The objective of the Sub-Fund is to achieve significant real rates of return in Sterling terms predominantly
from a portfolio of UK and international securities. The Sub-Fund is managed to seek a minimum return of
cash (1 month GBP LIBOR) +4% per annum over 5 years before fees. In so doing we aim to achieve a
positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may
occur.
The Sub-Fund may also invest in deposits, approved money market instruments, derivative instruments,
forward transactions and collective investment schemes.
Fund Manager
Andy Warwickmanager
for
5 years
and 8 months
TBC
Aron Patakimanager
for
5 years
and 8 months
Aron is a global portfolio manager and risk strategist for the real return portfolios, with a particular focus on the use of derivatives and hedging. Together with Suzanne Hutchins and Andy Warwick, Aron is responsible for the final capital allocation decisions on the strategy. Aron joined Newton in 2006 as a member of the portfolio analytics team, where he was responsible for risk analysis and portfolio construction across Newton’s institutional and retail portfolios. Previously, he worked as a quantitative analyst at Lacima Group.
Suzanne Hutchinsmanager
for
5 years
and 8 months
Suzanne is a portfolio manager on the Real Return strategy and head of the Real Return team. She chairs the formal weekly team meeting and, together with Aron Pataki and Andy Warwick, Suzanne is responsible for the final capital allocation decisions on the strategy. Suzanne started her career at Newton in 1991 as a global research analyst before working directly with Stewart Newton on multi-asset and RPI-based strategies and leading on Newton’s UK and Intrepid teams. In 2005, Suzanne joined Capital International, before returning to Newton to focus on the Real Return strategy. She is an associate member of the CFA1 and UK Society of Investment Professionals (UKSIP) and graduated from University College London with a First Class BA (Hons) degree.
Fund Overview
Mid (30/08/2024)
111.57p
Historic yield
2.77%
Fund size (30/06/2024)
£2841.05m
Number of holdings
871
Entry Charge
0.00%
Ongoing Charges
0.86%
Launch date
05/09/2012
Asset Allocation
International Equities
33.91%
International Bonds
15.90%
UK Corporate Bonds
10.88%
UK Equities
8.55%
UK Gilts
6.80%
Commodities
4.52%
Cash and Equivalents
4.41%
Investment Trusts
2.96%
Property
0.66%
Other Assets
11.42%
Portfolio data accurate as at: 30/06/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B7W3652
Mex Code
RSETRS
Isin Code
GB00B7W36529
Citi Code
GPQJ
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.86%
Aims and Benchmark
Aims
The objective of the Sub-Fund is to achieve significant real rates of return in Sterling terms predominantly
from a portfolio of UK and international securities. The Sub-Fund is managed to seek a minimum return of
cash (1 month GBP LIBOR) +4% per annum over 5 years before fees. In so doing we aim to achieve a
positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may
occur.
The Sub-Fund may also invest in deposits, approved money market instruments, derivative instruments,
forward transactions and collective investment schemes.
Benchmark
LIBOR GBP 1 Month + 4%
Benchmark Category
-
IA Sector
Targeted Absolute Return
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
ICVC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Biannually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
02 January
28 February
03 July
30 September
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
The Bank of New York Mellon (International) Limited
Fund Registrar
BNY Mellon Fund Managers Limited
Fund Custodian
The National Westminster Bank plc
Group Details
Group name
BNY Mellon Fund Management (Luxembourg) S.A.
Group address
BNY Mellon Asset Management International Limited
The Bank of New York Mellon Centre
160 Queen Victoria Street
London
EC4V 4LA
United Kingdom
Group telephone
0500 66 00 00
Dealing telephone
-
Email
brokersupport@bnymellon.com
Homepage
www.bnymellonam.com
Fax number
-
Dealing
Minimum Investment
£10000000
Minimum Top Up
£0
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
4
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.