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HL Global Equity Income

Global income investing from the experts you trust

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AccumulationIncome ?

Sell: 100.15p|Buy: 100.15p|Change 0.37p (0.37%)

Correct as at 20/12/2024

Sell: 100.16p|Buy: 100.16p|Change 0.37p (0.37%)

Correct as at 20/12/2024

Important information - This fund is designed for investors who want to make their own investment decisions and build diversified portfolios. Investing for longer increases the likelihood of positive returns. Over a period of five years or more, investments usually give you a higher return compared to cash savings. But investments and any income from them can go down as well as up in value, so you could get back less than you put in.

This isn’t personal advice – please ask us for advice if you’re not sure an investment is right for you. This fund is managed by Hargreaves Lansdown Fund Managers Ltd., part of the Hargreaves Lansdown Group.

Invest in the HL Global Equity Income Fund and you’ll get:

  • An expert team on your side
    HL’s dedicated team of fund managers and analysts oversee and support the fund. They’ve extensively researched the market and handpicked what they believe are some of the best global equity income fund managers out there to pick stocks.
  • Global investing done for you
    HL’s chosen underlying fund managers will do the hard work of finding investment opportunities from across the world. Your portfolio will gain a blend of the underlying managers’ tried and tested strategies. This makes it a great option for investors comfortable building their own portfolios, looking for a simple way to diversify their holdings and income streams. It’s worth noting that the fund can invest up to 20% in emerging markets, which adds risk.
  • Monthly income
    Income generated from the fund is managed for you by HL, aiming to provide you with a monthly income. The only choice you need to make is whether you receive or re-invest the income. As with all investments, any income is variable and not guaranteed.
  • All at a great price
    Investing in the HL Global Equity Income Fund is cheaper than the average cost of other global equity income funds. And, with this fund, you get stocks picked for you by several external managers. You’ll also have the reassurance of knowing HL’s expert team are continuously monitoring the fund to ensure it’s on track with the fund’s objectives. Once you’ve invested, all you need to do is check in on your portfolio from time to time using the HL website or app, to make sure the fund’s still in line with your investment goals.

Find out what you need to know about the HL Global Equity Income Fund.

Investing takes minutes

You can invest with a lump sum from £100, or £25 by monthly Direct Debit. This investment can be held in any HL account.

As this is a long-term investment, you should be comfortable holding this fund for at least five years.

Investing in funds isn't right for everyone. You should only invest if the fund's objectives are aligned with your own, and there's a specific need for the type of investment being made. You should understand the specific risks of the fund before you invest, and make sure any new investment forms part of a diversified portfolio. Investments will fall as well as rise in value so you could get back less than you invest.

Before making an investment, please read the key investor information, and the HL Key Features and Terms and Conditions of any new account you may open.

Costs

Data correct as at 10 October 2024.

Yearly charge based on an example £1,000 investment:

£0

Initial charge

£7.90

Ongoing charge

£4.50

HL platform fee

£12.40

Total charge

0%

Initial charge

0.79%

Ongoing charge
(OCF/TER)

0.45%

HL platform fee

1.24%

Total charge

The ongoing charge is taken directly from the fund. This covers the management of the fund and all expenses other than transactional fees, which are charged on top of this. These costs are incurred by all funds when shares are bought or sold and are reflected in the fund’s price.

The HL account charge is our fee for looking after your investments, which won't be over 0.45% per year. Both of these charges will be payable if you want to hold the fund with HL, amounting to a maximum of just 1.24% in total per year. The above example assumes no growth.

This fund is managed by Hargreaves Lansdown Fund Managers Ltd., part of the Hargreaves Lansdown Group. If you invest, HL will receive the fund's management charge, as well as the account charge.

See how the costs will affect your investment in detail

View HL’s charges

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Building out your portfolio?

If you’re comfortable building out your own portfolio and would like HL’s dedicated team of fund managers to look after more of your investments, consider HL's Portfolio Building Block funds:

  • They can be used to build a portfolio or add to an existing one
  • They provide a simple way to diversify across sectors
  • Over 400,000 investors already trust HL's expert fund management teams with more than £10bn of their money

See the full range

Frequently asked questions

  • What’s the minimum I can invest?

    You can invest lump sums from £100 or invest by Direct Debit starting from as little as £25 per month.

  • Which accounts can I invest in?

    You can buy and hold the HL Global Equity Income Fund in any of our investment accounts.

    If you want to see all the options, and their risks and benefits, try our compare accounts tool.

    Compare Accounts

  • Can I set up a Direct Debit into the HL Global Equity Income Fund?

    Yes, you can invest by Direct Debit. You can set up a Direct Debit from as little as £25 per month. We’ll take payments on the 7th of the month or next available working day and invest by the 10th of the month or next available working day.

    To set up your Direct Debit, log in to your account and go to the 'Monthly Savings' tab within an existing account via our website, or via the 'Direct Debit' section in the HL app. You can also set up an instruction when opening an account.

  • What’s the difference between income and accumulation units?

    The type of unit you hold determines how any income from the fund is treated.

    With income units, income is paid out to fund holders as cash. This could provide the investor with an income stream or the cash could be used to buy the same or a different investment.

    With accumulation units, income is kept within the fund and reinvested, increasing the price of the units. Generally, for investors who wish to reinvest the income, accumulation units offer a more convenient and cost-effective way of doing this.

    This fund is available in both accumulation and income units.

    View HL Global Equity Income Fund Accumulation Factsheet

    View HL Global Equity Income Fund Income Factsheet

  • How will income be treated?

    The type of unit you hold determines how any income from the fund is treated.

    With income units, income is paid out to fund holders as cash to the account it’s held in. This could provide the investor with an income stream, or the cash could be used to buy the same or a different investment.

    This income will be treated in line with the income instruction on your account. You can change this within the 'Account settings' tab of your account.

    Held on account: we shall transfer your income to your capital account where it will be available to invest when you choose.

    Automatically re-invested: we will reinvest any income automatically for you between the 11th and 21st of the month when it reaches £10 (or your chosen minimum) per holding.

    Paid out: your income will be paid to your nominated bank account.

    With accumulation units, income is kept within the fund and reinvested, increasing the price of the units. Generally, for investors who wish to reinvest the income, accumulation units offer a more convenient and cost-effective way of doing this.

    This fund is available in both accumulation and income units.

    View HL Global Equity Income Fund Accumulation Factsheet

    View HL Global Equity Income Fund Income Factsheet

  • How will income be taxed?

    Any income will be treated as a dividend payment.

    If this fund is held in an ISA or SIPP, any income will not be taxable.

    Outside of an ISA or SIPP you may need to pay tax on it depending on your own circumstances. This includes investments in accumulation units where the income is reinvested.

    At the end of the tax year, we’ll send a consolidated tax certificate which will show the income you’ve received to help you when completing your taxes. Tax rules change and benefits depend on individual circumstances.

  • Can I switch existing investments into this fund?

    Investors may switch existing investments into this fund (a switch is where one fund is sold, and the proceeds reinvested in another).