prod
retail.momentum.co.za
menu

CAPITAL PROTECTION AND LONG-TERM GROWTH

Momentum International Income Fund

This unit trust is suited to investors with a low-to-moderate-risk profile with a long-term investment horizon. The fund is a Rand-denominated, global fixed income fund that provides an income within the confines of its conservative mandate. Offshore exposure is a minimum of 80%.

The benchmark is the ICE BoAML 3-month Bill Index (1/3 3-month US Treasury Bill Index, 1/3 3-month Sterling Government Bill Index, 1/3 3-month German Treasury Bill Index).

The Momentum International Income Fund is 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

Illustration of unit trusts in a folder.

Asset class

Global fixed income

Illustration of a speedometer with an exclamation warning sign next to it.

Risk

Low to moderate

Illustration of a calendar with a clock next to it.

Term

5+ years

Understanding the investor’s risk profile

The Momentum International Income Fund provides investors with a global income and provides investors with returns derived from shorter- dated government and corporate securities, as well as protection against Rand depreciation.

In an investment portfolio, the Momentum International Income Fund is a good diversification away from more risky investments like equities. This fund is a long-term investment suitable for low-risk investors wanting an income from foreign securities.

Understanding the fund's risk profile

Permanent capital loss is unlikely but possible if an issuer of one of the instruments held in the fund defaults.

This portfolio invests in foreign securities which carries 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 exposes you to foreign exchange risk. Fluctuations in the value of the Rand relative to offshore currencies may cause the value of underlying international investments to go up or down.

Five or more years.

Fund manager

Alex Harvey

Portfolio Manager

BA (Hons), CFA Charterholder, IMC, Series 3


Managing the fund since 2009

Need advice?

Chat to one of our certified financial advisers about our unit trust options.

Collective investment schemes disclosure

Always be responsible and read the disclosures before you invest. Each fund fact sheet contains fund-specific disclosure details.

Resource centre

We and our selected partners use cookies to enhance and personalise your experience on our website. Please see our cookie policy for more information.

To enhance your user experience on our site, learn more about our supported browsers

Your browser's cookies are disabled. Enable cookies to ensure our website functions correctly. View our Privacy Notice.