Discovery Balanced B GBP Inc (FUND:B92M7J4) - Overview

Fund Report

Discovery Balanced Fund B GBP Inc

Key Stats
Morningstar® CategoryGBP Moderate Allocation
Manager Name-
Inception Date24/12/2012
NAV 27/10/2016GBX 121.66
Day Change-0.21%
12 Month Yield3.22%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/201624.37 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.68%
Fund Rebate-

Morningstar Rating™



Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Cat 50%Barclays StlAgg TR&50%FTSE Wld TR

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Discovery Balanced Fund B GBP Inc
  • Category: GBP Moderate Allocation
  • Benchmark: Cat 50%Barclays StlAgg TR&50%FTSE Wld TR
Trailing Returns % (GBP) 27/10/2016
3 Years Annualised5.325.8211.12
5 Years Annualised7.707.4211.13
10 Years Annualised4.294.887.93

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The objective of the fund is to provide returns through a combination of capital growth and income whilst being managed so as to remain, over a market cycle, within a defined volatility range agreed from time to time between the ACD and the Investment Manager. The fund may gain exposure globally to a range of assets such as company shares, bonds, deposits, cash, property, commodities and derivatives to provide diversification. It will typically invest in these assets by using other collective investment schemes managed across several management groups but may also invest into securities directly. The Fund may also invest in money market investments, deposits, cash or near-cash investments and derivatives. Derivatives will be used only for the purpose of Efficient Portfolio Management.

Portfolio Profile30/09/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
United Kingdom27.57
United States27.35
Europe - ex Euro7.57

Top Sectors

Stock Sector%
Financial Services14.10
Consumer Defensive12.10
Consumer Cyclical11.92
Fixed Income Sector%
Cash & Equivalents45.37
Corporate Bond39.79
Commercial Mortgage Backed1.62
Asset Backed1.12
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioMGTS Ardevora UK Income Instl Net Inc Not Classified8.31
Blackstone/GSO Loan Financing Not Classified7.75
FP CRUX European Special Sit I Inc GBP Not Classified6.70
DecreaseFundsmith Equity I Inc Not Classified6.60
Baillie Gifford Corp Bd B Inc Not Classified6.49
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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