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 130.51 124.66
Quick Stats Purchase info
Currency: GBX Change on day 0.71% Sector UT Targeted Absolute Return Min: £20.00
Bid price: 0.00 YTD return 0.97% Fund size(£m) 1392.88 ISA: Yes
Mid price: 129.56 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 -0.12% 0.21% 3.21% 15.16%
UT Targeted Absolute Return 0.19% -1.19% 0.60% 3.67%



Region Weighting - as at 31/05/18
Region % of fund
UK 28.70
Not Specified 17.20
Europe ex UK 14.70
Money Market 13.90
Japan 12.90
International 4.90
Far East ex Japan 4.60

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 £1,392.88 M at 30/06/2018 Price date 18/07/2018
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 129.56 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 2.44% 0.21% 3.21% 15.16% 26.80%
Sector -0.05% -1.19% 0.60% 3.67% 10.66%
Relative to sector 2.49% 1.40% 2.61% 11.49% 16.14%
Rank within sector 9/82 20/80 17/80 6/71 9/55
Quartile 1st 1st 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 14/80 16/72 11/70 15/59 14/55
Quartile 1st 1st 1st 1st 1st
Performance by Calendar Year in GBX
  YTD 2017 2016 2015 2014
Fund 0.97% 6.81% 7.92% 2.66% 5.83%
Sector -0.35% 2.97% 0.97% 2.20% 2.51%
Relative to sector 1.32% 3.84% 6.95% 0.46% 3.32%
Rank within sector 18/80 14/78 8/72 23/66 15/57
Quartile 1st 1st 1st 2nd 1st
Fund Price Movement in GBX
12 month high 130.51 (British Pence) 12 month low 124.66 (British Pence)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 4.17 2.79 1.56 0.33 3.25 1.07 0.45
Asset Weightings as at May 31, 2018
Rank Change Name % Weighting
1 NoChange Global Investment Grade Fixed Interest 18.90%
2 NoChange Japanese Equities 16.00%
3 NoChange Europe ex UK Equities 14.70%
4 NoChange Global Developed Markets Government Fixed Interest 14.10%
5 NoChange Cash 9.90%
6 Faller Commodity & Energy 6.80%
7 NoChange Property 5.00%
8 Riser UK Equities 4.70%
9 Faller Global Emerging Market Equities 4.60%
10 nochange Others 5.30%
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Region Weightings as at May 31, 2018
Rank Change Name % Weighting
1 NoChange UK 28.70%
2 NoChange Not Specified 17.20%
3 NoChange Europe ex UK 14.70%
4 Riser Money Market 13.90%
5 Faller Japan 12.90%
6 Riser International 4.90%
7 Riser Far East ex Japan 4.60%
8 nochange Others 3.10%
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Sector Weightings are currently unavailable
Top Holdings as at May 31, 2018
Rank Change Name % Weighting
1 NoChange THREADNEEDLE STERLING SHORT-DATED CORPORATE BOND FUND 18.90%
2 NewEntry THREADNEEDLE JAPAN X ACC GBP 12.90%
3 NoChange GOV OF UK 1.75% 22/07/2019 9.20%
4 NewEntry THREADNEEDLE EUROPEAN X GR ACC GBP 8.30%
5 Riser THREADNEEDLE (LUX) ENHANCED COMMODITIES PORTFOLIO AEH EUR 6.70%
6 NewEntry THREAD EUR SEL-X ACC GBP 6.40%
7 NewEntry THREADNEEDLE UK FUND-IXI-GBP 4.70%
8 Faller THREADNEEDLE UK PROPERTY AUTHORISED INVESTMENT FUND 4.40%
9 NewEntry THREADNEEDLE ASIA CON E XUP 2.50%
10 NoChange UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/22 USD100 2.50%
Total 76.50%
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