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

Rathbone Multi-Asset Strategic Income GBP Acc

Ranked 14 out of 57 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.

Objective

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

Performance

Absolute Return GBP over : 28/02/2018 - 28/02/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
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

Breakdown

31/01/2019

Top 10 Holdings

Stock Size
GBP Cash 6.80%
United Kingdom 8.000% 07-Jun-2021 6.29%
Credit Suisse Group AG/FTSE S&P Warrant 4.05%
M&G Global Macro Bond J GBP Inc 3.86%
Baillie Gifford Japanese Inc Growth Y Inc 3.71%
Schroder Asian Income Maximiser Z Inc 2.97%
Australia, Commonwealth of (Government) 5.500% 21-Apr-2023 2.06%
JPmorgan Globl Emerging Inc Trust PLC ORD 2.01%
ETFS GBP Daily Hedged Physical Gold 1.97%
iShares Core FTSE 100 UCITS ETF (Dist) 1.86%
31/01/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/10/2015
  • Share Class size02Mn
  • Base currencyGBP
  • ISIN GB00BY9BT482

Purchase Info

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

Charges

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

Related News

Rathbones launches managed portfolio service

Rathbones is launching a managed portfolio service for clients of financial advisers, investing in multi-asset funds run by AAA-rated David Coombs.

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