MI PanDYNAMIC PanDefensive Z Inc (FUND:BKWQ016) - Fund price - Overview

Fund Report

MI Charles Stanley Multi Asset 1 Defensive Fund Z Income Shares (GBP)

Key Stats
Morningstar® CategoryGBP Cautious Allocation
Manager Name-
Inception Date28/07/2014
NAV 26/04/2017GBX 103.62
Day Change0.06%
12 Month Yield2.67%
Dividend FrequencyQuarterly
Net Assets (mil) 31/03/201719.09 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.22%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating



Sustainability Rating as of 28/02/2017


Fund Benchmark

IA Mixed Invest 20 - 60% Shares

Morningstar® Benchmark

Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR

Growth Of 10,000 (GBP) 31/03/2017

How has this security performed
  • Fund: MI Charles Stanley Multi Asset 1 Defensive Fund Z Income Shares (GBP)
  • Category: GBP Cautious Allocation
  • Benchmark: Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR
Trailing Returns % (GBP) 26/04/2017
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund will aim to achieve a combination of capital growth and income by investing primarily in Exchange Traded Funds (ETFs) and similar securities. The exposure to risk assets like equities versus defensive assets like bonds will be adjusted according to the market conditions and diversified by taking a global approach. The fund will combine a range of asset classes, predominantly those regarded as lower risk, with the aim of offering a defensive and cautious investment approach. The Fund will invest primarily in a mixture of index‐tracking instruments, including indextracking Exchange Traded Funds (ETFs) and other collective investment schemes which capture the performance of fixed income, equities and other asset classes.

Portfolio Profile31/03/2017

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 States59.57
United Kingdom20.09
Europe - ex Euro3.71

Top Sectors

Stock Sector%
Financial Services17.31
Consumer Defensive11.24
Consumer Cyclical10.81
Fixed Income Sector%
Corporate Bond69.13
Cash & Equivalents10.84
Government Related4.11
Asset Backed1.42
Top Holdings
IncreaseDecreaseNew since last portfolio
iShares MSCI World GBP Hedged Acc Not Classified3.25
iShares Edge MSCI World Min Vol USD Acc Not Classified3.00
US Treasury Note 2021-04-15Not Classified2.61
db x-trackers S&P 500 (DR) 2C Not Classified2.50
iShares £ Corp Bond 0-5yr GBP Dist Not Classified2.23
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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