Square Mile Investment Consulting & Research (Square Mile) has added the three funds comprising the HSBC Global Strategy Range to its Academy of Funds, awarding them Recommended ratings.

The Academy of Funds is a dedicated section within Square Mile's website, where advisers can access analysis on all recommended funds. Each fund carries a rating - A, AA, AAA, R or P+ - as a mark of quality and a reflection of the level of conviction Square Mile's team of analysts has in a fund's ability to deliver on expectations.

Commenting on the HSBC Global Strategy Range, Tom Poulter, investment research analyst at Square Mile, said:

"We are pleased to introduce the HSBC Global Strategy Range to our Academy of Funds with a Recommended rating. The three Global Strategy funds offer investors an actively managed and diversified portfolio of global equities, global bonds and global real estate which target a specified level of risk over the longer term. They deliver this for an ongoing charge fee that is below 0.20%, which we believe offers investors good value for money.

"Fund managers Jane Davies and Jim Dunsford are experienced multi-asset investors who are supported by the well-resourced Global Multi-Asset Team. We believe that HSBCs robust proprietary optimisation process and their sensible forward-looking market assumptions help form a strong strategic asset allocation framework for the funds, which is on a par with other approaches we have seen."