Threadneedle Dynamic Real Return ZNI (FUND:B93MKD8) - Overview

Fund Report

Threadneedle Dynamic Real Return Fund ZNI

Key Stats
Morningstar® CategoryGBP Flexible Allocation
Manager Name-
Inception Date18/06/2013
NAV 25/10/2016GBX 117.76
Day Change-0.14%
12 Month Yield1.10%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/07/2016279.86 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.97%
Fund Rebate-

Morningstar Rating™

4 Stars


Fund Benchmark


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: Threadneedle Dynamic Real Return Fund ZNI
  • Category: GBP Flexible Allocation
  • Benchmark: Cat 50%Barclays StlAgg TR&50%FTSE Wld TR
Trailing Returns % (GBP) 25/10/2016
3 Years Annualised6.126.3511.19
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The aim of the Fund is to provide a positive real rate of return above inflation (defined as the Consumer Price Index) over the medium to long term and to provide a positive return over a three year time period, notwithstanding market conditions. Positive returns are not guaranteed and no form of capital protection applies. The Fund invests in shares of companies and bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments, money market instruments, cash, currencies, property and commodities worldwide. Commodities are physical materials such as oil, agricultural products, and metals. The Fund makes active investment decisions and may vary exposure to or at times choose not to invest in some of the types of investments listed. The Fund invests directly in these assets, through regulated or unregulated funds, or by using derivatives.

Portfolio Profile31/07/2016

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 Kingdom26.61
Europe - ex Euro11.63
United States1.13

Top Sectors

Stock Sector%
Consumer Cyclical18.74
Consumer Defensive17.87
Fixed Income Sector%
Cash & Equivalents42.09
Corporate Bond38.73
Government Related0.67
Non-Agency Residential Mortgage Backed0.60
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseThreadneedle UK ShrtDtdCorpBd XGI Not Classified23.87
IncreaseThreadneedle Eurp Hi Yld Bd XGI Not Classified12.54
Threadneedle Japan XNA Not Classified10.73
DecreaseThreadneedle Eurp Sel XNA Not Classified9.27
DecreaseThreadneedle UK XNI Not Classified7.65
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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