Global Multi-Asset Total Return



Latest NAV Price - March 23, 2023


Dealing currency


NAV daily change %

GBP 86.61 M

Fund size - March 23, 2023


Investment objective summary

The Fund aims to provide long-term total returns (the combination of income and capital growth). Total returns are not guaranteed over any period of time, including the long term, and you may get back less than you invested.

The Fund invests around the world primarily in a mix of assets including: the shares of companies; bonds (contracts to repay borrowed money which typically pay interest at fixed times); commodities, property and other alternative assets (such as hedge funds, infrastructure funds and private equity funds).

Investments may be directly in the assets themselves (excluding property and commodities) or indirectly through other funds (up to 100%). The Fund also has the flexibility to invest outside of the aforementioned asset classes.

Derivatives (financial contracts whose value is linked to the price of an underlying asset) may be used for investment purposes (i.e. in order to achieve the Fund’s investment objectives) or for efficient portfolio management purposes e.g. with the aim of either managing the Fund risks or reducing the costs of managing the Fund.

The Fund’s performance can be compared to a return of 7% each year in GBP. The performance comparator has been chosen as we believe it is a reasonable benchmark by which to measure the Fund’s returns based on current market conditions and the principal asset types available for investment. Fund performance can also be compared to the IA sector average. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK investment managers), to facilitate comparison between funds with broadly similar characteristics.