MAB-Quarterly-Review-Q2-2025-Growth - Flipbook - Page 3
Performance summary
The Multi-Asset Blend Growth Fund (“the Fund”) returned +4.3% over the second
quarter, outperforming the +3.8% return of the Fund’s IA Mixed Investment 40-85%
Shares performance comparator.
Given its higher risk pro昀椀le, Equities represent 80% of the Fund’s strategic asset
allocation. Global equities were up strongly over the quarter, and this was consistent
across all of the global equity markets in which you are invested.
The Fixed Income asset class makes up 6% of this Fund’s strategic asset allocation.
Fixed Income markets were up over the quarter, with the Bloomberg Global Aggregate
Index of high-quality global bonds returning +1.6% in GBP Hedged terms.
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 the UK equity market.
Quarter 2 2025
MAB Growth
IA Mixed Investment
40-85%
4.3%
3.8%
1 year
6.5%
5.5%
3 year
26.4%
21.9%
5 year
43.0%
32.7%
22 July 2019
(Since launch)
41.9%
30.4%
The Fund has seen
a return of 41.9%
since launch in
July 2019.
The Fund performance 昀椀gures are presented net of the Ongoing Charges Figure
(OCF) and run from launch.
Pg 2
