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MI Momentum Factor 3 Class A - Accumulation (GBP)

Sell:128.65p Buy:128.65p Change: 0.23p (0.18%)
Prices as at 19 July 2019
Sell:128.65p
Buy:128.65p
Change: 0.23p (0.18%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 19 July 2019
Sell:128.65p
Buy:128.65p
Change: 0.23p (0.18%)
Prices as at 19 July 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.49%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.49%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 7 March 2011
Sector: Flexible Investment
Fund size: £7 million
Number of holdings: 36
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

19/07/14 to 19/07/15 19/07/15 to 19/07/16 19/07/16 to 19/07/17 19/07/17 to 19/07/18 19/07/18 to 19/07/19
Annual return 1.34% 7.46% 5.28% 0.50% 0.91%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

The Fund aims to deliver a real return for investors over the medium to long term of CPI +3% net of fees, with anticipated volatility in the range of 4-7%. The Fund aims to operate within the 'low' risk profile as defined by Distribution Technology, the independent fund rating agency. The Fund will invest across a range of asset classes using third party investment funds, and is classified in the IA Flexible Investment sector. The minimum investment horizon for the Fund should be thought of as four years.

Income Details

Historic yield : 1.07%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 July 2019 1 January 2020
Payment date: 31 August 20194 28 February 20204

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 March 2019.

Security Weight
US Treasury 2.25% 31/12/2023 10.21%
1% Treasury Gilt 2024 7.72%
iShares £ Corporate Bond 0-5yr UCITS ETF 6.76%
TWENTYFOUR INCOME FUND LTD 4.53%
Schroder Recovery Class Z 4.46%
iShares Physical Gold ETC 4.23%
TB Evenlode Income Class C 4.08%
US Treasury 0.25% Index Linked 15/01/2025 3.99%
RWC TM RWC UK Equity Income Fund Class S GBP 3.60%
Contrarius Global Equity I A 3.57%
Sector Weight
Bonds 45.43%
Managed Funds 22.13%
Equity Investment Instruments 5.44%
Commodities 4.23%
Real Estate Investment Trusts 3.83%
Non-Classified 2.71%
Personal Care, Drug & Grocery Stores 1.50%
Banks 1.46%
Cash and Equiv. 1.35%
Non-Renewable Energy 1.20%
Country Weight
United States 27.34%
United Kingdom 23.73%
Managed Funds 22.13%
Non-Classified 7.06%
Commodities 4.23%
Direct Property and REITs 2.15%
Netherlands 1.78%
France 1.54%
Cash and Equiv. 1.35%
Canada 1.10%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 19 July 2019. Data provided by Funds Library, correct as at 30 June 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.