MAB Quarterly Review Q1 2025 - Balanced - Flipbook - Page 3
Performance summary
The Multi-Asset Blend Balanced Fund (“the Fund”) returned +5.2% over the
third quarter.
Given its lower risk pro昀椀le, Fixed Income is the largest single asset class in this
Fund (when equities are split by geography), representing 24% of the strategic asset
allocation. Fixed Income markets were up over the quarter, with the Bloomberg
Global Aggregate Index of high-quality global bonds returning +1.1% in GBP
Hedged terms.
Equities represent 50% of the Fund’s strategic asset allocation. Global equities were
also up strongly over the quarter, and this was consistent across all the global equity
markets in which you are invested.
Our Tactical Asset Allocation positioning in equities was positive for the quarter,
with the negative impact from our underweight to the rallying European ex-UK
equity more than offset by the positive impact from our overweight to the Japanese
market and our modest overweight to the UK equity market.
MAB Balanced
IA Mixed Investment
20-60%
Quarter 3 2025
5.2%
3.8%
1 year
10.0%
7.3%
3 year
28.3%
25.2%
5 year
33.9%
25.7%
22 July 2019
(Since launch)
37.9%
24.9%
The Fund has seen
a return of 37.9%
since launch in
July 2019.
Pg 2
