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Baring Multi Asset Class I - Income (GBP)

Sell: 150.60pBuy: 150.60p0.20p (0.13%)

Prices as at 24 April 2014

* Please note that there can be occasions when the Selling price shown may be temporarily higher than the Buying price. This can sometimes happen when the stock market is closed but it can also happen at other times for a variety of reasons. However, when the stock market is open and you place a trade, the selling price available to you will never be higher than the buying price. Live prices will be available when you place a deal with us during market hours. Please check these and contact us if you are unable to deal online.
Also available as accumulation units Help

Charges and Savings

Fund manager's initial charge: 0.00%
HL saving on initial charge: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Fund manager's annual charge: 0.55%
HL saving on annual charge (loyalty bonus): 0.00%
Net annual charge: 0.55%
 
Fund manager's other expenses: 0.35%
Performance fee: No  

Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above. Further details available in the HL guide to fund prices, savings and yields. Loyalty bonus is paid tax-free in an ISA or SIPP but may be subject to tax in a Fund & Share Account.

HRMC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held outside ISAs or SIPPs should be paid net of basic rate tax. We believe this is incorrect and are challenging HMRC's interpretation. However, in line with best client accounting practice and to save clients facing an unexpected bill in the future, we are currently paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC. Loyalty bonuses in the Vantage Fund & Share Accounts held by overseas investors, companies and charities will be paid without any deductions, as will loyalty bonuses in the Vantage ISA and Vantage SIPP which are exempt from tax.

Other Information

Unit type: Unbundled
Manager: Andrew Cole
Launch date: 20 March 2009
Launch price: £1.00
Sector: Mixed Investment 20-60% Shares
Fund size: £881 million
Number of holdings: 208
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £500.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £50.00

Performance

24/04/09 to 24/04/10 24/04/10 to 24/04/11 24/04/11 to 24/04/12 24/04/12 to 24/04/13 24/04/13 to 24/04/14
Annual return n/a n/a 3.5% 8.52% 1.56%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

Wealth 150 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 150 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 150 funds are superior alternatives. View funds on the Wealth 150 »

Fund Objective

The investment objective of the Fund is to generate a capital return which exceeds UK inflation over the medium to long term.

Income Details

Historic yield: 0.80%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 1 April 2014
Payment date: 31 July 2014 4

All yields are variable and not guaranteed. Information correct as at 28 February 2014.

Security Weight
Northern Trust The Sterling Fund Distribution Shares 12.77%
Legal & General US Index Trust I 4.84%
Neuberger Berman High Yield Bond Class I 4.81%
Muzinich Americayield US High Yield Bond Class A 3.81%
AXA Framlington UK Select Opportunities Class ZI 3.73%
ING (L) FLEX Senior Loans Class I 3.48%
US TSY 2.75% 15FEB24 3.41%
BARING FAR EA (EX JA) X I 2.82%
Barings Fund Managers BAM Europe Ex UK I 2.67%
US TSY 2.00% 31JUL20 2.36%
Sector Weight
Bonds 35.25%
Non-Classified 28.15%
Managed Funds 6.42%
Banks 3.63%
Pharmaceuticals & Biotechnology 2.84%
Oil & Gas Producers 2.24%
Mining 2.20%
Industrial Engineering 1.84%
Life Insurance 1.81%
Support Services 1.76%
Country Weight
United Kingdom 45.91%
United States 25.04%
Non-Classified 15.90%
Japan 7.48%
Managed Funds 6.45%
Direct Property and REITs 1.34%
Mexico 1.04%
Russian Federation 1.04%
France 0.96%
Germany 0.64%

Fund Manager

Photo of Andrew Cole

Key facts

Andrew Cole
Manager start date 20/03/2009
Manager located in London

Biography

Andrew is a member of the Multi Asset Team responsible for the management of Multi Asset portfolios. He is lead manager on a number of segregated portfolios. Andrew was appointed to the Strategic Policy Group (SPG), the company?s global macro research and Asset Allocation Team, in 2005. He is chair of the SPG Risk Sub Group and a member of the Economic Group. Both groups provide key inputs to the debate of the monthly SPG meetings. Andrew joined the Fixed Income department at Baring Asset Management in 1986. He was appointed a Director in 1994 and joined the Multi Asset Portfolio Team in 1995.

You can buy or sell holdings in this fund through an ISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Prices as at 24 April 2014. Data as at 28 February 2014.

Wealth 150 fund

The Wealth 150 is a list of what we believe to be the best funds in each sector. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

Wealth 150+ fund

The Wealth 150 is a list of what we believe to be the best funds in each sector. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

As investment returns depend on two factors - performance and charges - we have identified from the Wealth 150, the funds we believe offer the very best combination of outstanding performance potential and the best prices. These are the Wealth150+ funds. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

Core Tracker fund

The Core Trackers list represents what we believe are the very best trackers in each of the main sectors. We analysed each fund's management, process and performance to find the best combination of quality and cost. We want to ensure that the fund has not only tracked its index closely in the past, but that it has the best potential to track well in the future. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.



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