The Steer Global Portfolio is USD denominated portfolio invested in multiple asset classes and ideal for investors with a moderate risk profile and an investment horison of 3-5 years
Description
The Steer Global portfolio is a USD denominated portfolio for the investor seeking exposure to a diversified investment strategy in global stocks, commodities, bonds, and cash. The strategy offers diversification value and are geared to deliver results in most market conditions.
Objective
The portfolio aims to provide moderate capital growth and to outperform its benchmark on a risk adjusted return basis over any rolling 12m period. This is achieved by diversifying between unrelated asset classes and the active management of known risks as steered our investment process.
Strategy
The strategy focusses on active asset allocation as the main contributor of returns. Long standing cause and effect relationships between asset classes and financial indicators is monitored to determine the relative value of asset classes to cash and each other. Tactical decisions are balanced and weighted across multiple valuation disciplines.
Performance net of fees with all distributions reinvested
Return summary, net of fees
Steer Global Portfolio · as at 31 July 2026 · USD · annualised, except year to date which is cumulative
Year to date
1 year
3 years
Since inception, January 2021
Source: Steer Global Portfolio factsheet, USD denominated. Benchmark is 60% MSCI World Index and 40% Global Bond Index. Management fee 1.00% a year. Past performance is not an indicator of future results.
Deepest fall, and the gain needed to recover
Steer Global Portfolio · since inception · drawn to scale
Maximum drawdown is the largest fall from a peak to the following trough before a new peak is set. Recovery is arithmetic: a fall of d requires a gain of d ÷ (1 − d) to break even. Source: Steer Global Portfolio factsheet. Past performance is not an indicator of future results.
Risk-adjusted picture
Steer Global Portfolio · since inception · against the passive global alternative
Volatility — lower is better
Return per unit of volatility — higher is better
Calmar ratio — return per unit of drawdown, higher is better
Volatility is annualised standard deviation. Return per unit of volatility is the annualised since-inception return divided by volatility; it is not a Sharpe ratio, as no risk-free rate is deducted. Calmar ratio is the three year annualised return divided by maximum drawdown. Source: Steer Global Portfolio factsheet. Past performance is not an indicator of future results.
