Kames Capital has announced the launch of a new Dublin-domiciled global diversified growth fund, based on the model of its existing London-domiciled growth fund.
The new fund, which covers a portfolio of 100-200 holdings including investment-grade and high yield bonds, global equities, listed property companies and alternatives will be managed by Colin Dryburgh, member of the Multi-Asset Team at Kames.
The base currency of the new fund will be Euro, with USD, GBP and CHF tranches available. It will be distributed in the UK, Austria, Belgium, Germany, Guernsey, Ireland, Italy, Jersey, Luxembourg, Maltha, the Netherlands, Spain, Sweden and Switzerland.
The existing UK domiciled global siversified growth fund currently manages GBP 288m (€344.55m) and since 2013 has reported an annualised return of 5.08% at a volatility of 6.85%.