It is possible to achieve attractive returns over the long term, but with less volatility than investing only in shares, by having a portfolio diversified across different assets. That way, when certain areas perform poorly, others might perform better and smooth out returns.Richard Troue and David Smith, Fund Managers
Why invest?
The fund aims to grow your money by investing in shares and bonds. The fund managers control how much of the fund is invested in shares, giving up some growth in rising stock markets to help shelter investors' money when markets fall.
Overall, the fund is a medium-risk option. As with most investments, you should plan to hold it for at least five years.
You’ll get a mix of:
- Shares in larger companies, including in the US, UK and Europe, with long-term growth potential.
- Low-yield government bonds and higher-yielding, higher-risk, corporate bonds, to balance stability of returns with opportunity for higher yields.
- A relatively small proportion of investments in emerging markets and smaller companies, which offer higher growth potential, but increased risk.
Important - The value of this fund and the income from it, can still fall so you could get back less than you invested, especially over the short term. If you are unsure of the suitability of any investment for your circumstances please contact us for advice. Tax rules can change and benefits depend on individual circumstances.
This fund has a holding in LF Equity Income (formerly the Woodford Equity Income Fund), which is currently being wound up. This fund continues to trade as normal.
View the HL Multi-Manager Strategic Assets fund prospectus.
At a glance
Investment goal
Growth
Relative risk
Moderate
Invests in
44.4% Fixed Income
43.4% Shares
7.2% Other
5.0% Cash
Correct as at 30/04/2021
Yield
0.88%
Not a reliable indicator of future income.
Correct as at 30/09/2021
Charge
OCF/TER 1.37%
(plus up to 0.45% p.a. platform charge)
Price
Sell: 123.75 | Buy: 123.75
Correct as at 22/10/2021