III - FundFactsheet

Fund Objective: The aim of the Fund is to provide a positive real rate of return above inflation (defined as the Consumer Price Index) over the medium to long term and to provide a positive return over a three year time period, notwithstanding market conditions. Positive returns are not guaranteed and no form of capital protection applies.The Fund invests in shares of companies and bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments, money market instruments, cash, currencies, property and commodities worldwide. Commodities are physical materials such as oil, agricultural products, and metals.The Fund makes active investment decisions and may vary exposure to or at times choose not to invest in some of the types of investments listed.The Fund invests directly in these assets, through regulated or unregulated funds, or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets.

Annual Rebate Annual rebate on
£10,000 holding
Ongoing Charges   Initial Charge /
Dealing Charge
- - 0.93% 0.00% / £10
 Star Rating Fund Risk Level   12 Month Performance
5 LowLowLowLowLow 130.66 124.66
Quick Stats Purchase info
Currency: GBX Change on day 0.12% Sector UT Targeted Absolute Return Min: £20.00
Bid price: 0.00 YTD return -0.13% Fund size(£m) 1537.03 ISA: Yes
Mid price: 128.31 Yield 0.80% Fund type OEIC
Offer price 0.00 Type Accumulation Unit Launch date 18/06/2013
Performance - View all
Key Chart Instrument 1 mth 6 mths 1 yr 3 yrs
Threadneedle Dynamic Real Return ZNA GBP -0.78% 0.93% 2.12% 17.43%
UT Targeted Absolute Return -0.14% -0.45% -0.09% 3.82%



Region Weighting - as at 31/07/18
Region % of fund
UK 28.20
Not Specified 16.70
Europe ex UK 15.20
Money Market 12.70
Japan 12.00
International 6.80
Far East ex Japan 5.50

Sector/Region weightings are currently unavailable

Fund Objective

The aim of the Fund is to provide a positive real rate of return above inflation (defined as the Consumer Price Index) over the medium to long term and to provide a positive return over a three year time period, notwithstanding market conditions. Positive returns are not guaranteed and no form of capital protection applies.The Fund invests in shares of companies and bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments, money market instruments, cash, currencies, property and commodities worldwide. Commodities are physical materials such as oil, agricultural products, and metals.The Fund makes active investment decisions and may vary exposure to or at times choose not to invest in some of the types of investments listed.The Fund invests directly in these assets, through regulated or unregulated funds, or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets.

Fund Manager

Toby Nangle

Click here for Fund manager’s performance biography

Since: 18/06/2013

Biography:Toby Nangle joined the company in 2012 and is currently Head of Multi Asset & Head of Global Asset Allocation, EMEA. In this role he is responsible for managing and co-managing a range of multi-asset portfolios, as well as providing strategic and tactical input to the company’s asset allocation process.Before joining the company, Toby worked at Baring Asset Management, initially in the fixed income team and subsequently as Director of the Multi-Asset Group. He holds degrees in History and International Relations from the University of Cambridge.

Quick Stats
Citi code J9MG Legal structure OEIC Fund Currency GBX
ISIN code GB00B93TQ868 Fund size £1,537.03 M at 31/08/2018 Price date 19/09/2018
Fund Risk Level LowLowLowLowLow Star rating 5 Pricing freq Daily
Sector UT Targeted Absolute Return Valor code - WKN Code -
Bid price 0.00 Mid price 128.31 Offer Price 0.00
Benchmark No Specified Index Yield 0.80% Launch date 18/06/2013
Domicile United Kingdom Type Accumulation ISA Yes
Purchase & Other Information
Min.investment £20.00
Min.top-up £20.00
Standard (Fund Manager) Initial Charge 0.00%
Interactive Investor Initial Charge 0.00%
Annual Rebate -
Ongoing Charges 0.93% at 25/11/2017
Performance Fee NONE
Compliant Non UCITS Retail Scheme,
Dividend dates May 26, Nov 26
For sale in United Kingdom, Sweden,
Performance Chart in (GBX)

Bid-to-bid with income reinvested.

Past performance is not a guide to future performance. Fund performance data doesn’t take into account fees and expenses which are specific to individual plans. Details are available on request.

Cumulative Performance in GBX
  3 mth 6 mth 1 yr 3 yr 5 yr
Fund -1.20% 0.93% 2.12% 17.43% 27.92%
Sector -0.24% -0.45% -0.09% 3.82% 10.33%
Relative to sector -0.96% 1.38% 2.21% 13.61% 17.59%
Rank within sector 67/84 22/83 21/81 6/72 7/56
Quartile 4th 2nd 1st 1st 1st
Discrete Annual Performance to Last Quarter End in GBX
  0-12m 12m-24m 24m-36m 36m-48m 48m-60m
Fund 3.31% 8.03% 3.37% 6.98% 5.53%
Sector 0.46% 4.16% -0.54% 3.72% 3.40%
Relative to sector 2.85% 3.87% 3.91% 3.26% 2.13%
Rank within sector 15/81 16/73 12/71 15/60 14/55
Quartile 1st 1st 1st 1st 1st
Performance by Calendar Year in GBX
  YTD 2017 2016 2015 2014
Fund -0.13% 6.81% 7.92% 2.66% 5.83%
Sector -0.78% 2.97% 0.97% 2.20% 2.51%
Relative to sector 0.65% 3.84% 6.95% 0.46% 3.32%
Rank within sector 32/81 14/79 8/73 24/67 15/57
Quartile 2nd 1st 1st 2nd 1st
Fund Price Movement in GBX
12 month high 130.66 (British Pence) 12 month low 124.66 (British Pence)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 4.05 3.53 1.53 0.49 3.15 1.32 0.45
Asset Weightings as at July 31, 2018
Rank Change Name % Weighting
1 NoChange Global Investment Grade Fixed Interest 19.00%
2 Riser Europe ex UK Equities 15.20%
3 Faller Japanese Equities 14.90%
4 NoChange Global Developed Markets Government Fixed Interest 13.30%
5 NoChange Cash 8.90%
6 NoChange Commodity & Energy 6.70%
7 Riser Global Emerging Market Equities 5.50%
8 Riser Property 4.80%
9 Faller UK Equities 4.50%
10 nochange Others 7.20%
  •  Faller
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Region Weightings as at July 31, 2018
Rank Change Name % Weighting
1 NewEntry UK 28.20%
2 NoChange Not Specified 16.70%
3 NoChange Europe ex UK 15.20%
4 NoChange Money Market 12.70%
5 NoChange Japan 12.00%
6 NoChange International 6.80%
7 NoChange Far East ex Japan 5.50%
8 nochange Others 2.90%
  •  Faller
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Sector Weightings are currently unavailable
Top Holdings as at July 31, 2018
Rank Change Name % Weighting
1 NoChange THREADNEEDLE STERLING SHORT-DATED CORPORATE BOND FUND 19.00%
2 NoChange THREADNEEDLE JAPAN FUND 12.00%
3 NoChange GOV OF UK 1.75% 22/07/2019 8.60%
4 NoChange THREADNEEDLE EUROPEAN FUND 8.40%
5 Riser THREADNEEDLE EUROPEAN SELECT RET ACC GBP 6.80%
6 Faller THREADNEEDLE (LUX) ENHANCED COMMODITIES PORTFOLIO AEH EUR 6.60%
7 NoChange THREADNEEDLE UK INST ACC GBP 4.50%
8 NoChange THREADNEEDLE UK PROPERTY AUTHORISED INVESTMENT FUND 4.20%
9 NoChange THREADNEEDLE ASIA FUND 3.20%
10 NoChange UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/22 USD100 2.40%
Total 75.70%
  •  Faller
  •  Riser
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  • new  New entry