M&G Cautious Multi Asset FundIf you’re unsure what economic predictions and stockmarket forecasts mean for your investments, it could be wise to choose an investment that’s already well diversified such as the M&G Cautious Multi Asset Fund. The fund is designed to deliver competitive returns across different market conditions, by identifying attractive investment themes and investing in a broad range of assets.
Why choose the M&G Cautious Multi Asset Fund?
How has the M&G Cautious Multi Asset Fund performed?
The fund is managed by Citywire A* rated David Jane. Head of Equity Investment at M&G. David seeks to identify themes, asset classes, regions, sectors and investment styles that can help maximise the fund’s return. He has the ability to actively adjust the weightings of asset classes according to these themes (within regulatory guidelines) so that he has exposure to the best performing assets, while avoiding underperforming areas.
As well as being able to invest in equities, fixed interest and cash, David is able to invest in other asset classes such as commodities and commercial property. Although commercial property has suffered through the recent recession, it now appears much more attractive. David uses his expertise and experience, along with M&G’s extensive resources, to identify what he believes will be the best performing asset classes and invests accordingly.
The flexibility of the fund, which enables David to invest in a broad range of lowly correlated assets, can help to reduce the fund’s volatility and one of David’s key objectives is to ensure that the fund’s risk profile is suitable for the cautious investor.
The Fund’s objective is to maximise total return (the combination of income and growth of capital) through investment in a diversified range of asset types. Subject to this, the Fund aims to grow income in the long term. The Fund invests mainly in securities, fixed income assets, warrants, money market instruments, deposits, cash, near cash and property via collective investment schemes and, with the exception of property, by investing directly in these assets. The Fund may also invest directly in derivative instruments for the purposes of investment and efficient portfolio management. The Fund will invest no more than 60% of its portfolio in equities.
Products available: ISA, OEIC & Savings Plan
Citywire A* rated David Jane joined M&G in December 2000 as a fund manager on the Global Specialist Equity team. In September 2002 he was appointed Head of M&G Equity Investment.
David previously worked at Axa Investment Management as Head of Global Financials Research. Prior to this he was with Newton Investment Management as Director of Global Financials Research. David graduated from Keele University with a BA Honours in Statistics and Economics.
In addition to the fund data that can be found by accessing the menu to the left of this page you may also wish to read the fund Key Features (3 MB) which contains further fund information.
| Single year performance (5 years ending December 2009) | |||||
| From
To | 31.12.08
31.12.09 | 31.12.07
31.12.08 | 29.12.06
31.12.07 | 30.12.05
29.12.06 | 31.12.04
30.12.05 |
| M&G Cautious Multi Asset Fund | +14.9% | -2.6% | N/A | N/A | N/A |
| IMA Cautious Managed Sector | +15.9% | -15.2% | +1.8% | +7.1% | +12.8% |
Please remember that you should not base decisions on past performance, prices may fluctuate and you may not get back your original investment. The fund has a varying risk profile as it is exposed to various asset types, each with their own risk profile. Overseas shares and bonds may be affected by currency exchange rates.
Source of all performance figures: Morningstar Inc., and M&G Statistics, bid to bid, net income reinvested, Sterling Class A Shares as at 31 December 2009.
*Citywire rating as at 31 December 2009 and should not be taken as a recommendation.
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