MAB-Quarterly-Review-Q2-2025-Adventurous - Flipbook - Page 3
Performance summary
The Adventurous Fund (“the Fund”) returned +4.5% over the second quarter,
outperforming the +3.8% return of the Fund’s IA Flexible Investment performance
comparator.
Given its higher risk pro昀椀le, Equities represent 97% of the Fund’s strategic asset
allocation. Global equities were also up strongly over the quarter, and this was
consistent across all of the global equity markets in which you are invested.
Our Tactical Asset Allocation positioning in equities was negative for the quarter,
with the negative impact from our underweight to the rallying European ex-UK
equity market partially offset by the positive impact from our overweight to the
Japanese market and our modest overweight to UK equity market.
Adventurous
IA Flexible Investment
Quarter 2 2025
4.5%
3.8%
1 year
6.0%
5.0%
6th Oct 2022
(Since launch)
28.5%
20.9%
The Fund has seen
a return of 28.5%
since launch in
October 2022.
The Fund performance 昀椀gures are presented net of the Ongoing Charges Figure (OCF) and
run from launch.
Pg 2
