Multi-Asset

Investors choose to be cautious so that through times of volatility they do not experience huge portfolio drops. While equities can be very volatile in the short term, as an asset class they have historically produced the highest returns over the long term. The Ashburton Balanced Fund is suited to investors who require a real return on their capital over time and has a moderate risk profile. The Ashburton Targeted Return Fund is well-suited to investors seeking a conservatively managed balanced fund with stable inflation beating returns. Also part of the multi-asset range is the Diversified Income Fund.

Multi-Asset Funds

The Ashburton Balanced Fund’s objective is to generate long-term, inflation-beating returns over a 36-month period. It invests across a wide range of domestic and international asset classes which include equities, bonds, property shares and money market instruments. The Fund can have a maximum equity exposure of 75% and is limited to a maximum offshore exposure of 45%. The portfolio is actively managed with exposure to various asset classes varied to reflect changing economic and market circumstances and maximise returns for investors.

The Ashburton Targeted Return Fund is a multi-asset low equity fund, which is run as a low risk offering that is suitable for investors with an income as well as capital appreciation requirement, with a focus on mitigating drawdown risk. The Fund invests in an active combination of local and global asset classes and the portfolio managers source returns from both asset allocation and instrument selection where appropriate, while applying appropriate currency diversification, and derivative strategies for risk mitigation. The Fund was restructured in 2020 and the solid track record is the result of this new approach. The Fund is intended as a longer-term product with an ideal term of 36 months or longer. The Fund benchmark is inflation + 3.5%.

The Diversified Income Fund is an actively managed income solution. It invests across a range of domestic and international fixed income and other low risk assets including property and money market instruments. It is suited to investors wanting to maximise total return (income plus capital) over the interest rate cycle but have a moderate risk profile. Offering daily liquidity, the Fund varies asset allocation between cash, bonds and others over time, and provides a diversified set of returns with lower risk and volatility.