General Information

Global Equity Fund

  • Long-only equities
  • Global exposure
  • Large capitalisation bias
  • No derivatives, gearing or hedging
  • Transparency
  • Diversified global equity exposure via single product

PDF Download Presentation

Key Features
Minimum initial investment £10,000
Minimum subsequent investment £1,000
Dealing Weekly, each Wednesday
Asset management fee 0.75% p.a.
Share classes

Class A: GBP
Class B: USD
Identifiers

Class A: GG00BYW8JJ19
Class B: GG00BYW8JQ85
Fund Domicile   Guernsey
Manager Momentum Wealth International Limited
Investment Manager Credo Capital plc
Administrator & Registrar

Northern Trust International Fund
Administration Services (Guernsey) Limited
Auditor PricewaterhouseCoopers CI LLP
Legal Advisors Carey Olsen
TER 1.41%*

(*) As at 26 July 2017

Custody & Regulation

Custody
  • Appointed custodian is Northern Trust (Guernsey) Limited
  • A global leader in delivering innovative fund administration to clients
  • Trusted and sound custodian, providing investors with the peace of mind that their assets are secure and protected at all times
  • Assets under custody $7.1 trillion*
  • Independent calculation of the Fund’s Net Asset Value (NAV) on a weekly basis

(*) As at 31 March 2017

Regulation
  • Incorporated cell of Momentum Mutual Fund ICC Limited
  • Authorised as a Class B Collective Investment Scheme by the Guernsey Financial Services Commission (GFSC)
  • Approved in South Africa by the Financial Services Board (FSB)
  • Regarded as a Non-Mainstream Pooled Investment (NMPI) in the United Kingdom (UK) and can only be promoted to eligible counterparties and professional and retail clients that are certified as high net worth, certified sophisticated investors and self-certified sophisticated investors as set out in COBS 4.12 of the FCA Handbook
  • UK Reporting Status Fund

Performance

Absolute Return (%)
  1 Month 3 Months 6 Months S. Inception
GBP -1.57 1.59 4.27 37.10
Benchmark 0.72 3.06 6.15 37.17
USD -0.67 3.18 7.92 28.59
Benchmark 1.62 4.79 9.86 28.24

Source: Momentum Global Investment Management Limited & Northern Trust International Fund Administration Services (Guernsey) Limited.
Benchmark MSCI World NR USD. Inception date 01/03/2016. Performance as at 26/07/2017.

Factsheet

Minimum Disclosure Document

The factsheet includes fund details and the investment objective. Fund specific information such as the top 10 holdings, sector and regional allocations as well as a market commentary is also included.

PDF Download MDD GBP

PDF Download MDD USD

NAV per Share
  08/08 02/08 26/07 19/07
GBP 1.3923 1.3751 1.3710 1.3717
USD 1.2962 1.3063 1.2859 1.2851

Source: Northern Trust International Fund Administration Services (Guernsey) Limited.

Fund Documents

Supplemental Cell

The CGEF is regulated by the Guernsey Financial Services Commission (GFSC). The Supplemental Cell Prospectus provides important information, including investment objectives and restrictions, risk warnings and dealing information. This document may assist you in making your investment decision.

PDF Download Supplement

Momentum Mutual Fund ICC

Momentum Mutual Fund ICC Limited Prospectus, the core prospectus of the fund is to be read in conjunction with the Supplemental Cell Prospectus.

PDF Download Prospectus

Annual Financial Statements

Momentum Mutual Fund ICC Limited Annual Report and Audited Financial Statements for Credo Global Equity Fund IC Limited.

PDF Download Statements

Frequently Asked Questions

There are a number of ways to invest in the Credo Global Equity Fund (Guernsey Regulated):
1. Directly via the Credo platform;
2. Indirectly via a 3rd party platform (Glacier International, Momentum International); and
3. Directly via the Fund Administrator, Northern Trust International Fund Administration Services (Guernsey) Limited.
Please contact your Relationship Manager who will be able to assist you with any of these options.
The minimum investment amounts are as per Q2 above and remain in force regardless of the size of your total portfolio at Credo.
The fund is ideally suited to investors with a high risk tolerance.
An investment in the fund should be made for a period of 5 years or longer.
Yes, Class A & B Shares: 0.75% per annum.