L Class GBP also available in EUR accumulation shares Rathbone … · 2019. 1. 21. · Rathbone...
6
Rathbone Unit Trust Management Rathbone Luxembourg Funds SICAV Monthly factsheet 31 December 2018 L Class GBP also available in EUR accumulation shares International information line +44 (0)20 7399 0800 [email protected] Investment objective The Rathbone Multi-Asset Enhanced Growth Portfolio is a feeder fund investing in a UK master fund of the same name. The UK master fund is regulated by the Financial Conduct Authority and qualifies as a master UCITS under the UCITS Directive. The feeder fund’s objective is to invest at least 85% of its assets in the master fund and it may hold up to 15% of its assets in ancillary liquid assets, including cash. The master fund seeks to achieve a long term total return in excess of the Consumer Price Index (CPI) +5% over a minimum five to ten year period, and a risk budget of 100% of the volatility of global equities as measured by the MSCI World Equity index. The income yield will at best be minimal. Fund facts Authorised Corporate Director (Manager) Rathbone Unit Trust Management Limited Depository HSBC Bank PLC, Luxembourg Branch Product type SICAV Date launched Master fund: 01 August 2011 Feeder fund: May 2016 Size of fund † Master fund: £75.84m Share price Daily prices available at rutm.com Historical distribution yield Master fund Acc: 1.45% Total no. of holdings 86 Initial charge 0% Annual management charge (AMC) 0.50% MiFID II charges Ongoing Charges Figure (OCF) 1.11% Transaction costs 0.02% Total MiFID II charges 1.13% The MiFID II charges include the Ongoing Charges Figure (OCF) and transaction costs. PRIIPs compliant^ Minimum investment (initial/additional) Manager's discretion / £500 Reporting status Yes Fund codes ISIN (L Acc GBP): LU1396458397 ISIN (L Acc EUR): LU1396458041 Fund performance and volatility* Data as at 31.12.18 1 year 3 years 5 years Since Launch Rathbone Enhanced Growth Portfolio ‑6.63% 24.58% 40.58% 60.08% UK Consumer Price Index +5% 6.67% 23.00% 36.60% 64.05% Volatility as % of MSCI World Equity Index** 76.09% 85.99% 90.76% 99.14% Discrete annual performance, quarter ending 31 December 2014 2015 2016 2017 2018 Rathbone Enhanced Growth Portfolio 9.23% 3.31% 16.06% 14.97% ‑6.63% UK Consumer Price Index +5% 5.56% 5.21% 6.68% 8.09% 6.67% Risk analysis Max drawdown*** Sharpe ratio*** Volatility*** Turnover*** Rathbone Enhanced Growth Portfolio ‑9.21 0.81 8.74% 59.46% MSCI World Equity Index ‑11.35 1.09 10.16% Performance is a combination of SICAV L‑class accumulation shares and Master fund S‑class accumulation shares (where L‑class is unavailable). Past performance should not be seen as an indication of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. Dealing/valuation Forward daily: 9.00am‑5.00pm CET Valuation point: 1.00pm CET Dealing/valuation: +352 40 46 46 766 Information line: +44 (0)20 7399 0800 Fund performance --------- Rathbone Enhanced Growth Portfolio --------- UK Consumer Price Index +5% 31 December 13 to 31 December 18, mid‑mid, UK basic rate in UK Sterling, percentage change. Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 90 100 110 120 130 140 150 160 Percentage (indexed) Product availability For more information, please see our ‘Strategic Partners’ page on the ‘How to Invest’ section of our website rutm.com Rathbone Multi-Asset Enhanced Growth Portfolio Management David Coombs Fund Manager, Head of Multi-Asset Investments David joined Rathbones in April 2007. He is lead manager of the Rathbone Multi-Asset Portfolios. He has over 30 years of investment industry experience, much of it managing multi-asset portfolios. David is an Associate of the Chartered Institute of Financial Services. Will McIntosh-Whyte Assistant Fund Manager Will supports David in managing the Rathbone Multi-Asset Portfolios. Will is a CFA charterholder and is Chair of the Rathbones Fixed Income Funds Committee. He has been with the business since April 2007, having graduated from the University of Manchester Institute of Science and Technology (UMIST). Master fund ratings Manager ratings DAVID COOMBS 7 Powered by Defaqto Engage RISK MAPPING HIGH RISK DEFAQTO 8 Adventurous 5 RISK RATING SYNAPTI C
Transcript of L Class GBP also available in EUR accumulation shares Rathbone … · 2019. 1. 21. · Rathbone...
Rathbone Unit Trust Management Rathbone Luxembourg Funds SICAVMonthly factsheet 31 December 2018
L Class GBP also available in EUR accumulation shares
International information line +44 (0)20 7399 0800 [email protected]
Investment objectiveThe Rathbone Multi-Asset Enhanced Growth Portfolio is a feeder fund investing in a UK master fund of the same name. The UK master fund is regulated by the Financial Conduct Authority and qualifies as a master UCITS under the UCITS Directive. The feeder fund’s objective is to invest at least 85% of its assets in the master fund and it may hold up to 15% of its assets in ancillary liquid assets, including cash.The master fund seeks to achieve a long term total return in excess of the Consumer Price Index (CPI) +5% over a minimum five to ten year period, and a risk budget of 100% of the volatility of global equities as measured by the MSCI World Equity index. The income yield will at best be minimal.
Fund factsAuthorised Corporate Director (Manager) Rathbone Unit Trust Management LimitedDepository HSBC Bank PLC, Luxembourg BranchProduct type SICAVDate launched Master fund: 01 August 2011 Feeder fund: May 2016Size of fund† Master fund: £75.84mShare price Daily prices available at rutm.comHistorical distribution yield Master fund Acc: 1.45%Total no. of holdings 86Initial charge 0%Annual management charge (AMC) 0.50%MiFID II charges Ongoing Charges Figure (OCF) 1.11% Transaction costs 0.02% Total MiFID II charges 1.13%The MiFID II charges include the Ongoing Charges Figure (OCF) and transaction costs. PRIIPs compliant^Minimum investment (initial/additional) Manager's discretion / £500Reporting status YesFund codes ISIN (L Acc GBP): LU1396458397 ISIN (L Acc EUR): LU1396458041
Fund performance and volatility*Data as at 31.12.18 1 year 3 years 5 years Since LaunchRathbone Enhanced Growth Portfolio ‑6.63% 24.58% 40.58% 60.08%UK Consumer Price Index +5% 6.67% 23.00% 36.60% 64.05%Volatility as % of MSCI World Equity Index** 76.09% 85.99% 90.76% 99.14%Discrete annual performance, quarter ending 31 December 2014 2015 2016 2017 2018Rathbone Enhanced Growth Portfolio 9.23% 3.31% 16.06% 14.97% ‑6.63%UK Consumer Price Index +5% 5.56% 5.21% 6.68% 8.09% 6.67%Risk analysis Max drawdown*** Sharpe ratio*** Volatility*** Turnover***Rathbone Enhanced Growth Portfolio ‑9.21 0.81 8.74% 59.46%MSCI World Equity Index ‑11.35 1.09 10.16%Performance is a combination of SICAV L‑class accumulation shares and Master fund S‑class accumulation shares (where L‑class is unavailable). Past performance should not be seen as an indication of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment.
Dealing/valuationForward daily: 9.00am‑5.00pm CETValuation point: 1.00pm CETDealing/valuation: +352 40 46 46 766Information line: +44 (0)20 7399 0800
Fund performance
--------- Rathbone Enhanced Growth Portfolio
--------- UK Consumer Price Index +5%
31 December 13 to 31 December 18, mid‑mid, UK basic rate in UK Sterling, percentage change.
Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 201890
100
110
120
130
140
150
160
Perce
ntag
e (ind
exed
)
Product availabilityFor more information, please see our ‘Strategic Partners’ page on the ‘How to Invest’ section of our website rutm.com
Rathbone Multi-Asset Enhanced Growth Portfolio
Management
David CoombsFund Manager, Head of Multi-Asset Investments
David joined Rathbones in April 2007. He is lead manager of the Rathbone Multi-Asset Portfolios. He has over 30 years of investment industry experience, much of it managing multi-asset portfolios. David is an Associate of the Chartered Institute of Financial Services.
Will McIntosh-WhyteAssistant Fund Manager
Will supports David in managing the Rathbone Multi-Asset Portfolios. Will is a CFA charterholder and is Chair of the Rathbones Fixed Income Funds Committee. He has been with the business since April 2007, having graduated from the University of Manchester Institute of Science and Technology (UMIST).
Master fund ratings
Manager ratings
DAVID COOMBS7
Powered by Defaqto Engage
RISK MAPPINGHIGH RISK
DEFAQTO
8
Adventurous
5RISK RATINGSYNAPTI C
14/01/19 v1
Rathbone Unit Trust Management Limited8 Finsbury Circus, London EC2M 7AZTel +44 (0)20 7399 0000Fax +44 (0)20 7399 0057
International information line+44 (0)20 7399 [email protected]
Feeder fund authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in LuxembourgMaster fund authorised and regulated by the Financial Conduct Authority in the United KingdomA member of the Rathbone Group and a member of the Investment Association (IA)Rathbone Unit Trust Management Limited is a limited company registered in England and Wales, number 02376568, whose registered office is at 8 Finsbury Circus, London EC2M 7AZ
LiquidityCurrently 4.43% of total fund (range 0%‑10%)
l Cash and equivalents: 4.43%
You should knowImportant informationCopies of the Prospectus, the Key Investor Information Document (KIID), the Supplementary Information Document (SID), and application forms may be obtained, free of charge, from Rathbone Unit Trust Management Limited.If you have doubts about your tax position, or the suitability of this investment, you should seek professional advice.The Manager’s annual fee is deducted from fund’s income.
Information notesCET ‑ Central European Time†Mid market value^The OCF includes the charges for the underlying funds held in the product. From April 2018, the Ongoing Charges Figure has been calculated according to PRIIPs regulations, which came into effect on 1 January 2018. Holdings are based on six monthly audited accounts. Changes to fund holdings within this period may result in higher or lower ongoing charges.**(Targeting <100%).Source performance data Financial Express, mid to mid, net income re‑invested. This is net of expenses and tax. Data using prices as at 31.12.2018. CPI index data as at 31.12.2018, reported on 04.01.19. L‑Class shares were launched in May 2016. *Performance is a combination of SICAV L‑Class accumulation units and Master fund S‑Class accumulation units (where L‑Class was unavailable). The volatility as a percentage of the MSCI World Index figures are calculated using monthly data. ***Volatility, Sharpe Ratio and Maximum Drawdown given on a 3 year rolling basis. Sharpe Ratio calculated using Risk Free Rate of 0.53 (based on 3 month LIBOR). Turnover is calculated on a 1 year rolling basis.
Rathbone Unit Trust Management has achieved a Bronze Rating in the Equity — Global Equities sector by Citywire for their rolling risk‑adjusted performance, across all management teams in the sector, over the period 30.12.2011‑31.12.2018.The ‘Scopic Multi‑Manager Portfolio Rating’ shown was awarded following extensive due diligence and face to face manager questioning. It was arrived at by combining the ratings awarded for the individual research topics (summarised in the report, available at rutm.com) and weighting them according to a formula. All ratings are qualitative based.Dynamic Planner® is a registered trademark of Distribution Technology.Ratings: various sources. Fund ratings have been awarded to the master fund.
Equity riskCurrently 89.77% of total fund (range 70%‑100%)
l Equities (Overseas developed): 49.29%
l Equities (UK): 20.79%l Equities (Asia/emerging
markets): 10.79%l Emerging market debt:
5.30%l Private equity: 1.85%l Corporate bonds (high
yield): 1.75%
DiversifiersCurrently 5.80% of total fund (range 0%‑20%)
l Commodities: 3.69%l Portfolio protection:
1.64%l Actively managed
strategies: 0.47%
Asset class split (master fund)
l Equities: 80.87%l Emerging market debt:
5.30%l Cash and equivalents:
4.43%l Commodities: 3.69%l Alternative investment
strategies: 2.11%l Private equity: 1.85%l Corporate bonds: 1.75%
Data as at 31.12.18
Top holdings %
Cash 4.43
Top direct holdings %
Roche 1.20Rentokil 1.19Unilever 1.15DCC 1.14Alphabet 1.14ASML 1.11Amgen 1.10Legal & General 1.08Sampo 1.07First Republic Bank 1.07
Top holdings %
iShares Physical Gold ETC 1.72RBC S&P 500 Put 1.64L&G All Commodities UCITS ETF 1.00Invesco Commodity Composite UCITS 0.97CATCo Reinsurance Opportunities Fund 0.47
Asset class split (master fund)
Rathbone Unit Trust Management Rathbone Luxembourg Funds SICAVMonthly factsheet 31 December 2018
L0 Class GBP accumulation sharesInternational information line +44 (0)20 7399 0800 [email protected]
Investment objectiveThe Rathbone Multi-Asset Enhanced Growth Portfolio is a feeder fund investing in a UK master fund of the same name. The UK master fund is regulated by the Financial Conduct Authority and qualifies as a master UCITS under the UCITS Directive. The feeder fund’s objective is to invest at least 85% of its assets in the master fund and it may hold up to 15% of its assets in ancillary liquid assets, including cash.The master fund seeks to achieve a long term total return in excess of the Consumer Price Index (CPI) +5% over a minimum five to ten year period, and a risk budget of 100% of the volatility of global equities as measured by the MSCI World Equity index. The income yield will at best be minimal.
Fund factsAuthorised Corporate Director (Manager) Rathbone Unit Trust Management LimitedDepository HSBC Bank PLC, Luxembourg BranchProduct type SICAVDate launched Master fund: 01 August 2011 Feeder fund: May 2016Size of fund† Master fund: £75.84mShare price Daily prices available at rutm.comHistorical distribution yield Master fund Acc: 1.45%Total no. of holdings 86Initial charge 0%Annual management charge (AMC) 1.50%MiFID II charges Ongoing Charges Figure (OCF) 2.12% Transaction costs 0.02% Total MiFID II charges 2.14%The MiFID II charges include the Ongoing Charges Figure (OCF) and transaction costs. PRIIPs compliant^Minimum investment (initial/additional) Manager's discretion / £500Reporting status YesFund codes ISIN (L0 Acc GBP): LU1396458470
Fund performance and volatility*Data as at 31.12.18 1 year 3 years 5 years Since LaunchRathbone Enhanced Growth Portfolio ‑7.57% 15.11% 27.29% 43.10%UK Consumer Price Index +5% 6.67% 23.00% 36.60% 64.05%Volatility as % of MSCI World Equity Index** 75.98% 82.92% 88.90% 98.04%Discrete annual performance, quarter ending 31 December 2014 2015 2016 2017 2018Rathbone Enhanced Growth Portfolio 8.12% 2.28% 9.55% 13.68% ‑7.57%UK Consumer Price Index +5% 5.56% 5.21% 6.68% 8.09% 6.67%Risk analysis Max drawdown*** Sharpe ratio*** Volatility*** Turnover***Rathbone Enhanced Growth Portfolio ‑9.51 0.51 8.43% 59.46%MSCI World Equity Index ‑11.35 1.09 10.16%Performance is a combination of SICAV L0‑class accumulation shares and Master fund S‑class accumulation shares (where L0‑class is unavailable). Past performance should not be seen as an indication of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment.
Dealing/valuationForward daily: 9.00am‑5.00pm CETValuation point: 1.00pm CETDealing/valuation: +352 40 46 46 766Information line: +44 (0)20 7399 0800
Fund performance
--------- Rathbone Enhanced Growth Portfolio
--------- UK Consumer Price Index +5%
31 December 13 to 31 December 18, mid‑mid, UK basic rate in UK Sterling, percentage change.
Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 201890
100
110
120
130
140
150
Perce
ntag
e (ind
exed
)
Product availabilityFor more information, please see our ‘Strategic Partners’ page on the ‘How to Invest’ section of our website rutm.com
Rathbone Multi-Asset Enhanced Growth Portfolio
Management
David CoombsFund Manager, Head of Multi-Asset Investments
David joined Rathbones in April 2007. He is lead manager of the Rathbone Multi-Asset Portfolios. He has over 30 years of investment industry experience, much of it managing multi-asset portfolios. David is an Associate of the Chartered Institute of Financial Services.
Will McIntosh-WhyteAssistant Fund Manager
Will supports David in managing the Rathbone Multi-Asset Portfolios. Will is a CFA charterholder and is Chair of the Rathbones Fixed Income Funds Committee. He has been with the business since April 2007, having graduated from the University of Manchester Institute of Science and Technology (UMIST).
Master fund ratings
Manager ratings
DAVID COOMBS7
Powered by Defaqto Engage
RISK MAPPINGHIGH RISK
DEFAQTO
8
Adventurous
5RISK RATINGSYNAPTI C
14/01/19 v1
Rathbone Unit Trust Management Limited8 Finsbury Circus, London EC2M 7AZTel +44 (0)20 7399 0000Fax +44 (0)20 7399 0057
International information line+44 (0)20 7399 [email protected]
Feeder fund authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in LuxembourgMaster fund authorised and regulated by the Financial Conduct Authority in the United KingdomA member of the Rathbone Group and a member of the Investment Association (IA)Rathbone Unit Trust Management Limited is a limited company registered in England and Wales, number 02376568, whose registered office is at 8 Finsbury Circus, London EC2M 7AZ
LiquidityCurrently 4.43% of total fund (range 0%‑10%)
l Cash and equivalents: 4.43%
You should knowImportant informationCopies of the Prospectus, the Key Investor Information Document (KIID), the Supplementary Information Document (SID), and application forms may be obtained, free of charge, from Rathbone Unit Trust Management Limited.If you have doubts about your tax position, or the suitability of this investment, you should seek professional advice.The Manager’s annual fee is deducted from fund’s income.
Information notesCET ‑ Central European Time†Mid market value^The OCF includes the charges for the underlying funds held in the product. From April 2018, the Ongoing Charges Figure has been calculated according to PRIIPs regulations, which came into effect on 1 January 2018. Holdings are based on six monthly audited accounts. Changes to fund holdings within this period may result in higher or lower ongoing charges.**(Targeting <100%).Source performance data Financial Express, mid to mid, net income re‑invested. This is net of expenses and tax. Data using prices as at 31.12.2018. CPI index data as at 31.12.2018, reported on 04.01.19. L0‑Class shares were launched in May 2016. *Performance is a combination of SICAV L0‑Class accumulation units and Master fund S‑Class accumulation units (where L0‑Class was unavailable). The volatility as a percentage of the MSCI World Index figures are calculated using monthly data. ***Volatility, Sharpe Ratio and Maximum Drawdown given on a 3 year rolling basis. Sharpe Ratio calculated using Risk Free Rate of 0.53 (based on 3 month LIBOR). Turnover is calculated on a 1 year rolling basis.
Rathbone Unit Trust Management has achieved a Bronze Rating in the Equity — Global Equities sector by Citywire for their rolling risk‑adjusted performance, across all management teams in the sector, over the period 30.12.2011‑31.12.2018.The ‘Scopic Multi‑Manager Portfolio Rating’ shown was awarded following extensive due diligence and face to face manager questioning. It was arrived at by combining the ratings awarded for the individual research topics (summarised in the report, available at rutm.com) and weighting them according to a formula. All ratings are qualitative based.Dynamic Planner® is a registered trademark of Distribution Technology.Ratings: various sources. Fund ratings have been awarded to the master fund.
Equity riskCurrently 89.77% of total fund (range 70%‑100%)
l Equities (Overseas developed): 49.29%
l Equities (UK): 20.79%l Equities (Asia/emerging
markets): 10.79%l Emerging market debt:
5.30%l Private equity: 1.85%l Corporate bonds (high
yield): 1.75%
DiversifiersCurrently 5.80% of total fund (range 0%‑20%)
l Commodities: 3.69%l Portfolio protection:
1.64%l Actively managed
strategies: 0.47%
Asset class split (master fund)
l Equities: 80.87%l Emerging market debt:
5.30%l Cash and equivalents:
4.43%l Commodities: 3.69%l Alternative investment
strategies: 2.11%l Private equity: 1.85%l Corporate bonds: 1.75%
Data as at 31.12.18
Top holdings %
Cash 4.43
Top direct holdings %
Roche 1.20Rentokil 1.19Unilever 1.15DCC 1.14Alphabet 1.14ASML 1.11Amgen 1.10Legal & General 1.08Sampo 1.07First Republic Bank 1.07
Top holdings %
iShares Physical Gold ETC 1.72RBC S&P 500 Put 1.64L&G All Commodities UCITS ETF 1.00Invesco Commodity Composite UCITS 0.97CATCo Reinsurance Opportunities Fund 0.47
Asset class split (master fund)
Rathbone Unit Trust Management Rathbone Luxembourg Funds SICAVMonthly factsheet 31 December 2018
P0 Class EUR also available in CHF accumulation shares
International information line +44 (0)20 7399 0800 [email protected]
Investment objectiveThe Rathbone Multi-Asset Enhanced Growth Portfolio is a feeder fund investing in a UK master fund of the same name. The UK master fund is regulated by the Financial Conduct Authority and qualifies as a master UCITS under the UCITS Directive. The feeder fund’s objective is to invest at least 85% of its assets in the master fund and it may hold up to 15% of its assets in ancillary liquid assets, including cash.The master fund seeks to achieve a long term total return in excess of the Consumer Price Index (CPI) +5% over a minimum five to ten year period, and a risk budget of 100% of the volatility of global equities as measured by the MSCI World Equity index. The income yield will at best be minimal.
Fund factsAuthorised Corporate Director (Manager) Rathbone Unit Trust Management LimitedDepository HSBC Bank PLC, Luxembourg BranchProduct type SICAVDate launched Master fund: 01 August 2011 Share class: 01 July 2016Size of fund† Master fund: £75.84mShare price Daily prices available at rutm.comHistorical distribution yield Master fund Acc: 1.45%Total no. of holdings 86Initial charge 0%Annual management charge (AMC) 1.50%MiFID II charges Ongoing Charges Figure (OCF) 2.21% Transaction costs 0.02% Total MiFID II charges 2.23%The MiFID II charges include the Ongoing Charges Figure (OCF) and transaction costs. PRIIPs compliant^Minimum investment (initial/additional) Manager's discretion / €1,000Reporting status YesFund codes ISIN (P0 Acc EUR): LU1396458124 ISIN (P0 Acc CHF): LU1778938206
Fund performance and volatility*Data as at 31.12.18 1 year Since LaunchRathbone Enhanced Growth Portfolio ‑8.82% 9.74%UK Consumer Price Index +5% 6.67% 19.68%Volatility as % of MSCI World Equity Index** 76.04% 76.33%Discrete annual performance, quarter ending 31 December 2014 2015 2016 2017 2018Rathbone Enhanced Growth Portfolio ‑ ‑ ‑ 12.45% ‑8.82%UK Consumer Price Index +5% ‑ ‑ ‑ 8.09% 6.67% Turnover***Rathbone Enhanced Growth Portfolio 59.46%Performance is shown for SICAV P0‑class accumulation shares, which were launched on 1 July 2016, total return net income reinvested. Past performance should not be seen as an indication of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. Fund performance in EUR, Benchmark in GBP.
Dealing/valuationForward daily: 9.00am‑5.00pm CETValuation point: 1.00pm CETDealing/valuation: +352 40 46 46 766Information line: +44 (0)20 7399 0800
Fund performance
--------- Rathbone Enhanced Growth Portfolio
--------- UK Consumer Price Index +5%
01 July 16 to 31 December 18, mid‑mid, UK basic rate, percentage change. Fund performance in EUR, Benchmark in GBP.
Dec 2016 Jun 2017 Dec 2017 Jun 2018 Dec 2018100
110
120
130
Perce
ntag
e (ind
exed
)
Product availabilityFor more information, please see our ‘Strategic Partners’ page on the ‘How to Invest’ section of our website rutm.com
Rathbone Multi-Asset Enhanced Growth Portfolio
Management
David CoombsFund Manager, Head of Multi-Asset Investments
David joined Rathbones in April 2007. He is lead manager of the Rathbone Multi-Asset Portfolios. He has over 30 years of investment industry experience, much of it managing multi-asset portfolios. David is an Associate of the Chartered Institute of Financial Services.
Will McIntosh-WhyteAssistant Fund Manager
Will supports David in managing the Rathbone Multi-Asset Portfolios. Will is a CFA charterholder and is Chair of the Rathbones Fixed Income Funds Committee. He has been with the business since April 2007, having graduated from the University of Manchester Institute of Science and Technology (UMIST).
Master fund ratings
Manager ratings
DAVID COOMBS7
Powered by Defaqto Engage
RISK MAPPINGHIGH RISK
DEFAQTO
8
Adventurous
5RISK RATINGSYNAPTI C
14/01/19 v1
Rathbone Unit Trust Management Limited8 Finsbury Circus, London EC2M 7AZTel +44 (0)20 7399 0000Fax +44 (0)20 7399 0057
International information line+44 (0)20 7399 [email protected]
Feeder fund authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in LuxembourgMaster fund authorised and regulated by the Financial Conduct Authority in the United KingdomA member of the Rathbone Group and a member of the Investment Association (IA)Rathbone Unit Trust Management Limited is a limited company registered in England and Wales, number 02376568, whose registered office is at 8 Finsbury Circus, London EC2M 7AZ
LiquidityCurrently 4.43% of total fund (range 0%‑10%)
l Cash and equivalents: 4.43%
You should knowImportant informationCopies of the Prospectus, the Key Investor Information Document (KIID), the Supplementary Information Document (SID), and application forms may be obtained, free of charge, from Rathbone Unit Trust Management Limited.If you have doubts about your tax position, or the suitability of this investment, you should seek professional advice.The Manager’s annual fee is deducted from fund’s income.
Information notesCET ‑ Central European Time†Mid market value^The OCF includes the charges for the underlying funds held in the product. From April 2018, the Ongoing Charges Figure has been calculated according to PRIIPs regulations, which came into effect on 1 January 2018. Holdings are based on six monthly audited accounts. Changes to fund holdings within this period may result in higher or lower ongoing charges.**(Targeting <100%).Source performance data Financial Express, mid to mid, net income re‑invested. This is net of expenses and tax. Data using prices as at 31.12.2018. CPI index data as at 31.12.2018, reported on 04.01.19. P0‑Class shares were launched on 1 July 2016. *Performance is shown for SICAV P0‑Class accumulation units. The volatility as a percentage of the MSCI World Index figures are calculated using monthly data. ***Turnover is calculated on a 1 year rolling basis.
On 22 May 2017 the shareclass L3 EUR on the Rathbone Multi‑Asset Enhanced Growth Portfolio changed to P0 EUR Rathbone Unit Trust Management has achieved a Bronze Rating in the Equity — Global Equities sector by Citywire for their rolling risk‑adjusted performance, across all management teams in the sector, over the period 30.12.2011‑31.12.2018.The ‘Scopic Multi‑Manager Portfolio Rating’ shown was awarded following extensive due diligence and face to face manager questioning. It was arrived at by combining the ratings awarded for the individual research topics (summarised in the report, available at rutm.com) and weighting them according to a formula. All ratings are qualitative based.Dynamic Planner® is a registered trademark of Distribution Technology.Ratings: various sources. Fund ratings have been awarded to the master fund.
Equity riskCurrently 89.77% of total fund (range 70%‑100%)
l Equities (Overseas developed): 49.29%
l Equities (UK): 20.79%l Equities (Asia/emerging
markets): 10.79%l Emerging market debt:
5.30%l Private equity: 1.85%l Corporate bonds (high
yield): 1.75%
DiversifiersCurrently 5.80% of total fund (range 0%‑20%)
l Commodities: 3.69%l Portfolio protection:
1.64%l Actively managed
strategies: 0.47%
Asset class split (master fund)
l Equities: 80.87%l Emerging market debt:
5.30%l Cash and equivalents:
4.43%l Commodities: 3.69%l Alternative investment
strategies: 2.11%l Private equity: 1.85%l Corporate bonds: 1.75%
Data as at 31.12.18
Top holdings %
Cash 4.43
Top direct holdings %
Roche 1.20Rentokil 1.19Unilever 1.15DCC 1.14Alphabet 1.14ASML 1.11Amgen 1.10Legal & General 1.08Sampo 1.07First Republic Bank 1.07
Top holdings %
iShares Physical Gold ETC 1.72RBC S&P 500 Put 1.64L&G All Commodities UCITS ETF 1.00Invesco Commodity Composite UCITS 0.97CATCo Reinsurance Opportunities Fund 0.47
Asset class split (master fund)
