Performance of fund vs sector over 10yrs
Pension
FACT BOX
MANAGERS : Bhavin Shah , Simon Nichols & Paul Flood / LAUNCHED : 04 / 11 / 1986 / FUND SIZE : £ 2.5bn / OCF : 0.67 %
CROWN RATING
half the 10 % drop from its IA Mixed Investment 40-85 % Shares sector . It has outperformed over the long term , making 91.4 % over the past 10 years compared with 64.6 % from its peer group composite . However , the analysts at Square Mile said it would be better to judge the fund ’ s performance since 2017 when the current management team took charge and reduced the emphasis on capital preservation . The fund has outperformed over this time as well . Despite the lower emphasis on capital protection , the fund holds a 9 % weighting in cash . Nichols said he is biding his time before putting this to work .
Performance of fund vs sector over 10yrs
IA Mixed Investment 40-85 % Shares ( 64.6 %)
BNY Mellon Multi-Asset Balanced ( 91.4 %)
100 % |
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80 % |
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60 % |
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40 % |
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20 % |
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0 % |
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-20 % |
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May13 |
May14 |
May15 |
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May17 |
May18 |
May19 |
May20 |
May21 |
May22 |
Source : FE Analytics
Issue 95 - May 2023 / 47 /