Monday, 08 April 2019 10:36

Hargreaves Lansdown launches new global equity fund

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Following its £460m HL Select fund range, Hargreaves Lansdown is launching a global equity fund, to sit alongside our existing UK Growth and UK Income funds.

The firm says the HL Select range “gives investors an unrivalled level of communication between the fund manager and their investors”.
 
The HL Select Global Growth Shares fund will launch on 3 May at a £1 fixed launch price and will sit in the IA Global sector.

 

Applications are open now and will close when the fixed £1 price ends at midnight on Thursday 2 May.
 
Steve Clayton, HL Select global shares fund manager, Hargreaves Lansdown, said: “Investing globally opens up new opportunities to find truly exceptional companies from a much bigger pool of choice.

“We try to identify great businesses, wherever they are in the world, with strong balance sheets, and own them for the long term.

“We look for businesses that are in charge of their own destiny, which will grow through thick and thin, regardless of issues like Brexit.

“By taking a wary attitude to debt, we hope to shield investors from the worst of any future downturns, while capitalising on the upswings.
 
“We want HL Select investors to really understand what is happening to their money, and why their fund manager bought and sold the stocks they did.”
 
He added: “We provide a new type of investor experience by offering access to an expertly managed portfolio of shares, in the convenience of a fund, with a wealth of regular information and insight for those who want to take a closer look at the investments we make on their behalf.”

 

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Last modified on Monday, 08 April 2019 10:50
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