced E LU0795380863 MGFSTBE LX Sterling Balanced G LU1071004409 To be launched Sterling Growth A LU0651985680 MGFSTGA LX Sterling Growth B LU0651985763 MGFSTGB LX Sterling Growth C LU0651985847 MGFSTGC LX Sterling Growth D LU0651985920 MGFSTGD LX Sterling Growth E LU0795380947 MHRGRWE LX Sterling Growth G LU1071004581 MHRGRWG LX Australian Dollar Growth A LU0651984360 MGFADGA LX Australian Dollar Growth B LU0651984444 To be launched Australian Dollar Growth C LU0651984527 MGFADGC LX Australian Dollar Growth D LU0651984790 MGFHAGD LX Australian Dollar Growth E LU0795380608 MGFHAGE LX Australian Dollar Growth G LU1071004235 To be launched Page 5 of 8 global investment management momentum harmony funds 2015
Fund identifiers (continued) funds ISIN Tickers Asian Balanced A LU0651983552 MGFASBA LX Asian Balanced B LU0651983636 MGFASBB LX Asian Balanced C LU0651983719 MGFASBC LX Asian Balanced D LU0651983800 MGFASBD LX Asian Balanced E LU0795380350 MGFASBE LX Asian Balanced G LU1071004151 To be launched Asian Growth A LU0651983982 MGFASGA LX Asian Growth B LU0651984014 MGFASGB LX Asian Growth C LU0651984105 MGFASGC LX Asian Growth D LU0651984287 MGFASGD LX Asian Growth E LU0795380517 MGFASGE LX Asian Growth G LU1071004078 To be launched Europe Diversified A LU0651984873 MGFEUBA LX Europe Diversified B LU0651984956 To be launched Europe Diversified C LU0651985094 MGFEUBC LX Europe Diversified D LU0651985177 MGFEUBD LX Europe Diversified E LU0795380780 MGFEUBE LX Europe Diversified G LU1071004318 To be launched Page 6 of 8 global investment management momentum harmony funds 2015
Fund structure Promoter - Momentum Global Investment Management Investment manager and global distributor Momentum Global Investment Management Management company RBS Luxembourg Depositary and administrator JP Morgan Luxembourg Sub-distributor Easton Asset Management Auditors Pricewaterhouse Coopers Regulator - CSSF Luxembourg About Momentum Global Investment Management Momentum Global Investment Management was established in the UK in 1998 as the international investment and asset management arm of MMI Holdings Ltd. As with any growing business, we have evolved with the times and the ever-changing investment landscape, developing into an investment-driven business that focuses on tailored products and solutions for a diverse client base. Our clients and partners span institutions, corporates, wealth managers and professional advisors in our key geographical target markets: Asia and the Middle East, the UK and Europe, the United States and South Africa. About the MMI Group Momentum Global Investment Management is a wholly owned subsidiary of the MMI Group. As at 31 December 2014 MMI Holdings Ltd: is a leading life insurance and investment group in South Africa and Africa, employing more than 17,900 people manages assets of USD 49.5 billion, with more than 670 employees engaged in its investment businesses is well known for its product innovation, outstanding service delivery, and commitment to independent financial advice is listed on the Johannesburg Stock Exchange as MMI Holdings, with a market capitalisation of circa USD 4.2 billion. global investment management momentum harmony funds 2015 Page 7 of 8
Contact details If you would like any additional information on the fund range, please contact: Distribution: Operational and service queries: For direct dealing: Cameron Knox Russell Andrews Momentum Global Funds E-mail: info@harmonyportfolios.com Head of Distribution Services 6 Route de Treves and crknox64@gmail.com Momentum Global Investment Management Senningerberg, L-2633 T: +62 21 25574500 E-mail: russell.andrews@momentumgim.com Luxembourg For further information: T: +44 (0)207 618 1803 www.harmonyportfolios.com www.momentumgim.com Important notes Momentum Global Investment Management is the trading name for Momentum Global Investment Management Limited. This document does not constitute an offer or solicitation to any person in any jurisdiction in which it is not authorised or permitted, or to anyone who would be an unlawful recipient, and is only intended for use by original recipients and addressees. The original recipient is solely responsible for any actions in further distributing this document, and should be satisfied in doing so that there is no breach of local legislation or regulation. The information is intended solely for use by our clients or prospective clients, and should not be reproduced or distributed except via original recipients acting as professional intermediaries. This document is not for distribution in the United States. Prospective investors should inform themselves and if need be take appropriate advice regarding applicable legal, taxation and exchange control regulations in countries of their citizenship, residence or domicile which may be relevant to the acquisition, holding, transfer, redemption or disposal of any investments herein solicited. Any opinions expressed herein are those at the date this material is issued. Data, models and other statistics are sourced from our own records, unless otherwise stated herein. We believe that the information contained is from reliable sources, but we do not guarantee the relevance, accuracy or completeness thereof. Unless otherwise provided under UK law, Momentum Global Investment does not accept liability for irrelevant, inaccurate or incomplete information contained, or for the correctness of opinions expressed. We caution that the value of investments in discretionary accounts, and the income derived, may fluctuate and it is possible that an investor may incur losses, including a loss of the principal invested. Past performance is not generally indicative of future performance. Investors whose reference currency differs from that in which the underlying assets are invested may be subject to exchange rate movements that alter the value of their investments. Our investment mandates in alternative strategies and hedge funds permit us to invest in unregulated funds that may be highly volatile. Although alternative strategies funds will seek to follow a wide diversification policy, these funds may be subject to sudden and/or large falls in value. The illiquid nature of the underlying funds is such that alternative strategies funds deal infrequently and require longer notice periods for redemptions. These Investments are therefore not readily realisable. If an alternative strategies fund fails to perform, it may not be possible to realise the investment without further loss in value. These unregulated funds may engage in the short selling of securities or may use a greater degree of gearing than is permitted for regulated funds (including the ability to borrow for a leverage strategy). A relatively small price movement may result in a disproportionately large movement in the investment value. The purpose of gearing is to achieve higher returns associated with larger investment exposures, but has concomitant exposure to loss if positive performance is not achieved. Reliable information about the value of an investment in an alternative strategies fund may not be available (other than at the fund s infrequent valuation points). Under our multi-management arrangements, we selectively appoint underlying sub-investment managers and funds to actively manage underlying asset holdings in the pursuit of achieving mandated performance objectives. Annual investment management fees are payable both to the multimanager and the manager of the underlying assets at rates contained in the offering documents of the relevant portfolios (and may involve performance fees where expressly indicated therein). Momentum Global Investment Management Limited (Company Registration No. 3733094) registered office at The Rex Building, 62 Queen Street, London, EC4R 1EB. Momentum Global Investment Management Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom, and is an authorised Financial Services Provider pursuant to the Financial Advisory and Intermediary Services Act 37 of 2002 in South Africa. Momentum Global Investment Management Limited 2015 Momentum Global Investment Management Limited Momentum Global Investment Management Limited (Company Registration No. 3733094) has its registered office at The Rex Building, 62 Queen Street, London, EC4R 1EB. Momentum Global Investment Management Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom, and is an authorised Financial Services Provider pursuant to the Financial Advisory and Intermediary Services Act 37 of 2002 in South Africa.