Fact sheet: Aberdeen Multi-Asset Real Return

Fund information
Fund name
Aberdeen Multi-Asset Real Return
Fund manager company
Aberdeen Asset Management
Fund type
Unit Trust
Fund managers
  • Michael Turnersince 09/03/2015
  • Irene Gohsince 01/05/2016
Fund objective
To achieve a real return equivalent to 5% per annum above inflation (before fees) over a full market cycle (generally 3 to 5 years).
Benchmark
  • ABS CPI
Investment style
Flexible,Active
Investment method
None
Quick stats
1 Year return
10.8%
1 Year rank in sector
57/152
Sector
FO Mixed Asset - Flexible
Yield
-
Fund size
£90m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
94
Top in this sector
Fund name1 Year
Investec EmrgMktsMA33.6%
Smith & Williamson Md-OcnWdInv32.2%
HSBC Pfl World Seltn 428.1%
GaveKal Asian Opp UCITS27.2%
Pioneer SICV-FlxOpprt25%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • International48.7%
    Australia29.5%
    Others18.5%
    Money Market3.4%
  • Fixed Interest39.7%
    Equities35.5%
    Others18.5%
    Money Market3.4%
    Property Shares2.9%
  • Global Fixed Interest34.5%
    Australian Equities24.3%
    Others18.5%
    International Equities14.2%
    Australian Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%3.3%7.6%10.8%25.4%49.2%
Sector1.1%1.6%5.5%8.6%10.6%27%
Rank within sector72 / 16626 / 16540 / 16157 / 15218 / 10016 / 73
Quartile2nd1st1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.9%9%4.1%9.6%4.8%
Sector4.2%3.4%-0.1%5%6.8%
Rank within sector63 / 16434 / 13825 / 11415 / 9556 / 82
Quartile2nd1st1st1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
5.18
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.79
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.98
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
4.76
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.93
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.5
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.66
Price movement
52 week high1.9
52 week low1.71
Current bid price1.89
Current offer price1.9
Current mid price-
Region
1International48.72%
2Australia29.47%
3Others18.46%
4Money Market3.35%
Industry sector
1Fixed Interest39.71%
2Equities35.54%
3Others18.46%
4Money Market3.35%
5Property Shares2.93%
Asset type
1Global Fixed Interest34.52%
2Australian Equities24.28%
3Others18.46%
4International Equities14.2%
5Australian Fixed Interest5.19%
6Money Market3.35%
Individual holdings
No data available.
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Asset Management
Fund type
Unit Trust
Fund objective
To achieve a real return equivalent to 5% per annum above inflation (before fees) over a full market cycle (generally 3 to 5 years).
Benchmark
  • ABS CPI
Investment style
Flexible,Active
Investment method
None
Fund managers
NameSinceBiography
Michael Turner09/03/2015Mike Turner is a Senior Director - Portfolio Manager overseeing Aberdeen’s Wealth Investment Team who manage the external Wealth clients within Aberdeen Solutions. Mike is also one of the senior leaders in the Multi-Asset team, responsible for leading on Global Multi-Asset and Diversified Multi-Asset portfolio management for segregated accounts and funds. In addition, Mike is a director of Aberdeen Pension Trustees Ltd and is a trustee of several defined benefit pension schemes. Mike joined Aberdeen via the acquisition of Edinburgh Fund Managers in 2003, where he was Head of Fixed Interest & Strategy, a Divisional Director of the Investment Management Divisional Board and a member of the Asset Allocation Committee. Previously, Mike worked for WorldInvest as Head of Fixed Income. Prior to that, Mike worked for Gulf International Bank as a Global Fixed Income Manager. Mike graduated from Heriot Watt University with a BA (Hons) in Economics.
Irene Goh01/05/2016Irene Goh is the Head of Multi-asset Solutions for Asia-Pacific at Aberdeen where she is responsible for managing client portfolios in Asia Pacific as well as representing the Group’s Aberdeen Solutions capability in the region. She is a member of the Tactical Asset Allocation Global Investment Committee and the Diversified Multi-Asset Committee, and leads the development of the investment process and portfolio strategies relating to regional markets. Her career spans multiple years of managing multi-asset investments for sovereign wealth fund, asset management and private wealth firms. Irene joined the company from AllianceBernstein where she was Head of Multi-asset Investments for Asia-Pacific and a member of the Multi-Asset Solutions Global DAA portfolio management team. Prior to this, Irene has also served as the Head of Asia, Asset Allocation and Currency (AAC) at UBS Global Asset Management where she was one of 6 voting members of the Global Asset Allocation Investment Committee. Having been a Senior Investment Manager of the Government of Singapore Investment Corporation, and overseen the portfolios of an Ultra High Net Worth family office, Irene has had experience managing multi-asset and multi-manager portfolios spanning traditional and alternative investments in her 22 years of career. Irene started her career with JP Morgan and progressed quickly to Vice President of the firm with experience in derivative trading and structuring. Irene holds a BA in Economics and Statistics (top student) and a BSc (Hons) in Economics from the National University of Singapore. She is a CFA, CAIA and FRM charterholder, and is based in Hong Kong.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
Australia, United Kingdom
Aberdeen Multi-Asset Real Return
Initial charge-
Annual charge0.84%
Min single investment£20,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.84%
Bid price1.8903
Offer price1.8979
Mid price-
CurrencyAUD
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHVH9
Aberdeen Multi-Asset Real Return NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.8941
CurrencyAUD
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN7AP
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.