Tilney Cautious Portfolio Clean

  • 111.89p
    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.

  • 115.64p
    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?

  • 5.00% 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!

  • 0.75%
    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).

  • 1.45%
    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.

  • 0.00%
    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 19 February 2020, fund data last updated 10 February 2020

This is a fund of funds which aims to provide a moderate level of capital growth in real terms. It has a sizeable allocation to both UK and overseas equities, but also has exposure to both fixed income and alternative asset classes including absolute return funds, as well as cash-like investments. This fund could suit investors who would like to reduce the impact of inflation and grow the value of their portfolio in real terms, with a slightly below average risk tolerance.

Fund summary

Sector
Structure OFFSHORE FUND
Launched
Size £2,761m
Yield 0.00%
Charging basis Capital
Dividends paid 31 Mar, 30 Sep

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.45%

Allocation

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Investment process

The assets of the fund are managed with exposure to one or more of the following asset classes: collective investment schemes (both regulated and unregulated, including but not restricted to certain hedge funds where investment would be consistent with the fund's investment objective and policy), investment trusts, investment companies, fixed income securities, equities, immovable property, cash, near cash and deposits. The fund may also invest in other transferable securities and money market instruments. The fund's asset allocation is set by Tilney's Asset Allocation Committee on a quarterly basis. Our team of specialist fund analysts and portfolio managers then identify what they believe to be the best funds to achieve that asset allocation, with the aim of delivering excellent client outcomes. Fund volatility as well as asset allocation and geographical and capitalisation split of equities relative to the asset model is continually monitored to ensure that there is not a wide divergence relative to the in-house rules.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

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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Allocation

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Portfolio

The fund has higher exposure to equities, and lower exposure to fixed income and alternative investments than our most defensive funds, and has no restrictions in its choice of asset category.

Key Investor Information - Income

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Key Investor Information - Accumulation

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