MAB Quarterly Review Q1 2026 - Cautious - Flipbook - Page 3
Performance summary
The Multi-Asset Blend Cautious Fund (“the Fund”) returned +0.6% over the 昀椀rst quarter
of 2026, re昀氀ecting a strong start to the 昀椀rst two months of the year followed by a sharp
market setback in March.
Given its low risk pro昀椀le, Fixed Income is the dominant asset class for your Fund,
representing 40% of the strategic asset allocation. Bond markets were positive in January
and February but declined in March as in昀氀ation concerns resurfaced, resulting in a slightly
negative performance for the quarter overall.
Equities represent 30% of your Fund. Global equities rose modestly in January and
February, supported by strong Emerging Market and Japanese performance, before falling
sharply in March. Overall, equities were negative for the quarter.
The strongest positive contributors to your Fund over the quarter were the Real Assets
and Absolute Return diversifying asset classes, which made the difference in the context
of equities and bonds both being negative.
MAB Cautious
IA Mixed Investment
0-35%
Quarter 1 2026
0.6%
-0.9%
1 year
9.4%
6.4%
17 Oct 2022
(Since launch)
26.7%
22.6%
The Fund has seen
a return of 26.7%
since launch in
October 2022.
The Fund performance 昀椀gures are presented net of the Ongoing Charges Figure (OCF) and
run from launch.
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