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 130.14 121.88
Quick Stats Purchase info
Currency: GBX Change on day 0.33% Sector UT Targeted Absolute Return Min: £20.00
Bid price: 0.00 YTD return -1.09% Fund size(£m) 1233.14 ISA: Yes
Mid price: 126.92 Yield 1.00% 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 0.61% -0.60% 4.26% 11.39%
UT Targeted Absolute Return 0.29% -0.24% 2.04% 3.87%



Region Weighting - as at 28/02/18
Region % of fund
UK 30.60
International 23.10
Europe ex UK 14.80
Japan 14.60
Money Market 10.10
Far East ex Japan 3.00

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 Global Co-Head of Multi Asset & Head of 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 £1,233.14 M at 31/03/2018 Price date 20/04/2018
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 126.92 Offer Price 0.00
Benchmark No Specified Index Yield 1.00% 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 -2.25% -0.60% 4.26% 11.39% -
Sector -1.03% -0.24% 2.04% 3.87% 12.22%
Relative to sector -1.22% -0.36% 2.22% 7.52% -
Rank within sector 63/78 44/78 18/76 8/67 -
Quartile 4th 3rd 1st 1st -
Discrete Annual Performance to Last Quarter End in GBX
  0-12m 12m-24m 24m-36m 36m-48m 48m-60m
Fund 2.29% 9.03% -0.35% 9.77% -
Sector 1.18% 2.89% -0.66% 3.84% 3.82%
Relative to sector 1.11% 6.14% 0.31% 5.93% -
Rank within sector 20/76 14/70 25/67 11/56 -
Quartile 2nd 1st 2nd 1st -
Performance by Calendar Year in GBX
  YTD 2017 2016 2015 2014
Fund -1.09% 6.81% 7.92% 2.66% 5.83%
Sector -0.16% 2.97% 0.97% 2.20% 2.51%
Relative to sector -0.93% 3.84% 6.95% 0.46% 3.32%
Rank within sector 57/78 14/76 8/70 23/64 15/55
Quartile 3rd 1st 1st 2nd 2nd
Fund Price Movement in GBX
12 month high 130.14 (British Pence) 12 month low 121.88 (British Pence)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 4.18 1.67 1.72 0.02 3.08 0.79 0.55
Asset Weightings as at February 28, 2018
Rank Change Name % Weighting
1 NewEntry Global Investment Grade Fixed Interest 21.90%
2 Riser Japanese Equities 16.10%
3 NewEntry Europe ex UK Equities 14.90%
4 NewEntry Global Developed Markets Government Fixed Interest 11.20%
5 NewEntry Commodity & Energy 6.30%
6 NewEntry Cash 5.40%
7 NewEntry Global Emerging Market Equities 5.20%
8 NoChange Property 5.20%
9 Faller UK Equities 5.10%
10 nochange Others 8.70%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Region Weightings as at February 28, 2018
Rank Change Name % Weighting
1 NewEntry UK 30.60%
2 NewEntry International 23.10%
3 NewEntry Europe ex UK 14.80%
4 NewEntry Japan 14.60%
5 NewEntry Money Market 10.10%
6 NewEntry Far East ex Japan 3.00%
7 nochange Others 3.80%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Sector Weightings are currently unavailable
Top Holdings as at February 28, 2018
Rank Change Name % Weighting
1 NewEntry THREADNEEDLE STERLING SHORT-DATED CORPORATE BOND FUND 21.80%
2 NewEntry THREADNEEDLE JAPAN FUND 14.60%
3 NewEntry GOV OF UK 1.75% 22/07/2019 8.70%
4 NewEntry THREADNEEDLE EUROPEAN FUND 8.60%
5 NewEntry THREADNEEDLE EUROPEAN SELECT RET ACC GBP 6.30%
6 NewEntry THREADNEEDLE (LUX) ENHANCED COMMODITIES PORTFOLIO AEH EUR 6.20%
7 NewEntry THREADNEEDLE UK PROPERTY AUTHORISED INVESTMENT FUND 5.20%
8 NewEntry THREADNEEDLE UK INST ACC GBP 5.10%
9 NewEntry SGX NIFTY 50 03/18 2.20%
10 NewEntry GOV OF UNITED STATES 2.13% 15/02/2040 2.00%
Total 80.70%
  •  Faller
  •  Riser
  •  No change
  • new  New entry