Tilney Ethical Portfolio Clean

A balanced multi-asset fund of funds, which invests in ESG products

  • 109.68p Price (Inc)
  • 114.54p Price (Acc)
  • 5.00% 0.00%

    Initial charge
  • 0.75% Annual management charge
  • 1.42% Ongoing charges
  • 2.10% Yield

Prices as at 15 November 2019, fund data last updated 20 November 2019

The fund’s objective is to provide a moderate level of capital growth in real terms, whilst adhering to its ethical mandate. It has a sizeable allocation to equities, and exposure to both fixed income and alternative asset classes, in addition to cash-like investments. This fund would suit investors looking to invest ethically and to grow the value of their portfolio in real terms, with a slightly below average risk tolerance. The Ethical fund is positioned with a similar level of risk as our Cautious fund, though its allocations will differ due to the constrained nature of its ethical mandate.

Fund summary

Sector Mixed Investment 20-60% Shares
Structure OFFSHORE FUND
Launched January, 2017
Size £209m
Yield 2.10%
Charging basis Capital
Dividends paid 31 Mar, 30 Sep

Charges

Initial charge 5.00%
Initial charge via Bestinvest 5.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.42%

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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 we believe to be the best funds to achieve that asset allocation, with the aim of delivering excellent client outcomes.

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -3.04%
  • 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.

Ben Seager-Scott

Seager-Scott is the Head of Multi-Asset Funds in the Central Investment Team. He joined the firm in 2011 as a senior fund analyst having previously worked at Bristol-based Whitechurch Securities. Seager-Scott is a CFA charter holder and has a PhD in Biochemistry.

Track record

The track record of Ben Seager-Scott in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -3.00% (October 2019 - October 2019)
Relative -3.00% (October 2019 - October 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.

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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. Fund volatility as well as asset allocation and the geographical and capitalisation split of equities relative to the Asset Model is continually monitored to limit ensure that there is not a wide divergence relative to our internal rules. The fund's equity component is always likely to have above average exposure to small and mid-cap stocks.

Key Investor Information - Income

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Key Investor Information - Accumulation

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