Rathbone Multi-Asset Strategic Income GBP Acc

Ranked 16 out of 55 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

David Coombs

David Coombs is the Head of Multi-Asset Investments at Rathbones Unit Trust Management, having joined the company in 2007. In this role, Coombs is responsible for a number of mixed asset funds, which he manages with a bottom-up and top-down investment style. Coombs adopts a forward-looking style to asset allocation, with a ‘go anywhere’ approach to asset selection. Coombs joined Rathbones from Baring Asset Management, where he spent 20 years in a number of positions. Outside of work, he enjoys rugby, music, cricket and history.


The objective of the fund is to generate a long term total return of CPI+3-5% over a minimum five year period subject to a targeted annual minimum yield of 3%. The fund has a targeted risk budget of 2/3rds of the volatility of the MSCIWorld Index over a rolling three year period. Under normal circumstances, the fund invests in shares from the UK and elsewhere, and in other securities, including bonds, money market instruments, structured products, deposits, warrants and collective investment schemes. Because the fund is a Non-UCITs Retail Scheme (NURS), it has greater flexibility in its choice of investment types than if it were a UCITS. The fund may use investment techniques and derivatives for efficient portfolio management (including hedging).

Showing fund performance in United Kingdom View performance globally


Absolute Return GBP over : 31/05/2018 - 31/05/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 5.5%
2018 -3.6% -3.3% 3.5% 0.6% -4.3%
2017 7.2% 3.5% 1.0% 0.2% 2.4%
2016 12.2% 1.2% 2.8% 5.5% 2.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
United Kingdom 8.000% 07-Jun-2021 6.32%
Baillie Gifford Japanese Inc Growth Y Inc 4.03%
M&G Global Macro Bond J GBP Inc 3.97%
Credit Suisse Group AG/FTSE S&P Warrant 3.70%
Schroder Asian Income Maximiser Z Inc 3.27%
iShares Core FTSE 100 UCITS ETF (Dist) 3.04%
iShares Physical Gold ETC 2.13%
Australia, Commonwealth of (Government) 5.500% 21-Apr-2023 1.82%
JPmorgan Globl Emerging Inc Trust PLC ORD 1.82%
SPDR S&P 500 UCiTS ETF 1.75%

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/10/2015
  • Share Class size04Mn
  • Base currencyGBP
  • ISIN GB00BY9BT482

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment100


  • Annual management0.50%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).