HL expands Select range with global growth fund

Third fund in the range

Hargreaves Lansdown is adding to its suite of managed equity funds with the launch of a global product, which will sit alongside its existing UK Growth and UK Income funds.

The HL Select Global Growth Shares fund is the third product to be added to its £460m HL Select range and will sit in the IA Global sector.  It will will launch on 3 May at a £1 fixed launch price, which will be available until 2 May; applications to invest are open now. The OCF on the fund is 0.6%, plus a Vantage fee of up to 0.45%. The fund's aim is to achieve log-term capital growth while maintaining strong communication with investors. The vehicle will invest across all major stockmarkets, with a high conviction portfolio consisting of 30-40 names. It is benchmarked against the...