Rathbone Core Investment Fund
The fund's objective is to achieve long term capital growth and a level of income while employing a total return approach. The fund's management fees are exempt from VAT.
Client suitability: investors should be medium risk charities, seeking to achieve long-term returns generated from a mixture of capital growth and income, with lower levels of volatility than equity markets. This means that they should be able to commit money to these investments for a minimum of five years, or longer if necessary.
Ethical investment policy: the fund will not invest directly in companies manufacturing tobacco or tobacco products, or companies that derive more than 10% of their revenues from the manufacture of alcoholic beverages, armaments, gambling, high interest rate lending or pornography.
Date launched: 3 October 2016
James Ayre
Head of investments, Charities
Rob Lapsley
Portfolio Manager, Charities
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Rathbone Active Income and Growth Fund
The fund’s objective is to achieve a total return of between 3% and 4% above the Consumer Price Index (CPI) over a rolling five-year period. The fund has a targeted risk budget of two-thirds of the volatility of global equities as measured by the MSCI World Equity index. In short the fund seeks to achieve equity-like returns with less than equity risk, together with a sustainable income yield. The fund’s management fees are exempt from VAT.
Client suitability: investors should be medium risk charities, seeking to achieve long-term returns generated from a mixture of capital growth and income, with lower levels of volatility than equity markets. If equities go down, investors might expect drawdowns typically of as much as two-thirds of equity market falls or possibly more in extreme market events. This means that they should be able to commit money to these investments for a minimum of three years, or longer if necessary.
Ethical investment policy: the fund is subject to certain ethical investment constraints and will aim not to have any direct exposure to companies that generate more than 20% of their turnover from tobacco, gambling, high interest rate lending or pornography.
Date launched: 9 July 2012
James Ayre
Head of investments, Charities
Rob Lapsley
Portfolio Manager, Charities
