Data is at market close and rounded to 2 decimal places.

£1.8m
Fund size
None
94.29p
Share price B Acc GBP
Fact sheet
  • Fund overview
  • Investment approach
  • Risks

The LF Miton Balanced Multi Asset Fund is a global fund investing across the major asset classes such as company shares, bonds, other investments and cash.

Key Points:

  • Genuinely active investors – the managers have a pragmatic approach to investing and are not forced to own something just because it is in an index, allowing them to focus on producing the outcome investors want.
  • Directly invested in company shares and bonds rather than other investment funds (such as OEICs and Unit Trusts).
  • Experienced investment managers - the team has over 50 years combined investment experience gained at companies including M&G, Newton and Merrill Lynch.
  • Independently rated - the experience of the fund managers and quality of the funds has been recognised by independent industry endorsements.
The material within these webpages is not a recommendation to buy or sell any of the investments referred to herein. Miton does not give financial advice. If you are unsure as to the suitability of the investments mentioned please contact a financial adviser. The value of investments can fall as well as rise and you may not get back the original amount invested. Please see the Risks section above for a list of all associated risks.

Central to our approach is to remain true to some basic assumptions and to allocate resource to our strengths.

  • We believe that we are unlikely to have a decent understanding as to where the future lies, certainly not in a detailed enough manner, and with enough conviction, to exploit investment opportunities. Therefore, we do not construct portfolios on the basis of the single most likely scenario, rather we look to optimise performance across a range of scenarios.
  • In a similar vein, we view risk as a real world phenomenon, which statistical models have a limited chance of capturing. As such, we place great emphasis on understanding the actual volatilities and correlations of asset classes and, importantly, how they change over time, rather than focusing on forecasting.
  • These beliefs contribute to informing our approach to portfolio construction, which is where we believe we have an edge. Our expertise in portfolio construction combines well with the scope of the fund’s investment policy, i.e. to invest globally, across the full range of asset classes.
  • The value of investments may fluctuate which will cause fund prices to fall as well as rise and investors may not get back the original amount invested.
  • For funds investing globally, currency exchange rate fluctuations may have a positive or negative impact on the value of your investment.
  • Changes in interest rates will affect the value of, and the interest earned from bonds held by the fund. When interest rates rise, the capital value of the fund is likely to fall and vice versa.
  • The fund does not use derivatives extensively, although it may use them in an attempt to reduce risk, reduce costs and to generate additional income. Investing in derivatives carries the risk of reduced liquidity, substantial loss and increased volatility in adverse market conditions. Derivatives may expose the fund to credit risks of counterparties, who may not meet payment obligations. The use of derivatives may result in the fund being leveraged (where economic exposure and thus the potential for loss by the fund exceeds the amount it has invested) and in these market conditions the effect of leverage will magnify losses.

Awards & ratings

Objective and investment policy

To achieve long-term (greater than 5 years) capital growth by investing in a portfolio of global mixed assets comprising of equities, fixed income securities, property and commodities. Whilst a combination of asset classes will always be held, not all asset classes will necessarily be held all the time, with the exception of equities and equity related securities.

David Jane
Fund manager
Anthony Rayner
Fund manager

Fund facts

Fund launch date 29 January 2018
IA sector Mixed Investment 40-85% Shares
Fund type OEIC
Base currency GBP
Valuation point 12:00 midday
Accounting dates
Final - 30 June
Interim - 31 December

Awards & ratings

Distribution Technology and the Dynamic Planner Fund Rating as at 31 October 2019.

RSMR Fund Range Rating as at 31 October 2019.

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