ASI Global Advantage P1

Invests in a diversified low risk portfolio of equities and bonds.

  • 98.62p
    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.

  • 113.30p
    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?

  • 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).

  • 0.66%
    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.

  • 0.90%
    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 30 July 2021

Fund summary

Sector Mixed Investment 40-85% Shares
Structure OEIC
Launched May, 2012
Size £603m
Yield 0.90%
Charging basis
Dividends paid 30 Apr, 31 Oct

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.50%
Ongoing charges figure 0.66%

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Investment process

The objective of the Fund is to provide capital appreciation. It is intended that income will not be a prime consideration. The Fund invests in a diversified portfolio of international equities and fixed interest stocks. A substantial part of the portfolio will normally be held in UK Equities.

Manager research

Average monthly relative returns

  • 16/17 -0.16%
  • 17/18 -0.32%
  • 18/19 -15.78%
  • 19/20 0.13%
  • 20/21 0.49%

Bestinvest MRI

  • 3 years -5.05%
  • 5 years -3.13%
  • Career -0.80%
  • 3 years 10.00%
  • 5 years 9.70%
  • Career 18.10%

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

Standard Life Multi Asset Team

Guy Stern is responsible for day to day running of multi-asset portfolios and heads the investment teams covering both absolute return and liability driven investment mandates. There are three core areas covered by the team: Multi-Asset Portfolio Managers also headed by Guy Stern; Strategic and economic analysis headed by Andrew Milligan; and Risk monitoring and control headed by Brian Fleming. The Multi-Asset Investing Team of 31 professionals also uses the expertise of all the asset desks across Standard Life Investments, including the Treasury Banking, Equity and the Fixed Income Teams.

Track record

Standard Life Multi Asset Team has 14.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.8%. During the worst period of relative performance (from January 2016 - April 2019) there was a decline of 100% relative to the index. The worst absolute loss has been 10%.

Periods of worst performance

Absolute -10.00% (October 2007 - September 2008)
Relative -100.00% (January 2016 - April 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 30 June 2020

3.5% Us (Govt Of) 1% Il 2049
1.6% Microsoft Corp
1.4% Amazon.com Inc
1.4% Astrazeneca Plc
1.1% Royal Dutch Shell Plc
.9% British American Tobacco
.9% Glaxosmithkline
.8% Alphabet Inc
.8% Apple Inc
.8% Tencent Hldgs Limited
Source: Trustnet

Key Investor Information - Income

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Key Investor Information - Accumulation

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