MODERATE INCOME CAPITAL GROWTH
Momentum Global Managed Feeder Fund
This unit trust is suited to investors with a moderate-to-high-risk profile and a long-term investment horizon. The fund is a rand-denominated, global, multi-asset-class fund, which aims to provide moderate income and long-term capital growth. Equity exposure is substantial and is limited to a maximum of 75%.
The fund aims to outperform the returns of the benchmark over the long term. The benchmark is Global Cash +4.0%.
The fund holds a small portion in local cash/money market and more than 95% is invested in the Momentum Global Managed Fund ICC, which is an offshore multi-manager fund managed by our London office, Momentum Global Investment Management (MGIM). MGIM was established in the UK in 1998, as a specialist global investment manager.For more information on MGIM click here
Fund objectives
Asset class
Global multi-asset
Risk
Moderate to High
Term
6+ years
Understanding the investor’s risk profile
The Momentum Global Managed Feeder Fund provides investors with global income and high capital growth over the long term by providing exposure to investments across a range of global assets classes, various currencies and market sectors.
In an investment portfolio, this fund gives you offshore exposure in a Rand-based unit trust. This fund is suitable for moderate- to high-risk investors over the long term.
Understanding the fund's risk profile
This fund invests in foreign securities, which carry country specific risks, such as potential constraints on liquidity and the repatriation of funds, macroeconomic risks, political risks, foreign exchange risks, tax risks, settlement risks, and potential limitations on the availability of market information.
Investments in a foreign currency expose you to foreign exchange risk. Fluctuations in the value of the Rand relative to offshore currencies may cause the value of underlying global investments to go up or down.
Fund manager
Momentum Collective Investments is the investment manager for the Momentum Global Cautious Feeder Fund. Aside from a small cash/money market component, the majority of this fund feeds into the Momentum Global Cautious Fund ICC that is managed by Momentum Global Investment Management (MGIM).
Richard Stutley
Portfolio Manager
BSc Economics (Hons) & Politics, CFA Charterholder, IMC
Managing the fund since 2016