FP Russell Investments Limited Multi Asset Growth Fund I Class C Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/08/19
to
31/08/20		 31/08/20
to
31/08/21		 31/08/21
to
31/08/22		 31/08/22
to
31/08/23		 31/08/23
to
31/08/24
Fund 0.4% 8.6% -9.9% -1.3% 8.9%
Sector 0.6% 7.6% -9.1% -1.3% 9.0%
Rank 28/45 21/50 36/58 29/60 38/64
Quartile 3 2 3 2 3

Annualised performance

Annualised
3 Years to
31/08/24		 5 Years to
31/08/24		 10 Years to
31/08/24
Fund -1.1% 1.1% n/a
Sector -0.8% 1.1% 2.4%
Rank 37/58 26/45 n/a
Quartile 3 3 n/a

Top 10 Holdings

Stock % Weight
British Pound Spot 2.32
KFW MTN RegS 4.125 02/18/2026 0.09
KFW MTN RegS 3.75 07/30/2027 0.08
KFW MTN RegS 4.875 10/10/2028 0.08
KFW MTN RegS 1.125 07/04/2025 0.08
KFW BANKENGRUPPE MTN 6 12/07/2028 0.08
EUROPEAN INVESTMENT BANK 5.625 06/07/2032 0.08
EUROPEAN INVESTMENT BANK MTN RegS 1 09/21/2026 0.07
European Investment Bank 6% 2028 0.06
KFW MTN RegS 0.875 09/15/2026 0.06
Total 2.98

Fund 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.

Fund Manager

David Vickers manager for 8 years and 9 months

Photo of David Vickers 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

pie chart
  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

pie chart
  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

pie chart
  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

pie chart
  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 Crown Rating of 2

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.