Bestinvest Logo
Why us
Planning ahead
Insights
fund

Jupiter Merlin Growth Portfolio I

Bestinvest LogoA well managed fund of funds investing primarily in equity funds worldwide.

PRICE (INC)

570.82p

PRICE (ACC)

594.54p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

1.72%

YIELD

0.4%

1 YEAR
1.87%

Prices as at 16 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

This is a fund of global equity funds which may also include some commodities exposure. It differs from the Merlin Worldwide fund by retaining a core exposure to the UK. The Merlin team led by John Chatfeild-Roberts aim to achieve returns primarily through asset allocation. They look to determine the direction of economies, then identify the markets and funds that can best exploit the predicted conditions.

Fund summary

SectorFlexible Investment
StructureUNIT TRUST
LaunchedSeptember 2011
Size£1,577m
Yield0.4%
Charging BasisIncome
Dividends paid30 Apr, 31 Oct

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure1.72%

Investment Process

The key driver of the process is the team's view on the direction of the economy and markets. Chatfeild-Roberts subscribes to the view that the majority of added value from fund of funds products comes from having a view as to “what will happen next” and believes it is particularly important to accurately predict key economic turning points. The team then select funds and managers they believe will benefit from the expected conditions, both from within Jupiter and from other management groups. The fund invests primarily in equity funds across a diversified geographical range, though it retains a core in the UK. Commodity, property and bond funds may also be included, although this will be at most a small part of the portfolio. Historically the team have moved aggressively into cash during adverse market conditions. Fund selection includes both quantitative and qualitative analysis, with around 150 fund manager meetings taking place each year. Buy and sell decisions are subject to a vote amongst the team.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning