The Fund aims to preserve the value of capital in line with inflation (Consumer Price Index) over the long term (5 to 6 years). Capital invested in the Fund is at risk and there is no guarantee that that the investment objective will be met over the 5 to 6 year investment period or in respect of any other period.
Fund Manager
David Vickersmanager
for
8 years
and 9 months
Senior Portfolio Manager, Multi-Asset Solutions – EMEA
B.A. (Honours), Economics and Law
Member of the Securities Institute
CFA Charterholder, CFA Institute
David Vickers is a Senior Portfolio Manager in the Multi-Asset Solutions team at Russell Investments, where he and his team are responsible for the flagship Multi Asset Growth portfolios. The majority of these assets have outcome orientated objectives and as such David plays a key role in the formation of the firm’s dynamic and tactical asset allocation policy.
David joined Russell Investments in 2013 from Sarasin & Partners where he was the lead fund manager within the multi-asset team. During his tenure at Sarasin, David managed The Alpha Common Investment Fund, Sarasin’s flagship charity endowment fund, for which his team won the FT charity fund Managers investors award in 2011, 2012. David was also a core member of the investment policy committee that set the asset allocation and investment strategy for the firm. He was made a partner in 2011.
David joined Sarasin’s in 2007 from Baring Asset Management, where his primary responsibility had been the management of multi asset portfolios for ultra-high net worth charities and private individuals. In addition David managed the US equity element of Barings’ flagship private client unit trust. David started his career in the asset management industry in 1999.
Fund Overview
Mid (30/08/2024)
120.47p
Historic yield
1.50%
Fund size (31/07/2024)
£29.60m
Number of holdings
1341
Entry Charge
3.00%
Ongoing Charges
0.57%
Launch date
23/11/2015
Asset Allocation
International Bonds
9.65%
Commodities
8.50%
UK Corporate Bonds
4.77%
Money Market
0.11%
Alternative Trading Strategies
0.00%
Cash and Equivalents
0.00%
Other Assets
76.97%
Portfolio data accurate as at: 31/07/24
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.
Portfolio data accurate as at:
Asset Allocation
International Bonds
9.65%
Commodities
8.50%
UK Corporate Bonds
4.77%
Money Market
0.11%
Alternative Trading Strategies
0.00%
Cash and Equivalents
0.00%
Other Assets
76.97%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Non-Classified
76.97%
-
-
-
Non-Classified
-
73.69%
-
-
Non-Classified
-
-
73.69%
-
Non-Classified
-
-
-
73.69%
Bonds
14.42%
-
-
-
Commodities
8.50%
-
-
-
Commodities
-
8.50%
-
-
Commodities
-
-
8.50%
-
Commodities
-
-
-
8.50%
Cash and Equivalents
0.11%
-
-
-
Alternative Trading Strategies
0.00%
-
-
-
Alternative Trading Strategies
-
0.00%
-
-
Alternative Trading Strategies
-
-
0.00%
-
Alternative Trading Strategies
-
-
-
0.00%
Regional Allocation
Non-Classified
78.17%
Developed Europe - Excl UK
12.12%
UK
4.77%
North America
2.85%
Commodities
1.33%
Emerging Asia
0.25%
Australia & New Zealand
0.13%
South & Central America
0.12%
Cash and Equivalents
0.11%
Other Regions
0.15%
Fixed Interest Currencies
Non-Fixed Interest Assets
85.53%
Pound Sterling
13.86%
US Dollar
0.35%
Euro
0.19%
Cash
0.05%
Australian Dollar
0.01%
Lari
0.01%
Regional Breakdown
Expand allCollapse all
Region
Country
Non-Classified
78.17%
-
Developed Europe - Excl UK
12.12%
-
Ireland
-
7.20%
France
-
1.09%
Germany
-
1.08%
Luxembourg
-
0.86%
Netherlands
-
0.74%
Spain
-
0.24%
Finland
-
0.17%
Denmark
-
0.17%
Switzerland
-
0.15%
Sweden
-
0.13%
Italy
-
0.12%
Belgium
-
0.08%
Norway
-
0.07%
UK
4.77%
-
United Kingdom
-
4.77%
North America
2.85%
-
United States
-
2.42%
Canada
-
0.44%
Commodities
1.33%
-
Emerging Asia
0.25%
-
Philippines
-
0.25%
Australia & New Zealand
0.13%
-
Australia
-
0.13%
South & Central America
0.12%
-
Mexico
-
0.09%
Venezuela
-
0.03%
Cash and Equivalents
0.11%
-
Middle East & Africa
0.08%
-
Cote D'Ivoire
-
0.05%
United Arab Emirates
-
0.03%
Japan
0.05%
-
Japan
-
0.05%
Developed Asia
0.02%
-
Singapore
-
0.02%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
British Pound Spot
2.32%
Non-Classified
Non-Classified
2
KFW MTN RegS 4.125 02/18/2026
0.09%
Bonds
Germany
3
KFW MTN RegS 3.75 07/30/2027
0.08%
Bonds
Germany
4
KFW MTN RegS 4.875 10/10/2028
0.08%
Bonds
Germany
5
KFW MTN RegS 1.125 07/04/2025
0.08%
Bonds
Germany
6
KFW BANKENGRUPPE MTN 6 12/07/2028
0.08%
Bonds
Germany
7
EUROPEAN INVESTMENT BANK 5.625 06/07/2032
0.08%
Bonds
Luxembourg
8
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026
0.07%
Bonds
Luxembourg
9
European Investment Bank 6% 2028
0.06%
Bonds
Luxembourg
10
KFW MTN RegS 0.875 09/15/2026
0.06%
Bonds
Germany
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Utilities
-
-
0.01%
-
-
-
-
-
0.01%
Cash and Equivalents
-
-
-
-
-
-
-
-
-
Bonds
-
-
4.76%
9.65%
-
-
-
-
14.41%
Non-Classified
-
-
-
-
-
-
85.47%
0.11%
85.59%
Important Information
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
BYXJKN4
Mex Code
-
Isin Code
GB00BYXJKN47
Citi Code
MU6D
Fund Charges
Entry Charge
3.00%
Ongoing Charges
0.57%
Aims and Benchmark
Aims
The Fund aims to preserve the value of capital in line with inflation (Consumer Price Index) over the long term (5 to 6 years). Capital invested in the Fund is at risk and there is no guarantee that that the investment objective will be met over the 5 to 6 year investment period or in respect of any other period.
Benchmark
No Benchmark for this fund
Benchmark Category
-
IA Sector
Mixed Investment 0-35% Shares
Fund Background
Valuation frequency
Daily
Valuation point
07:00
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
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
02 December
31 January
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
State Street Trustees Limited
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
State Street Bank and Trust Company
Group Details
Group name
FP Russell Investments Limited
Group address
IFDS House
St Nicholas Lane
Basildon
Essex
SS15 5FS
Group telephone
0845 002 0785
Dealing telephone
-
Email
-
Homepage
https://russellinvestments.com/uk/
Fax number
-
Dealing
Minimum Investment
£1000
Minimum Top Up
£500
Minimum Regular Saving
£100
Settlement Period: Buy
4 days
Settlement Period: Sell
4 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.