Multi-Manager Distribution Fund

ISIN
GB0002725421

NAV
GBP 134.20p
As of 13/12/19

1-Day Change
GBP 0.40p (0.30%)
As of 13/12/19

Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.

Overview

INVESTMENT OBJECTIVE

To achieve long term (over at least 5 years) total return (capital growth with income) through a diverse portfolio of both UK and overseas investments.

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The Fund will maintain a low level of exposure to shares/equities (within a range of 0-35%). The Fund will invest in collective investment schemes, transferrable securities, money market instruments, deposits, cash and near cash. Derivatives and forward foreign exchange contracts may be used to achieve the investment objective and for the purposes of Efficient Portfolio Management.

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The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is for promotional purposes and does not qualify as an investment recommendation.

PORTFOLIO MANAGEMENT

Dean Cheeseman

Portfolio Manager

Industry since 1995. Joined Firm in 2017.

Nick Watson, CFA

Portfolio Manager

Industry since 2007. Joined Firm in 2007.

Paul O’Connor

Head of Multi-Asset | Portfolio Manager

Industry since 1995. Joined Firm in 2013.

Performance

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance
A Inc IA Mixed Investment 20-60% Shares
 
Quarter End
As of 30/09/19
Sep-2018 - Sep-2019 Sep-2017 - Sep-2018 Sep-2016 - Sep-2017 Sep-2015 - Sep-2016 Sep-2014 - Sep-2015
3.64% 2.70% 4.42% 11.22% -0.41%
IA Mixed Investment 20-60% Shares 4.13% 2.64% 6.16% 12.28% 0.27%

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims. The sector also limits the Fund’s exposure to shares of companies (also sometimes referred to as equities) to a range of 20-60%.

Cumulative Performance
A Inc IA Mixed Investment 20-60% Shares
 
As of November 30, 2019 1MO 3MO YTD 1YR 3YR 5YR 10YR
A Inc 1.12% 1.65% 11.01% 7.66% 13.49% 21.17% 65.65%
IA Mixed Investment 20-60% Shares 1.19% 1.24% 10.70% 7.91% 15.01% 25.45% 69.47%

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims. The sector also limits the Fund’s exposure to shares of companies (also sometimes referred to as equities) to a range of 20-60%.

FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.50%
Ongoing Charge
(As of May 23, 2019)
2.23%

Portfolio

(As of 31/10/19)
% OF FUND
MI Twentyfour Investment Funds Dynamic Bond Fund 7.96
Investec Funds Series I - Uk Equity Income Fund GBP 7.46
BlackRock Continental European Income 6.10
iShares Core UK Gilts UCITS ETF 6.03
Jupiter Income Trust GBP 5.50
Schroder Asian Income Fund 5.33
Axa Fixed Interest Icvc - US Short Duration High Yield Fund GBP 5.19
PIMCO GIS Income Fund 5.07
Invesco European Equity Income Fund GBP 4.90
S&P 500 Index 4.73

Documents

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • If the Fund or a specific share class of the Fund seeks to reduce risks (such as exchange rate movements), the measures designed to do so may be ineffective, unavailable or detrimental.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The Fund invests in other funds (including exchange traded funds and investment trusts/companies), which may introduce more risky assets, derivative usage and other risks, as well as contributing to a higher level of ongoing charges.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund or you invest in a share class of a different currency to the Fund (unless 'hedged'), the value of your investment may be impacted by changes in exchange rates.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • Some or all of the Annual Management Charge and other costs of the Fund may be taken from capital, which may erode capital or reduce potential for capital growth.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty. View the portfolio transaction costs across the Henderson UK Fund range.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.

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