7IM AAP Adventurous C

Adventurous fund of funds looking to track performance of selected indices, market sectors and asset classes.

  • 181.26p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 216.22p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 4.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.63%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.50%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 27 January 2022, we don’t currently provide commentary on this fund.

Fund summary

Sector Flexible Investment
Structure OEIC
Launched March, 2008
Size £207m
Yield 0.50%
Charging basis Income
Dividends paid 31 Jan, 31 Jul

Charges

Standard initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.50%
Ongoing charges figure 0.63%

Allocation

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Investment process

The fund is mainly invested in equities and bonds by applying active allocation techniques to mostly passive investment strategies. Passive strategies involve tracking performance of particular indices, market sectors and asset classes. The fund may also invest in property, commodities and private equity through holdings in investment trusts, property funds or holdings in other intermediary vehicles. There is a risk of wide fluctuations in capital values.

Manager research

Average monthly relative returns

  • 17/18 -0.12%
  • 18/19 -0.19%
  • 19/20 -0.24%
  • 20/21 0.80%
  • 21/22 -0.06%

Bestinvest MRI

  • 3 years 0.17%
  • 5 years 0.04%
  • Career -0.07%
  • 3 years 88.50%
  • 5 years 79.40%
  • Career 68.40%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

7im - Investment Team

Track record

7im - Investment Team has 14.7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.07%. During the worst period of relative performance (from April 2007 - September 2019) there was a decline of 22% relative to the index. The worst absolute loss has been 19%.

Periods of worst performance

Absolute -19.00% (May 2007 - February 2009)
Relative -22.00% (April 2007 - September 2019)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Top 10 holdings

Data accurate as at 31 December 2021

4.99% Ninety One Global Environment K
4.99% Berkshire Hathaway Inc
4.92% Xtrackers (Ie) Public Limited Company X Msci World Value
4.89% Ishares Iv Plc Msci Edge World Size Fctr Ucits Usd Acc
3.19% Bnp Paribas Arbitrage Issuance Bv 0% Mtn 08/07/24 Usd500000
3.07% Bcif Glob Prop Sec Equ Track D Acc
2.93% Blackrock Sf Global Event Driven I5 Hedged Gbp
2.63% Ubs (Lux) Bond Sicav
2.36% Gs Leveraged Us Equity Put Selling Strategy
1.91% Lloyds Bank Plc Fltg Rt Cvd Bds 16/05/25 2019-3
Source: Trustnet

Key Investor Information - Income

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Key Investor Information - Accumulation

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