Liontrust Multi Asset Blended Reserve Class S (Net) Acc

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

Performance

Discrete performance - to last month end

30/09/20
to
30/09/21
30/09/21
to
30/09/22
30/09/22
to
30/09/23
30/09/23
to
30/09/24
30/09/24
to
30/09/25
Fund 3.6% -17.0% 3.2% 12.0% 7.5%
Sector 13.9% -10.2% 5.1% 13.3% 8.5%
Rank 146/154 176/181 144/189 141/198 125/204
Quartile 4 4 4 3 3

Annualised performance

Annualised
3 Years to
30/09/25
5 Years to
30/09/25
10 Years to
30/09/25
Fund 7.5% 1.3% 3.2%
Sector 8.9% 5.7% 5.9%
Rank 132/189 148/154 75/85
Quartile 3 4 4

Top 10 Holdings

Stock % Weight
1½% Treasury Gilt 2026 0.87
1¼% Treasury Gilt 2027 0.81
⅞% Treasury Gilt 2029 0.81
3¾% Treasury Gilt 2027 0.78
4½% Treasury Gilt 2028 0.75
1⅝% Treasury Gilt 2028 0.74
4⅛% Treasury Gilt 2027 0.70
4¼% Treasury Gilt 2027 0.70
⅜% Treasury Gilt 2026 0.67
⅛% Treasury Gilt 2028 0.64
Total 7.47

Fund Aims

The Fund seeks to achieve capital growth and income with a low level of volatility (risk), having a risk profile of 2, in a range from 1 to 7 where 1 is the lowest risk and 7 the highest.

Fund Manager

Multi-Asset investment team manager for 4 years and 5 months

Photo of Multi-Asset investment team Headed by John Husselbee since joining Liontrust in 2013, the team comprises of five investment managers and one junior analyst, and has combined experience of more than 80 years. Deputy Head James Klempster joined from Momentum Global Investment Management, Mayank Markanday joined Liontrust as part of the Architas acquisition, David Salisbury joined from 4 Shires Asset Management, Anthony Chemla joined from atomos (previously Sanlam Investments) and Victor Alabrune joined Liontrust after completing an internship in the Portfolio & Data Insights team.

Fund Overview

Mid (08/10/2025) 145.28p
Historic yield 2.15%
Fund size (31/08/2025) £102.64m
Number of holdings 17380
Entry Charge 0.00%
Ongoing Charges 0.68%
Launch date 12/11/2001

Asset Allocation

pie chart
  International Equities 26.66%
  International Bonds 23.30%
  UK Gilts 16.34%
  UK Corporate Bonds 9.43%
  UK Equities 6.09%
  Cash and Equivalents 4.16%
  Property 1.68%
  Money Market 0.67%
  Alternative Trading Strategies 0.14%
  Other Assets 11.53%
Portfolio data accurate as at: 31/08/25

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 Equities 26.66%
  International Bonds 23.30%
  UK Gilts 16.34%
  UK Corporate Bonds 9.43%
  UK Equities 6.09%
  Cash and Equivalents 4.16%
  Property 1.68%
  Money Market 0.67%
  Alternative Trading Strategies 0.14%
  Other Assets 11.53%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 49.14% - - -
 
Non-Classified 11.57% - - -
 
Non-Classified - 10.05% - -
 
Non-Classified - - 10.05% -
 
Non-Classified - - - 10.05%
 
Technology 6.50% - - -
 
Technology - 6.50% - -
 
Software & Computer Services - - 3.61% -
 
Consumer Digital Services - - - 1.70%
 
Software - - - 1.48%
 
Computer Services - - - 0.42%
 
Technology Hardware & Equipment - - 2.89% -
 
Semiconductors - - - 1.84%
 
Computer Hardware - - - 0.57%
 
Production Technology Equipment - - - 0.26%
 
Electronic Components - - - 0.21%
 
Electronic Office Equipment - - - 0.02%
 
Industrials 5.25% - - -
 
Industrial Goods & Services - 4.67% - -
 
Industrial Support Services - - 1.19% -
 
Transaction Processing Services - - - 0.50%
 
Professional Business Support Services - - - 0.35%
 
Industrial Suppliers - - - 0.21%
 
Business Training & Employment Agencies - - - 0.10%
 
Security Services - - - 0.03%
 
Forms & Bulk Printing Services - - - 0.00%
 
Industrial Transportation - - 1.09% -
 
Railroads - - - 0.44%
 
Transportation Services - - - 0.22%
 
Marine Transportation - - - 0.12%
 
Railroad Equipment - - - 0.11%
 
Delivery Services - - - 0.08%
 
Commercial Vehicles & Parts - - - 0.07%
 
Commercial Vehicle-Equipment Leasing - - - 0.04%
 
Trucking - - - 0.01%
 
General Industrials - - 0.69% -
 
Diversified Industrials - - - 0.46%
 
Paints & Coatings - - - 0.13%
 
Glass - - - 0.08%
 
Containers & Packaging - - - 0.02%
 
Plastics - - - 0.00%
 
Industrial Engineering - - 0.59% -
 
Machinery: Industrial - - - 0.31%
 
Machinery: Engines - - - 0.10%
 
Machinery: Tools - - - 0.08%
 
Machinery: Construction & Handling - - - 0.06%
 
Machinery: Agricultural - - - 0.04%
 
Machinery: Specialty - - - 0.00%
 
Aerospace & Defence - - 0.58% -
 
Aerospace - - - 0.41%
 
Defense - - - 0.17%
 
Electronic & Electrical Equipment - - 0.53% -
 
Electrical Components - - - 0.21%
 
Electronic Equipment: Gauges & Meters - - - 0.15%
 
Electronic Equipment: Control & Filter - - - 0.13%
 
Electronic Equipment: Pollution Control - - - 0.02%
 
Electronic Equipment: Other - - - 0.01%
 
Construction & Materials - 0.58% - -
 
Construction & Materials - - 0.58% -
 
Building Materials: Other - - - 0.17%
 
Cement - - - 0.12%
 
Building: Climate Control - - - 0.09%
 
Construction - - - 0.08%
 
Engineering & Contracting Services - - - 0.07%
 
Building, Roofing/Wallboard & Plumbing - - - 0.06%
 
Financials 5.15% - - -
 
Banks - 2.48% - -
 
Banks - - 2.48% -
 
Banks - - - 2.48%
 
Financial Services - 1.60% - -
 
Investment Banking & Brokerage Services - - 1.20% -
 
Asset Managers & Custodians - - - 0.52%
 
Investment Services - - - 0.52%
 
Diversified Financial Services - - - 0.16%
 
Finance & Credit Services - - 0.29% -
 
Financial Data & Systems - - - 0.15%
 
Consumer Lending - - - 0.13%
 
Mortgage Finance - - - 0.00%
 
Equity Investment Instruments - - 0.10% -
 
Equity Investment Instruments - - - 0.10%
 
Mortgage Real Estate Investment Trusts - - 0.01% -
 
Mortgage REITs: Residential - - - 0.01%
 
Insurance - 1.08% - -
 
Non-life Insurance - - 0.68% -
 
Property & Casualty Insurance - - - 0.41%
 
Full Line Insurance - - - 0.21%
 
Reinsurance - - - 0.03%
 
Insurance Brokers - - - 0.03%
 
Life Insurance - - 0.39% -
 
Life Insurance - - - 0.39%
 
Cash and Equivalents 4.83% - - -
 
Consumer Discretionary 4.43% - - -
 
Consumer Products & Services - 1.38% - -
 
Leisure Goods - - 0.43% -
 
Electronic Entertainment - - - 0.15%
 
Consumer Electronics - - - 0.12%
 
Recreational Vehicles & Boats - - - 0.08%
 
Toys - - - 0.04%
 
Recreational Products - - - 0.02%
 
Photography - - - 0.01%
 
Personal Goods - - 0.40% -
 
Clothing & Accessories - - - 0.18%
 
Luxury Items - - - 0.12%
 
Cosmetics - - - 0.07%
 
Footwear - - - 0.03%
 
Consumer Services - - 0.35% -
 
Consumer Services: Misc. - - - 0.22%
 
Vending & Catering Service - - - 0.12%
 
Education Services - - - 0.01%
 
Funeral Parlors & Cemetery - - - 0.00%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Storage Facilities - - - 0.00%
 
Household Goods & Home Construction - - 0.21% -
 
Home Construction - - - 0.11%
 
Household Appliance - - - 0.08%
 
Household Furnishings - - - 0.02%
 
Household Equipment & Products - - - 0.00%
 
Retail - 1.13% - -
 
Retailers - - 1.13% -
 
Diversified Retailers - - - 0.80%
 
Home Improvement Retailers - - - 0.15%
 
Specialty Retailers - - - 0.10%
 
Apparel Retailers - - - 0.08%
 
Automobiles & Parts - 0.72% - -
 
Automobiles & Parts - - 0.72% -
 
Automobiles - - - 0.57%
 
Auto Parts - - - 0.11%
 
Tires - - - 0.04%
 
Auto Services - - - 0.00%
 
Travel & Leisure - 0.68% - -
 
Travel & Leisure - - 0.68% -
 
Restaurants & Bars - - - 0.20%
 
Travel & Tourism - - - 0.14%
 
Casinos & Gambling - - - 0.12%
 
Hotels & Motels - - - 0.11%
 
Airlines - - - 0.08%
 
Recreational Services - - - 0.04%
 
Media - 0.52% - -
 
Media - - 0.52% -
 
Media Agencies - - - 0.21%
 
Entertainment - - - 0.20%
 
Radio & TV Broadcasters - - - 0.07%
 
Publishing - - - 0.03%
 
Real Estate 2.86% - - -
 
Real Estate - 2.86% - -
 
Real Estate Investment Trusts - - 2.30% -
 
Diversified REITs - - - 0.44%
 
Industrial REITs - - - 0.36%
 
Retail REITs - - - 0.28%
 
Residential REITs - - - 0.27%
 
Other Specialty REITs - - - 0.22%
 
Health Care REITs - - - 0.21%
 
Office REITs - - - 0.18%
 
Infrastructure REITs - - - 0.16%
 
Storage REITs - - - 0.12%
 
Hotel & Lodging REITs - - - 0.06%
 
Timber REITs - - - 0.00%
 
Real Estate Investment & Services - - 0.57% -
 
Real Estate Holding and Development - - - 0.47%
 
Real Estate Services - - - 0.10%
 
Health Care 2.68% - - -
 
Health Care - 2.68% - -
 
Pharmaceuticals & Biotechnology - - 1.67% -
 
Pharmaceuticals - - - 1.49%
 
Biotechnology - - - 0.19%
 
Medical Equipment & Services - - 0.78% -
 
Medical Equipment - - - 0.66%
 
Medical Supplies - - - 0.10%
 
Medical Services - - - 0.02%
 
Health Care Providers - - 0.23% -
 
Health Care Management Services - - - 0.13%
 
Health Care Services - - - 0.05%
 
Health Care Facilities - - - 0.04%
 
Consumer Staples 2.03% - - -
 
Personal Care, Drug & Grocery Stores - 1.03% - -
 
Personal Care, Drug & Grocery Stores - - 1.03% -
 
Personal Products - - - 0.48%
 
Food Retailers & Wholesalers - - - 0.36%
 
Nondurable Household Products - - - 0.12%
 
Drug Retailers - - - 0.07%
 
Food, Beverage & Tobacco - 1.00% - -
 
Beverages - - 0.39% -
 
Soft Drinks - - - 0.19%
 
Distillers & Vintners - - - 0.14%
 
Brewers - - - 0.06%
 
Food Producers - - 0.36% -
 
Food Products - - - 0.33%
 
Farming, Fishing, Ranching & Plantations - - - 0.02%
 
Fruit & Grain Processing - - - 0.02%
 
Sugar - - - 0.00%
 
Tobacco - - 0.25% -
 
Tobacco - - - 0.25%
 
Utilities 1.95% - - -
 
Utilities - 1.95% - -
 
Electricity - - 1.17% -
 
Conventional Electricity - - - 1.14%
 
Alternative Electricity - - - 0.03%
 
Gas, Water & Multi-utilities - - 0.76% -
 
Multi-Utilities - - - 0.49%
 
Gas Distribution - - - 0.15%
 
Water - - - 0.12%
 
Waste & Disposal Services - - 0.03% -
 
Waste & Disposal Services - - - 0.03%
 
Energy 1.30% - - -
 
Energy - 1.30% - -
 
Non-Renewable Energy - - 1.27% -
 
Integrated Oil & Gas - - - 0.60%
 
Pipelines - - - 0.40%
 
Oil Refining and Marketing - - - 0.13%
 
Oil Equipment & Services - - - 0.07%
 
Oil: Crude Producers - - - 0.06%
 
Coal - - - 0.02%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.03% -
 
Renewable Energy Equipment - - - 0.03%
 
Alternative Fuels - - - 0.00%
 
Telecommunications 1.11% - - -
 
Telecommunications - 1.11% - -
 
Telecommunications Service Providers - - 0.71% -
 
Telecommunications Services - - - 0.59%
 
Cable Television Services - - - 0.11%
 
Telecommunications Equipment - - 0.41% -
 
Telecommunications Equipment - - - 0.41%
 
Basic Materials 1.06% - - -
 
Basic Resources - 0.67% - -
 
Industrial Metals & Mining - - 0.52% -
 
General Mining - - - 0.27%
 
Iron & Steel - - - 0.11%
 
Nonferrous Metals - - - 0.06%
 
Aluminum - - - 0.05%
 
Copper - - - 0.03%
 
Metal Fabricating - - - 0.01%
 
Precious Metals & Mining - - 0.14% -
 
Gold Mining - - - 0.14%
 
Platinum & Precious Metals - - - 0.00%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.01% -
 
Paper - - - 0.01%
 
Diversified Materials - - - 0.00%
 
Forestry - - - 0.00%
 
Textile Products - - - 0.00%
 
Chemicals - 0.40% - -
 
Chemicals - - 0.40% -
 
Chemicals: Diversified - - - 0.24%
 
Specialty Chemicals - - - 0.09%
 
Fertilizers - - - 0.05%
 
Chemicals & Synthetic Fibers - - - 0.02%
 
Alternative Trading Strategies 0.14% - - -
 
Alternative Trading Strategies - 0.14% - -
 
Alternative Trading Strategies - - 0.14% -
 
Alternative Trading Strategies - - - 0.14%

Regional Allocation

pie chart
  UK 31.96%
  North America 23.12%
  Developed Europe - Excl UK 13.81%
  Non-Classified 12.06%
  Emerging Asia 6.23%
  Cash and Equivalents 4.83%
  Japan 3.88%
  Property 1.62%
  Australia & New Zealand 0.92%
  Other Regions 1.56%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 48.78%
  Pound Sterling 32.21%
  US Dollar 9.42%
  Euro 6.09%
  Cash 2.15%
  Yuan Renminbi 0.50%
  Other Currencies 0.84%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 31.96% -
 
United Kingdom - 31.86%
 
Jersey - 0.10%
 
North America 23.12% -
 
United States - 21.79%
 
Canada - 1.34%
 
Developed Europe - Excl UK 13.81% -
 
France - 2.58%
 
Germany - 2.29%
 
Luxembourg - 1.97%
 
Netherlands - 1.56%
 
Italy - 1.17%
 
Ireland - 0.95%
 
Switzerland - 0.87%
 
Spain - 0.71%
 
Finland - 0.45%
 
Sweden - 0.43%
 
Denmark - 0.33%
 
Belgium - 0.22%
 
Norway - 0.16%
 
Austria - 0.09%
 
Portugal - 0.03%
 
Liechtenstein - 0.00%
 
Iceland - 0.00%
 
Non-Classified 12.06% -
 
Emerging Asia 6.23% -
 
China - 2.57%
 
Taiwan - 1.07%
 
South Korea - 1.03%
 
India - 0.95%
 
Thailand - 0.21%
 
Philippines - 0.19%
 
Indonesia - 0.08%
 
Malaysia - 0.06%
 
Viet Nam - 0.06%
 
Kazakhstan - 0.02%
 
Cash and Equivalents 4.83% -
 
Japan 3.88% -
 
Japan - 3.88%
 
Property 1.62% -
 
Australia & New Zealand 0.92% -
 
Australia - 0.83%
 
New Zealand - 0.09%
 
Developed Asia 0.59% -
 
Hong Kong - 0.47%
 
Singapore - 0.12%
 
South & Central America 0.48% -
 
Brazil - 0.19%
 
Mexico - 0.17%
 
Venezuela - 0.04%
 
Colombia - 0.04%
 
Chile - 0.02%
 
Honduras - 0.01%
 
Peru - 0.00%
 
Panama - 0.00%
 
Uruguay - 0.00%
 
Cayman Islands - 0.00%
 
Middle East & Africa 0.31% -
 
United Arab Emirates - 0.14%
 
South Africa - 0.08%
 
Cote D'Ivoire - 0.07%
 
Israel - 0.02%
 
Saudi Arabia - 0.00%
 
Qatar - 0.00%
 
Emerging Europe 0.18% -
 
Poland - 0.08%
 
Hungary - 0.04%
 
Greece - 0.03%
 
Turkey - 0.01%
 
Czech Republic - 0.00%
 
Romania - 0.00%
 
Slovakia (Slovak Republic) - 0.00%
 
Slovenia - 0.00%
 
Croatia - 0.00%
 
Latvia - 0.00%
 
Bulgaria - 0.00%
 
Lithuania - 0.00%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
16.45%
Large
 
 
8.91%
Medium
 
 
4.38%
Small
 
 
0.80%
Micro
 
 
0.21%
Non-Classified
 
 
15.34%
Bonds
 
 
49.07%
Cash
 
 
4.83%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
27.96%
5Yr - 10Yr Maturity
 
 
10.59%
10Yr - 15Yr Maturity
 
 
2.86%
> 15Yr Maturity
 
 
7.66%
Cash And Equivalents
 
 
4.83%
Unknown Maturity
 
 
1.41%
Other Asset Types
 
 
44.69%

Fixed Interest Quality Profile

AAA
 
 
4.65%
AA
 
 
18.39%
A
 
 
5.06%
BBB
 
 
8.33%
Sub-Investment Grade
 
 
4.88%
Unknown Quality
 
 
7.79%
Cash and Equivalents
 
 
4.83%
Other Asset Types
 
 
46.10%

Top 10 Fund Holdings

Name % Weight Sector Country
1 BlackRock iShares Corporate Bond Index Class L 11.11% Managed Funds Managed Funds
2 Liontrust GF High Yield Bond Class C5 8.61% Managed Funds Managed Funds
3 Legal & General US Index Trust C 5.56% Managed Funds Managed Funds
4 Legal & General ICAV L&G Emerging Markets Equity Index Fund Class C 4.80% Managed Funds Managed Funds
5 Amundi ETF Amundi UK Government Bond 0-5Y UCITS ETF Dist 4.71% Managed Funds Managed Funds
6 Liontrust GF Global Short Dated Corporate Bond Class C10 4.68% Managed Funds Managed Funds
7 SPDR ETF SPDR Bloomberg 1-5 Year Gilt UCITS ETF - 4.63% Managed Funds Managed Funds
8 HSBC Global Government Bond Index Class S2QH 4.46% Managed Funds Managed Funds
9 Royal London Corporate Bond Class Z 3.86% Managed Funds Managed Funds
10 Man Group GLG Sterling Corporate Bond Professional C 3.82% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 1½% Treasury Gilt 2026 0.87% Bonds United Kingdom
2 1¼% Treasury Gilt 2027 0.81% Bonds United Kingdom
3 ⅞% Treasury Gilt 2029 0.81% Bonds United Kingdom
4 3¾% Treasury Gilt 2027 0.78% Bonds United Kingdom
5 4½% Treasury Gilt 2028 0.75% Bonds United Kingdom
6 1⅝% Treasury Gilt 2028 0.74% Bonds United Kingdom
7 4⅛% Treasury Gilt 2027 0.70% Bonds United Kingdom
8 4¼% Treasury Gilt 2027 0.70% Bonds United Kingdom
9 ⅜% Treasury Gilt 2026 0.67% Bonds United Kingdom
10 ⅛% Treasury Gilt 2028 0.64% Bonds United Kingdom

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 BCZW5D2
Mex Code V9ACNO
Isin Code GB00BCZW5D20
Citi Code JMLY

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.68%

Aims and Benchmark

Aims The Fund seeks to achieve capital growth and income with a low level of volatility (risk), having a risk profile of 2, in a range from 1 to 7 where 1 is the lowest risk and 7 the highest.
Benchmark none
Benchmark Category -
IA Sector Volatility Managed

Fund Background

Valuation frequency Daily
Valuation point 07:59
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 Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 January 31 January
01 July 31 July

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Bank of New York Mellon (International) Limited
Fund Administrator Bank of New York Mellon (International) Limited
Fund Registrar Internal
Fund Custodian Bank of New York Mellon (International) Limited

Group Details

Group name Liontrust Fund Partners LLP
Group address 2 Savoy Court London WC2R 0EZ
Group telephone 020 7412 1766
Dealing telephone 020 7964 4774
Email info@liontrust.co.uk
Homepage www.liontrust.co.uk
Fax number 020 7412 1779

Dealing

Minimum Investment £1000000
Minimum Top Up £500
Minimum Regular Saving £0
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 3

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.