Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

First State Diversified Growth B GBP Acc

Ranked 392 out of 395 in - Balanced GBP over 12 months
All calculations are in GBP unless stated

Managed by

Andrew Harman

Andrew Harman, CFA, works at First State Investments and is lead manager of the flagship Diversified Growth Fund for the UK market and responsible for multi-asset portfolios globally. Andrew joined First State Investments in January 2008 and is based in London. Apart from his portfolio management responsibilities he is also involved in research and market analysis. Andrew holds a Bachelor of Business (Banking and Finance) from Queensland University of Technology and a Graduate Certificate in Mathematics from the University of Technology, Sydney.

Objective

The Fund aims to protect against UK inflation and provide growth by achieving a positive return of 4% in excess of the UK Retail Prices Index over a rolling 5 year period. By investing in the Fund, capital is at risk.The Fund will adopt a total return approach and invest in a broad range of traditional and alternative asset classes globally which may include but are not limited to inflation linked bonds, developed and emerging market equities, developed and emerging market debt, and exchange traded funds. In order to gain exposure to these asset classes the Fund may invest in transferable securities, money market instruments, collective investment schemes, derivatives and deposits.

Showing fund performance in United Kingdom View performance globally

Performance

Balanced GBP over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 5.6%
2018 -10.2% -0.7% -2.8% -4.8% -2.3%
2017 6.5% 4.3% 1.5% -0.6% 1.2%
2016 14.2% 4.2% 2.9% 4.5% 2.0%
2015 -4.2% 0.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2019

Top 10 Holdings

Stock Size
FOAT JUN9 8.50%
iShares $ High Yield Corporate Bd UCITS ETF 8.45%
10YJGB JUN9 8.06%
BTP 6% JUN9 7.61%
United Kingdom 2.000% 22-Jul-2020 6.78%
DAX INDEX JUN9 5.65%
United Kingdom 0.000% 23-Apr-2019 4.93%
United Kingdom 1.750% 22-Jul-2019 4.58%
TOPIX JUN9 4.19%
United Kingdom 3.750% 07-Sep-2019 3.85%
31/03/2019

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date23/06/2015
  • Share Class size06Mn
  • Base currencyGBP
  • ISIN GB00BVXC2S15

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0.65%

Related News

The best absolute return fund you are not yet invested in

First State’s Diversified Growth fund is the new kid on an increasingly crowded block, but it may stand out from the pack.

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