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Rathbone Multi Asset Total Return Inc

Ranked 22 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.


The fund seeks to achieve an increasing income and capital return through investment in a mix of assets to the extent that each is permitted by the FSA regulations. The fund targets a return equal to 2% above Sterling [six month] London Interbank Offered Rate (LIBOR) over a minimum 3 year period and a volatility rate equal to one third or below that of equity markets as measured by the MSCI World Equity index.

Showing fund performance in United Kingdom View performance globally


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

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -2.6% -2.1% 2.0% 0.1% -2.6%
2017 2.4% 1.3% 0.3% -0.5% 1.3%
2016 5.0% 0.9% 1.0% 2.9% 0.2%
2015 2.6% 3.2% -1.8% -0.6% 1.9%
2014 5.2% 0.8% 1.1% 1.2% 2.0%
2013 5.1% 5.0% -1.6% 0.5% 1.3%
2012 5.3% 2.1% 0.1% 1.9% 1.1%
2011 1.3% 0.2% 1.4% -2.4% 2.2%
2010 6.9% 2.7% -2.0% 3.4% 2.8%
2009 12.7% 3.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
GBP Cash 5.89%
United Kingdom 0.500% 22-Jul-2022 4.98%
Australia, Commonwealth of (Government) 5.500% 21-Apr-2023 4.39%
iShares Physical Gold ETC 4.05%
United Kingdom 1.750% 22-Jul-2019 3.37%
United Kingdom 0.000% 25-Feb-2019 3.36%
United Kingdom 0.000% 18-Mar-2019 3.35%
United Kingdom 0.000% 15-Apr-2019 3.35%
United Kingdom 0.750% 22-Jul-2023 3.00%
United Kingdom 0.125% 22-Mar-2024 2.82%

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date08/06/2009
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN GB00B543NZ55

Purchase Info

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


  • Annual management1.50%
  • Initial investment0.00%

Related News

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Rathbones joins Brexodus with Luxembourg fund launch

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Coombs: 'blunt tool' passive beta no use for risks ahead

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Rathbones launches managed portfolio service

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Rathbones launches four funds into Europe

The Luxembourg-domiciled range will give European investors access to Rathbones UK fund range for the first time.

Rathbones’ Coombs: what to avoid for next three years

In the current environment, avoiding the big losers will be the key determinant of performance over the next three years, according Rathbones multi-asset head.

Rathbones' Coombs: 'If Dobell had a trust, we would buy tomorrow'

David Coombs has called on star managers to resist distribution pressures placed on them, citing M&G Recovery's Dobell as one example.

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