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Hargreaves Lansdown Select Global Growth Shares fund raises £298 million

  • By Andrew Sullivan
  • News

The HL Select Global Growth Shares fund is a portfolio of high quality shares from markets around the globe. Managed by Steve Clayton (pictured) and his investment team, the fund’s aim is long term capital growth, through a combination of capital gains and income.


 

HL Select Global Growth Shares Fund launched on Friday at a fixed £1 price, after raising £298m during the offer period, more than the £251 million raised for the HL Select UK Income Shares fund and the £168m raised for the HL Select UK Growth Shares fund.

This is a record launch for HL funds, testament to the HL fund management team and the new HL Select style of fund, along with exceptional levels of client liaison.

Steve Clayton, HL Select Fund Manager, said:

“We launched the HL Select fund range back in 2016 because we saw a demand for funds that offered much more communication to their investors about how their money’s being invested.

“The success of the HL Select Global Growth Shares fund shows that appetite remains undiminished. We’ve built a great investment team to support the HL Select Global Growth Shares fund and we’re delighted with this hugely positive response from clients.

“We’ll be revealing the final portfolio later this month, and as part of the HL Select service, we’ll be regularly keeping our investors in touch with how their money is working for them, through updates delivered directly to their e-mail inbox.”

The HL Select range is now managing circa £800m.

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