SICAV multi-asset funds

Our multi-asset funds are designed to be complete portfolios for investors across most time horizons and degrees of risk tolerance. We target specific returns above either inflation or the Bank of England’s benchmark interest rate over three to five years. We do this because it aligns with the real goals of most clients. We aim to do this while controlling volatility relative to global stock markets. 

We take a different approach to building portfolios. Unlike many other fund managers, we don’t diversify our portfolios in terms of whether they are stocks, property, government or corporate bonds, or by where investments are listed. Instead, we categorise our holdings according to our LED framework:  

• Liquidity – assets like government bonds that can be sold easily and carry low credit risk, but may be sensitive to changes in interest rates and currencies
• Equity-type risk – stocks and all assets that tend to rise and fall with stock markets during times of stress, this includes much of the corporate bond market
• Diversifiers – assets that behave differently to stock markets during stressed periods 

We do this because we believe it’s the best way to ensure portfolio diversification works when you need it most – during a stock market slump. By holding progressively more Equity-type risk depending on each fund’s risk tolerance, our portfolios can offer greater returns, albeit along with greater risk, or volatility.