23 Apr MIMS – Multi Asset Global Opportunities Fund (Report April 2020)
MIMS – Multi Asset Global Opportunities Fund is an actively-managed fund by Minerva Investment Management Society, based on environmental, social, and governance (ESG) criteria.
The ultimate goal of this Fund is to achieve long term growth whilst controlling volatility. To that end, this portfolio will be comprised of a multitude of highly diversified securities with the possibility, in exceptional cases, to take short term speculative positions. To ensure high diversification, the Fund is spread across geographies, industry and asset classes, and is built through stock picking, based on fundamental analysis and macroeconomic views. In total, the asset allocation will aim to include 30 different securities with a risky component amounting to maximum 60% of the portfolio value, compliant with ESG criteria. In order to defend against negative market impacts, 20% is to be allocated into debt securities through various bonds. The remaining 20% comprises 5% in commodities, 10% in real estate and alternative investments, and 5% cash. Derivative securities are intended to be used for hedging purposes only.