Rathbones Asset Management Limited Multi Asset Total Return Portfolio S Class Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
31/07/24 to 31/07/25 |
|
|---|---|---|---|---|---|
| Fund | 9.1% | -0.5% | 0.6% | 7.3% | 6.3% |
| Sector | 14.9% | -4.4% | 1.2% | 9.6% | 7.8% |
| Rank | 123/153 | 17/180 | 104/188 | 166/197 | 146/203 |
| Quartile | 4 | 1 | 3 | 4 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/25 |
5 Years to 31/07/25 |
10 Years to 31/07/25 |
||
| Fund | 4.7% | 4.5% | 4.0% | |
| Sector | 6.1% | 5.6% | 5.1% | |
| Rank | 133/188 | 97/153 | 56/83 | |
| Quartile | 3 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ⅞% Green Gilt 2033 | 6.29 |
| ⅝% Treasury Gilt 2035 | 4.41 |
| S-Note-SGI VRR ELN 08/25 | 3.01 |
| US TRE 4.625% 15/02/2035 | 2.75 |
| MLBV WTS 05/28(MERRILL) | 2.13 |
| OBR DO T 1.65% 16/07/2032 | 1.96 |
| CITIGROUP 0% 08/29 | 1.92 |
| AUSTRALIA 2.75% 21/06/35 | 1.90 |
| ENSEMBLE INV ELN 29/06/26 | 1.84 |
| JP MORGAN ELN 11/25 | 1.67 |
| Total | 27.87 |
Fund Aims
We aim to deliver a greater total return than the Bank of England's Base Rate + 2%, after fees, over any three-year period by investing with our Liquidity, Equity-type risk and Diversifiers (LED) framework. Total return means the return we receive from the value of our investments increasing (capital growth) plus the income we receive from our investments (interest and dividend payments). We use the Bank of England's Base Rate + 2% as a target for our fund’s return because we aim to provide a return in excess of what you would receive in a UK savings account. There is no guarantee that we will achieve a total return over a three-year, or any, time period. This is an investment product, not a cash savings account. Your capital is at risk. We aim to deliver this return with no more than one-third of the volatility of the FTSE Developed stock market Index. As an indication, if global stock markets fall our fund value should be expected to fall by around one-third of that amount. Because we measure volatility over a three-year period, some falls may be larger or smaller over shorter periods of time. We aim to limit the amount of volatility risk our fund can take because we want our investors to understand the risk they are taking in terms of the global stock market.
Fund Manager
David is head of the team that is responsible for managing the Rathbone Multi-Asset Portfolio funds. He joined Rathbones in 2007 after spending 19 years with Baring Asset Management where he managed multi asset funds and segregated mandates. He began his career with Hambros Bank in 1984.
Will Mcintosh-Whyte is a fund manager on the Rathbone Multi-Asset Portfolio Funds, the offshore Luxembourg-based SICAVs, as well as the Rathbones Managed Portfolio Service (MPS), working alongside David Coombs. He is also responsible for managing the
Rathbone Greenbank Multi-Asset Portfolio funds.Will joined Rathbones in 2007, having worked previously as a specialist researcher for Theisen Securities. At Rathbones, he joined the charities team, and was appointed as an investment manager in 2011, running institutional multi-asset mandates. He has been on the Multi-Asset team since 2015 and is member of Rathbones’ Fixed Income Funds Committee. Will graduated from the University of Manchester Institute of Science of Technology with a BSc Hons in Management, and is a CFA charter-holder.
Fund Overview
| Mid (07/08/2025) | 172.99p |
| Historic yield | 2.52% |
| Fund size (30/06/2025) | £735.06m |
| Number of holdings | 1884 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.55% |
| Launch date | 08/06/2009 |
Asset Allocation
| International Equities | 25.64% | |
| International Bonds | 20.13% | |
| Cash and Equivalents | 17.93% | |
| UK Gilts | 13.55% | |
| UK Equities | 6.38% | |
| UK Corporate Bonds | 5.26% | |
| Commodities | 2.17% | |
| Alternative Trading Strategies | 2.13% | |
| Investment Trusts | 1.26% | |
| Other Assets | 5.55% |
Commentary
SEE https://www.rutm.com/pa/investment-notes.aspx
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's 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 report or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 25.64% | |
| International Bonds | 20.13% | |
| Cash and Equivalents | 17.93% | |
| UK Gilts | 13.55% | |
| UK Equities | 6.38% | |
| UK Corporate Bonds | 5.26% | |
| Commodities | 2.17% | |
| Alternative Trading Strategies | 2.13% | |
| Investment Trusts | 1.26% | |
| Other Assets | 5.55% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 38.94% | - | - | - | |
| Cash and Equivalents | 17.93% | - | - | - | |
| Technology | 7.08% | - | - | - | |
| Technology | - | 7.08% | - | - | |
| Software & Computer Services | - | - | 4.48% | - | |
| Software | - | - | - | 2.66% | |
| Consumer Digital Services | - | - | - | 1.22% | |
| Computer Services | - | - | - | 0.61% | |
| Technology Hardware & Equipment | - | - | 2.59% | - | |
| Semiconductors | - | - | - | 1.01% | |
| Electronic Components | - | - | - | 0.63% | |
| Production Technology Equipment | - | - | - | 0.62% | |
| Computer Hardware | - | - | - | 0.34% | |
| Electronic Office Equipment | - | - | - | 0.00% | |
| Financials | 6.84% | - | - | - | |
| Financial Services | - | 4.19% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.43% | - | |
| Asset Managers & Custodians | - | - | - | 1.23% | |
| Investment Services | - | - | - | 1.20% | |
| Diversified Financial Services | - | - | - | 0.00% | |
| Equity Investment Instruments | - | - | 1.26% | - | |
| Equity Investment Instruments | - | - | - | 1.26% | |
| Finance & Credit Services | - | - | 0.50% | - | |
| Financial Data & Systems | - | - | - | 0.48% | |
| Mortgage Finance | - | - | - | 0.01% | |
| Consumer Lending | - | - | - | 0.01% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.01% | - | |
| Mortgage REITs: Residential | - | - | - | 0.00% | |
| Mortgage REITs: Commercial | - | - | - | 0.00% | |
| Mortgage REITs: Diversified | - | - | - | 0.00% | |
| Insurance | - | 1.39% | - | - | |
| Life Insurance | - | - | 1.04% | - | |
| Life Insurance | - | - | - | 1.04% | |
| Non-life Insurance | - | - | 0.35% | - | |
| Property & Casualty Insurance | - | - | - | 0.34% | |
| Full Line Insurance | - | - | - | 0.00% | |
| Insurance Brokers | - | - | - | 0.00% | |
| Reinsurance | - | - | - | 0.00% | |
| Banks | - | 1.26% | - | - | |
| Banks | - | - | 1.26% | - | |
| Banks | - | - | - | 1.26% | |
| Industrials | 5.57% | - | - | - | |
| Industrial Goods & Services | - | 4.91% | - | - | |
| Industrial Support Services | - | - | 2.61% | - | |
| Transaction Processing Services | - | - | - | 1.15% | |
| Professional Business Support Services | - | - | - | 0.92% | |
| Industrial Suppliers | - | - | - | 0.52% | |
| Business Training & Employment Agencies | - | - | - | 0.01% | |
| Security Services | - | - | - | 0.00% | |
| Forms & Bulk Printing Services | - | - | - | 0.00% | |
| General Industrials | - | - | 0.60% | - | |
| Diversified Industrials | - | - | - | 0.60% | |
| Containers & Packaging | - | - | - | 0.00% | |
| Paints & Coatings | - | - | - | 0.00% | |
| Glass | - | - | - | 0.00% | |
| Plastics | - | - | - | 0.00% | |
| Industrial Transportation | - | - | 0.54% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.53% | |
| Marine Transportation | - | - | - | 0.01% | |
| Commercial Vehicles & Parts | - | - | - | 0.00% | |
| Transportation Services | - | - | - | 0.00% | |
| Trucking | - | - | - | 0.00% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.51% | - | |
| Defense | - | - | - | 0.50% | |
| Aerospace | - | - | - | 0.01% | |
| Industrial Engineering | - | - | 0.47% | - | |
| Machinery: Construction & Handling | - | - | - | 0.45% | |
| Machinery: Industrial | - | - | - | 0.01% | |
| Machinery: Specialty | - | - | - | 0.00% | |
| Machinery: Agricultural | - | - | - | 0.00% | |
| Electronic & Electrical Equipment | - | - | 0.18% | - | |
| Electrical Components | - | - | - | 0.16% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.01% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.01% | |
| Electronic Equipment: Other | - | - | - | 0.00% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.00% | |
| Construction & Materials | - | 0.66% | - | - | |
| Construction & Materials | - | - | 0.66% | - | |
| Building Materials: Other | - | - | - | 0.48% | |
| Cement | - | - | - | 0.15% | |
| Engineering & Contracting Services | - | - | - | 0.01% | |
| Construction | - | - | - | 0.01% | |
| Building: Climate Control | - | - | - | 0.00% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.00% | |
| Non-Classified | 5.09% | - | - | - | |
| Non-Classified | - | 0.00% | - | - | |
| Non-Classified | - | - | 0.00% | - | |
| Non-Classified | - | - | - | 0.00% | |
| Consumer Discretionary | 4.24% | - | - | - | |
| Retail | - | 1.92% | - | - | |
| Retailers | - | - | 1.92% | - | |
| Diversified Retailers | - | - | - | 1.12% | |
| Home Improvement Retailers | - | - | - | 0.44% | |
| Specialty Retailers | - | - | - | 0.35% | |
| Apparel Retailers | - | - | - | 0.01% | |
| Consumer Products & Services | - | 1.83% | - | - | |
| Personal Goods | - | - | 0.86% | - | |
| Cosmetics | - | - | - | 0.49% | |
| Clothing & Accessories | - | - | - | 0.37% | |
| Footwear | - | - | - | 0.00% | |
| Luxury Items | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.49% | - | |
| Consumer Electronics | - | - | - | 0.48% | |
| Recreational Vehicles & Boats | - | - | - | 0.00% | |
| Recreational Products | - | - | - | 0.00% | |
| Electronic Entertainment | - | - | - | 0.00% | |
| Photography | - | - | - | 0.00% | |
| Toys | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.46% | - | |
| Vending & Catering Service | - | - | - | 0.45% | |
| Education Services | - | - | - | 0.01% | |
| Consumer Services: Misc. | - | - | - | 0.00% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Funeral Parlors & Cemetery | - | - | - | 0.00% | |
| Household Goods & Home Construction | - | - | 0.02% | - | |
| Home Construction | - | - | - | 0.01% | |
| Household Furnishings | - | - | - | 0.00% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Household Appliance | - | - | - | 0.00% | |
| Automobiles & Parts | - | 0.47% | - | - | |
| Automobiles & Parts | - | - | 0.47% | - | |
| Auto Parts | - | - | - | 0.46% | |
| Tires | - | - | - | 0.00% | |
| Auto Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 0.02% | - | - | |
| Travel & Leisure | - | - | 0.02% | - | |
| Restaurants & Bars | - | - | - | 0.01% | |
| Recreational Services | - | - | - | 0.01% | |
| Casinos & Gambling | - | - | - | 0.00% | |
| Airlines | - | - | - | 0.00% | |
| Hotels & Motels | - | - | - | 0.00% | |
| Travel & Tourism | - | - | - | 0.00% | |
| Media | - | 0.01% | - | - | |
| Media | - | - | 0.01% | - | |
| Entertainment | - | - | - | 0.00% | |
| Media Agencies | - | - | - | 0.00% | |
| Radio & TV Broadcasters | - | - | - | 0.00% | |
| Publishing | - | - | - | 0.00% | |
| Health Care | 2.93% | - | - | - | |
| Health Care | - | 2.93% | - | - | |
| Medical Equipment & Services | - | - | 1.66% | - | |
| Medical Equipment | - | - | - | 1.65% | |
| Medical Supplies | - | - | - | 0.00% | |
| Medical Services | - | - | - | 0.00% | |
| Pharmaceuticals & Biotechnology | - | - | 1.24% | - | |
| Pharmaceuticals | - | - | - | 1.17% | |
| Biotechnology | - | - | - | 0.07% | |
| Health Care Providers | - | - | 0.03% | - | |
| Health Care Services | - | - | - | 0.01% | |
| Health Care Management Services | - | - | - | 0.01% | |
| Health Care Facilities | - | - | - | 0.01% | |
| Health Care: Misc. | - | - | - | 0.00% | |
| Commodities | 2.17% | - | - | - | |
| Commodities | - | 2.17% | - | - | |
| Commodities | - | - | 2.17% | - | |
| Commodities | - | - | - | 2.17% | |
| Utilities | 2.16% | - | - | - | |
| Utilities | - | 2.16% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.09% | - | |
| Multi-Utilities | - | - | - | 1.07% | |
| Gas Distribution | - | - | - | 0.01% | |
| Water | - | - | - | 0.00% | |
| Electricity | - | - | 0.59% | - | |
| Conventional Electricity | - | - | - | 0.59% | |
| Alternative Electricity | - | - | - | 0.00% | |
| Waste & Disposal Services | - | - | 0.48% | - | |
| Waste & Disposal Services | - | - | - | 0.48% | |
| Alternative Trading Strategies | 2.13% | - | - | - | |
| Alternative Trading Strategies | - | 2.13% | - | - | |
| Alternative Trading Strategies | - | - | 2.13% | - | |
| Alternative Trading Strategies | - | - | - | 2.13% | |
| Energy | 1.47% | - | - | - | |
| Energy | - | 1.47% | - | - | |
| Non-Renewable Energy | - | - | 1.46% | - | |
| Integrated Oil & Gas | - | - | - | 1.42% | |
| Oil Equipment & Services | - | - | - | 0.02% | |
| Oil: Crude Producers | - | - | - | 0.01% | |
| Coal | - | - | - | 0.00% | |
| Oil Refining and Marketing | - | - | - | 0.00% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Pipelines | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.01% | - | |
| Renewable Energy Equipment | - | - | - | 0.00% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Real Estate | 1.29% | - | - | - | |
| Real Estate | - | 1.29% | - | - | |
| Real Estate Investment Trusts | - | - | 1.28% | - | |
| Infrastructure REITs | - | - | - | 0.44% | |
| Other Specialty REITs | - | - | - | 0.43% | |
| Storage REITs | - | - | - | 0.37% | |
| Retail REITs | - | - | - | 0.01% | |
| Health Care REITs | - | - | - | 0.01% | |
| Office REITs | - | - | - | 0.01% | |
| Hotel & Lodging REITs | - | - | - | 0.01% | |
| Diversified REITs | - | - | - | 0.01% | |
| Residential REITs | - | - | - | 0.00% | |
| Industrial REITs | - | - | - | 0.00% | |
| Timber REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.01% | - | |
| Real Estate Holding and Development | - | - | - | 0.00% | |
| Real Estate Services | - | - | - | 0.00% | |
| Consumer Staples | 1.02% | - | - | - | |
| Food, Beverage & Tobacco | - | 0.57% | - | - | |
| Beverages | - | - | 0.56% | - | |
| Soft Drinks | - | - | - | 0.56% | |
| Distillers & Vintners | - | - | - | 0.00% | |
| Food Producers | - | - | 0.01% | - | |
| Food Products | - | - | - | 0.01% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.00% | |
| Fruit & Grain Processing | - | - | - | 0.00% | |
| Tobacco | - | - | 0.00% | - | |
| Tobacco | - | - | - | 0.00% | |
| Personal Care, Drug & Grocery Stores | - | 0.46% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.46% | - | |
| Personal Products | - | - | - | 0.44% | |
| Food Retailers & Wholesalers | - | - | - | 0.01% | |
| Nondurable Household Products | - | - | - | 0.00% | |
| Telecommunications | 0.65% | - | - | - | |
| Telecommunications | - | 0.65% | - | - | |
| Telecommunications Equipment | - | - | 0.40% | - | |
| Telecommunications Equipment | - | - | - | 0.40% | |
| Telecommunications Service Providers | - | - | 0.25% | - | |
| Telecommunications Services | - | - | - | 0.25% | |
| Cable Television Services | - | - | - | 0.00% | |
| Basic Materials | 0.50% | - | - | - | |
| Chemicals | - | 0.47% | - | - | |
| Chemicals | - | - | 0.47% | - | |
| Chemicals: Diversified | - | - | - | 0.47% | |
| Specialty Chemicals | - | - | - | 0.00% | |
| Fertilizers | - | - | - | 0.00% | |
| Basic Resources | - | 0.02% | - | - | |
| Industrial Metals & Mining | - | - | 0.01% | - | |
| Iron & Steel | - | - | - | 0.01% | |
| Metal Fabricating | - | - | - | 0.00% | |
| Nonferrous Metals | - | - | - | 0.00% | |
| Aluminum | - | - | - | 0.00% | |
| General Mining | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.01% | - | |
| Diversified Materials | - | - | - | 0.00% | |
| Forestry | - | - | - | 0.00% | |
| Paper | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.00% | - | |
| Gold Mining | - | - | - | 0.00% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
Regional Allocation
| UK | 25.20% | |
| North America | 21.63% | |
| Developed Europe - Excl UK | 19.50% | |
| Cash and Equivalents | 17.93% | |
| Non-Classified | 6.77% | |
| Australia & New Zealand | 4.47% | |
| Commodities | 2.17% | |
| Developed Asia | 1.40% | |
| Japan | 0.48% | |
| Other Regions | 0.45% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 43.13% | |
| Pound Sterling | 26.83% | |
| Cash | 17.93% | |
| US Dollar | 4.60% | |
| Euro | 4.02% | |
| Australian Dollar | 2.06% | |
| New Zealand Dollar | 1.43% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 25.20% | - | |
United Kingdom
|
- | 25.20% | |
| North America | 21.63% | - | |
United States
|
- | 20.74% | |
Canada
|
- | 0.89% | |
Bermuda
|
- | 0.00% | |
| Developed Europe - Excl UK | 19.50% | - | |
Netherlands
|
- | 6.07% | |
Luxembourg
|
- | 5.92% | |
France
|
- | 2.11% | |
Portugal
|
- | 1.96% | |
Germany
|
- | 1.14% | |
Ireland
|
- | 1.06% | |
Switzerland
|
- | 0.50% | |
Sweden
|
- | 0.47% | |
Spain
|
- | 0.26% | |
Norway
|
- | 0.00% | |
Italy
|
- | 0.00% | |
| Cash and Equivalents | 17.93% | - | |
| Non-Classified | 6.77% | - | |
| Australia & New Zealand | 4.47% | - | |
Australia
|
- | 3.04% | |
New Zealand
|
- | 1.43% | |
| Commodities | 2.17% | - | |
| Developed Asia | 1.40% | - | |
Singapore
|
- | 0.86% | |
Hong Kong
|
- | 0.54% | |
| Japan | 0.48% | - | |
Japan
|
- | 0.48% | |
| Emerging Asia | 0.41% | - | |
Taiwan
|
- | 0.41% | |
| Property | 0.04% | - | |
Breakdown By Market Cap (%)
| Mega |
|
23.05% |
| Large |
|
4.73% |
| Medium |
|
1.81% |
| Small |
|
0.21% |
| Micro |
|
0.04% |
| Non-Classified |
|
13.29% |
| Bonds |
|
38.94% |
| Cash |
|
17.93% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
8.96% |
| 5Yr - 10Yr Maturity |
|
21.27% |
| 10Yr - 15Yr Maturity |
|
4.51% |
| > 15Yr Maturity |
|
4.19% |
| Cash And Equivalents |
|
17.93% |
| Unknown Maturity |
|
7.68% |
| Other Asset Types |
|
35.45% |
Fixed Interest Quality Profile
| AAA |
|
6.04% |
| AA |
|
16.30% |
| A |
|
1.53% |
| BBB |
|
3.98% |
| Sub-Investment Grade |
|
0.10% |
| Unknown Quality |
|
10.98% |
| Cash and Equivalents |
|
17.93% |
| Other Asset Types |
|
43.13% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ⅞% Green Gilt 2033 | 6.29% | Bonds | United Kingdom |
| 2 | ⅝% Treasury Gilt 2035 | 4.41% | Bonds | United Kingdom |
| 3 | S-Note-SGI VRR ELN 08/25 | 3.01% | Non-Classified | Non-Classified |
| 4 | US TRE 4.625% 15/02/2035 | 2.75% | Bonds | United States |
| 5 | MLBV WTS 05/28(MERRILL) | 2.13% | Bonds | Netherlands |
| 6 | OBR DO T 1.65% 16/07/2032 | 1.96% | Bonds | Portugal |
| 7 | CITIGROUP 0% 08/29 | 1.92% | Bonds | Luxembourg |
| 8 | AUSTRALIA 2.75% 21/06/35 | 1.90% | Bonds | Australia |
| 9 | ENSEMBLE INV ELN 29/06/26 | 1.84% | Non-Classified | Non-Classified |
| 10 | JP MORGAN ELN 11/25 | 1.67% | Non-Classified | Netherlands |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B8JBXD3 |
| Mex Code | LEPGTB |
| Isin Code | GB00B8JBXD38 |
| Citi Code | GRYK |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.55% |
Aims and Benchmark
| Aims | We aim to deliver a greater total return than the Bank of England's Base Rate + 2%, after fees, over any three-year period by investing with our Liquidity, Equity-type risk and Diversifiers (LED) framework. Total return means the return we receive from the value of our investments increasing (capital growth) plus the income we receive from our investments (interest and dividend payments). We use the Bank of England's Base Rate + 2% as a target for our fund’s return because we aim to provide a return in excess of what you would receive in a UK savings account. There is no guarantee that we will achieve a total return over a three-year, or any, time period. This is an investment product, not a cash savings account. Your capital is at risk. We aim to deliver this return with no more than one-third of the volatility of the FTSE Developed stock market Index. As an indication, if global stock markets fall our fund value should be expected to fall by around one-third of that amount. Because we measure volatility over a three-year period, some falls may be larger or smaller over shorter periods of time. We aim to limit the amount of volatility risk our fund can take because we want our investors to understand the risk they are taking in terms of the global stock market. |
| Benchmark | Bank of England's Base Rate + 2% |
| Benchmark Category | - |
| IA Sector | Volatility Managed |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 February |
| 01 April | 31 May |
| 01 July | 31 August |
| 01 October | 30 November |
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 | SS&C Financial Services International Limited |
| Fund Registrar | SS&C Financial Services International Limited |
| Fund Custodian | HSBC Bank plc |
Group Details
| Group name | Rathbones Asset Management Limited |
| Group address | 8 Finsbury Circus London EC2M 7AZ |
| Group telephone | 020 7399 0000 |
| Dealing telephone | 08459 220044 |
| rutm@rathbones.com | |
| Homepage | www.rutm.com |
| Fax number | 020 7399 0011 |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £500 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.24 |
| Beta | 0.71 |
| Sharpe | 0.23 |
| Standard Deviation | 5.15 |
| Info Ratio | -0.56 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | Yes |
| Concentrated Portfolio | Yes |
| Smaller Companies | Yes |
| High Yield Bonds | Yes |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | Yes |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
High Yield Bonds
The fund invests in high yield bonds. High yield bonds carry a greater risk of default than investment grade bonds, and economic conditions and interest rate movements will have a greater effect on their price. Income levels may not be achieved and the income provided may vary.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Property
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's 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 report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's 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 report 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.