HL Select Global Growth Shares
Important information - The value of this fund can fall as well as rise so you could get back less than you invest. This information isn’t personal advice. If you're not sure whether an investment is suitable for your circumstances please contact us for personal advice. The HL Select Global Growth Shares fund is managed by our sister company HL Fund Managers Ltd.
Managed by Hargreaves Lansdown, powered by J.P. Morgan Asset Management
We selected J.P. Morgan, one of the world’s leading investment managers for the HL Select Global Growth Shares fund. For a total ongoing charge (OCF) of just 0.60%, investors benefit from both our strategic oversight as Fund Manager and J.P. Morgan Asset Management’s specialist portfolio management expertise.
Clients will benefit from:
Exceptional strength in portfolio construction and active management
Access to deep expertise from a leading global asset manager
Our robust governance and risk management
What is HL Select Global Growth Shares?
This fund contains shares in quality companies around the world. Investing globally gives access to a wide pool of opportunities to find truly exceptional companies. It allows us to look beyond domestic markets and capture growth wherever it emerges while balancing risk across regions and sectors. This may include investment in emerging markets and higher-risk smaller companies where we see excellent growth potential. It also means no single economy or style can affect the fund too much.
Our experts work closely with our appointed sub-managers, setting the framework, providing strategic oversight and guiding the careful selection of a number of financially attractive companies.
Is the HL Select Global Growth Shares fund right for you?
It could be perfect if you:
Want to invest in high quality companies around the world
Want to invest in a fund that has a relatively concentrated portfolio – typically 40 to 75 companies
Are happy building your own diversified portfolio
Are happy to invest for the long term – we suggest at least five years
Have 3 to 6 months of essential expenses in cash for emergencies
Understand the value of your investments will rise and fall, so you could get back less than you invest
Any questions? Get in touch with our UK-based helpdesk. We’ll be happy to help.
The investment strategy
HL Select Global Growth Shares is a fund focused on investing in global shares and powered by J.P. Morgan Asset Management. The team's edge is driven by the expertise of approximately 80 career analysts and supported by nearly four decades of research.
The fund will invest in global companies that the managers believe have sustainable long-term earnings and strong cash flow forecasts with the aim of beating the market benchmark over the long-term.
J.P. Morgan Asset Management conducts its own in-depth research into companies, including proprietary financial analysis. They align their research over longer time horizons to properly reflect on opportunities that company management is looking to create over multi-year periods and create sustainable value.
What J.P. Morgan Asset Management look for in companies
The potential to deliver above average total return over the long-term is the main objective. The J.P. Morgan Asset Management team that will be powering the fund follow an investment process based around the principles below:
The process is driven by individual security research and avoids reliance on broad style or factor tilts, keeping exposure to non‑stock‑specific risks minimal.
Dedicated career analyst teams generate original, in‑depth research intended to create a durable information advantage that anchors stock recommendations.
Analyst forecasts are translated into an internal rate of return (IRR) for each stock, providing a systematic, comparable basis for assessing opportunities and capturing research insights.
Analysts evaluate companies’ “through‑cycle” or normalised earnings power, looking past short‑term noise to identify mispricing that can compound over time.
Sector teams build common industry frameworks, sharing data and assumptions to assess structure, competitive intensity, supplier/customer concentration, and likely long‑term winners and losers.
Structural growth drivers in the portfolio emerge organically from bottom‑up research and a long‑term investment horizon, rather than from top‑down theme allocation.
Portfolio managers combine uncorrelated, research‑driven positions while explicitly minimising risks where the team lacks edge (e.g., broad macro exposures), aiming to maximise stock‑specific gains potential.
Superior investor insight
Insight into exactly what's happening with your money.
Shares chosen for growth
See the underlying shareholdings, not just the top 10
Find out exactly why we hold the shares
Updated overall fund performance and breakdown
Managers’ blog
Learn what is bought and sold in the portfolio, along with our latest thoughts on the holdings and market each quarter.
Low fixed annual fund charges
Yearly charge based on an example £1,000 investment:
| Initial charge | Ongoing charge | HL account charge | Total charge |
|---|---|---|---|
| £0 | £6.00 | £3.50 | £9.50 |
| 0% | 0.60% | 0.35% | 0.95% |
The ongoing charge is fixed and taken directly from the fund. This covers the management of the fund and all expenses other than transactional fees, which are incurred by all funds when shares are bought or sold. The HL charge is our platform charge which won't be over 0.35%. Both of these charges will be payable if you want to hold the fund with HL, amounting to a maximum of just 0.95% in total.
This fund is managed by Hargreaves Lansdown Fund Managers Ltd, part of the Hargreaves Lansdown Group. If you invest, HL will receive the fund's management charge, as well as the account charge.
See how the costs will affect your investment in detailSee our charges
Ready to invest?
Invest with a lump sum from £100, or start a monthly direct debit from just £25 per month.
Invest Now View the key investor informationView fund factsheet
Meet the team
HLFM Investment Team
For more than 20 years, the HLFM investment team has been managing portfolios combining global market experience with disciplined, research-led decision making.
The team comprises of seven portfolio managers supported by a wider group of experienced investment professionals.
Ziad Gergi, CFA – Head of the HLFM Investment Team
Ziad joined HL in 2021 and is the Head of the HLFM Investment Team, overseeing the management of the funds within HL Fund Managers. He joined from Barclays Wealth where he was heading the Multi-Asset team. Ziad started his investment career in 2005 as an equity portfolio manager in Paris, France.
He moved to London in 2011 to join the multi-manager team at Barclays covering various equity markets and managing the firm’s mixed assets funds. Ziad has received multiple awards and recognition over his investment career. He holds Masters degrees in both Economics and Management, as well as being a CFA Charterholder.
J.P. Morgan Asset Management Portfolio Managers
Helge Skibeli, Christian Pecher, Craig Morgan